BOC buying web brokerage
(Hong Kong) – Bank of China (BOC) is buying a Hong Kong web based brokerage from Hutchison Whampoa and Credit Suisse First Boston and looking to sell online […]
(Hong Kong) – Bank of China (BOC) is buying a Hong Kong web based brokerage from Hutchison Whampoa and Credit Suisse First Boston and looking to sell online […]
(Indonesia) – Standard Chartered has lost to US investment company Farallon Capital Management in the bidding for a majority stake in Indonesia’s Bank Central Asia (BCA), which is […]
(Indonesia) – Indonesia has finally chosen the winning bid for a majority stake in the country’s largest retail bank after a much delayed and protested sale process.The sale […]
(China) – China Construction Bank (CCB), a Mainland Big 4 state owned bank, has acquired the outstanding 30 percent of a Dah Sing lending unit for HK$105.2 million.In […]
(Malaysia) – Malaysian group Sapura Holdings has won central bank approval to look at acquiring Southern Bank.Reportedly about to assume control of Southern STBB, the number 8 ranked […]
(Indonesia) – Standard Chartered Bank is favourite to win control of Indonesia’s largest retail bank, Bank of Central Asia (BCA), for an estimated US$400m.Final bids for 30 percent […]
(Indonesia) – Final bids for a majority stake in Indonesia’s largest retail bank, Bank Central Asia (BCA), are due in now for up to 51 percent of the […]
(Singapore) – Singapore is merging its currency board into the central bank come March 2003 in a move to streamline its institutional structure.The Currency Act will be retained […]
(Malaysia) – Sarawak’s Utama Banking may yet become a core bank in spite of negotiations with RHB Bank going nowhere.Lengthy talks on a merger between Utama and RHB […]
(Taiwan) – The Hongkong and Shanghai Banking Corp Ltd, a unit of HSBC Holdings, is paying around US$2 million for ABN Amro’s merchant acquiring business in Taiwan.Being purchased […]