CBA eyes New Zealand bank…sheds jobs
(Australia) Speculation is rife that Commonwealth Bank of Australia is likely to go head-to-head with ANZ in a $5 billion bid for National Bank of New Zealand after […]
(Australia) Speculation is rife that Commonwealth Bank of Australia is likely to go head-to-head with ANZ in a $5 billion bid for National Bank of New Zealand after […]
(Thailand) Thailand’s government is looking at merging nine state-run financial institutions later this year in a bid to help them compete with more lucrative private banks.Thai finance minister […]
(Australia) HBOS has told BankWest that it must develop “interstate strategies” once it has completed its take-over of the West Australian bank, according to a report in The […]
(Hong Kong) Hong Kong’s Wing Hang Bank has struck an exclusivity deal with Mizuho Corporate Bank to continue discussions on a possible take-over of the Japanese Bank’s wholly-owned […]
(Thailand) Making the most of favourable market conditions, the Thai government has dusted off long-postponed plans to sell stakes in Krung Thai Bank with shares likely to be […]
(Japan) Japan’s league table for mergers and acquisitions (M&A) during the first half of 2003 is set to be topped by three foreign investment banks, Merrill Lynch, Deutsche […]
(Australia) Macquarie Bank is set to take a 40 percent stake in Taiwan funds manager United Securities Investment Trust, the investment bank announced this week.The acquisition is part […]
(South Korea) Workers at South Korea’s Chohung Bank have agreed to return to work after a four-day strike that seriously disrupted the state-owned bank’s operations.The stand-off came about […]
(Australia) Independent directors of BankWest have given unanimous support to HBOS’s offer to buy up all shares in the bank held by minority shareholders.The decision to support the […]
(New Zealand) Speculation surrounding the eventual buyer of the National Bank of New Zealand is hotting up with the ANZ viewed by many to be the favourite to […]