HSBC to bid on Korea bank- report
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HSBC Holdings PLC is in seeking to gain controlling interest in Korea First Bank, according to a published report. Free! Sign up here to receive our Midday Market Report e-Newsletter!
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U.S. financial services firm GMAC is preparing to spearhead a bid for British mortgage lender Northern Rock , according to Britain's Sunday Times newspaper.
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Banking giant HSBC is moving to expand its presence in Asia through the acquisition of Korea First Bank. It has also been reported that Standard Chartered is competing with its
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HSBC Holdings , Europe's biggest bank, said on Wednesday it will open an insurance business in Taiwan as it aims to tap into the fourth-biggest insurance market in Asia.
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HSBC Holdings Plc, Europe&#39;s biggest bank by market value, and Standard Chartered Plc are vying for control of Korea First Bank after neither of the UK-based lenders could agree a price with Newbridge Capital Ltd.
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HSBC has agreed to buy a 10 percent stake of a leading Vietnamese insurance company, as the global banking giant continues its Asian expansion strategy.
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High-street bank HSBC said Thursday it plans to make its long-awaited entry into Japan&#39;s retail banking sector early next year with a nationwide network of branches targeting wealthy individuals.
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HSBC, the UK's largest bank, is targeted for a shake-up by a high-profile US group of activist investors.
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Global banking giant HSBC said Monday it had agreed to buy a majority stake in South Korea&#39;s Korea Exchange Bank from US private equity fund Lone Star for about 6.3 billion US dollars (4.6 billion euros) in cash.
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LONDON/SEOUL  - HSBC agreed to buy 51 percent of Korea Exchange Bank from private equity firm Lone Star for $6.3 billion, in a deal that could propel the UK-based bank into the top ranks of Asia's third-largest banking market.
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Carlyle Group, the US private equity fund, is in talks with the Hanjin Group over the purchase of some of the South Korean conglomerate&#39;s transport and logistics
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KeyCorp , a large Midwest U.S. bank, on Friday said it agreed to sell its Champion Mortgage subprime lending unit to Britain's HSBC Holdings Plc   and investment firm Fortress Investment Group LLC, so it can focus on consumer and business banking.
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HSBC agreed to buy 51 percent of  Korea Exchange Bank from private equity firm Lone Star for $6.3  billion, in a deal that could propel the UK-based bank into the  top ranks of Asia&#39;s third-largest banking market.
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U.S. and European banks including Citigroup Inc  and HSBC Holdings PLC  are considering selling off parts of their businesses as they prepare for tough times ahead, the Wall Street Journal reported.
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HSBC, the UK's largest bank, is backing a new $100m initiative to tackle global climate change.
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HSBC Holdings Plc, Europe&#39;s biggest bank by market value, and Standard Chartered Plc are vying for control of Korea First Bank after neither of the UK-based lenders could agree a price with its biggest shareholder.
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A trio of banks led by Royal Bank of  Scotland Group  plans to present a new, nearly all cash  bid for Dutch bank ABN AMRO Holding NV  as early as  Monday, according to two media reports on Sunday.