Citi in historic deal with Shanghai Pudong
(China) – Citigroup banking unit Citicorp is set to raise its stake in Chinese affiliate Shanghai Pudong Development Bank to 24.9 percent by 2008, giving it the opportunity […]
(China) – Citigroup banking unit Citicorp is set to raise its stake in Chinese affiliate Shanghai Pudong Development Bank to 24.9 percent by 2008, giving it the opportunity […]
(Australia) – Global bancassurance giant AXA has poured cold water on speculation on a merger with rival AMP, but says it is interested in forming joint venture relationships […]
(Australia) – Canada’s TD Waterhouse has decided to quit its foray into the Australian online stockbroking market, and has sold its operation to market leader Commonwealth Securities for […]
(Taiwan) – Eleventh ranked United World Chinese Commercial Bank (UWCCB) and smaller Cathay United Bank will merge on September 30 after announcing an all-stock deal.The merger of the […]
(Indonesia) – The Indonesian Government says it plans to sell only 15 percent of its stake in the country’s top ranked Bank Mandiri, revising the figure down from […]
(New Zealand) – The National Bank of New Zealand has refused to comment on Australian reports that it has been put up for sale by its British owner, […]
(Thailand) – Australia’s ANZ Banking Group has confirmed it is talks to take up to a 20 percent stake in Thailand’s sixth largest bank, Thai Military Bank (TMB).TMB […]
(Australia) – Adelaide Bank has announced plans to buy the margin lending book of listed brokerage Hartleys Ltd for around A$130 million, which is the current face value […]
(Australia) – Blue-blooded Melbourne stockbroking firm JBWere has announced its long anticipated merger with US giant Goldman Sachs, but the Australian firm will maintain majority control.Under the deal […]
(Hong Kong) – Bank of China (HK), Hang Seng Bank and the Hong Kong Mortgage Corporation have emerged as the final three bidders for Citibank’s HK$13 billion Hong […]