UOB among 10 prospective Bank Permata bidders named by Indonesian ...
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JAKARTA: The Indonesian government has identified Singapore&#39;s United Overseas Bank as one of 10 prospective bidders for the sale of a 51% stake in PT Bank Permata.
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Banknorth Group Inc. solicited bids from several other large banks before deciding that a Canadian bank could acquire a majority stake in the company, chief
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Newspaper: electronic trading operator hires UBS to advise it on possible sale that could fetch $2B. NEW YORK  - Instinet Group Inc.
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The battle to form the world&#39;s biggest bank has intensified after Sumitomo Mitsui Financial Group tabled an offer to buy Japanese rival UFJ Holdings.
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Investment banks Morgan Stanley  and Lehman Brothers  are among the bidders for a stake in Japanese house builder Daito Trust Construction Co , sources familiar with the deal said, in what could stack up to be one of the biggest buyouts ever in Japan.
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The Asian Development Bank (ADB) said on Friday it had made available up to &#36;325 million in emergency lending for tsunami relief efforts in Indonesia, Sri Lanka and Maldives. The Manila-based lending institution said about &#36;175 million could be diverted from existing projects in the three countries, while up to &#36;150 million in new low-cost loans could be drawn.
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JAKARTA (Dow Jones)--A consortium led by Standard Chartered PLC (STAN.LN) has won the bidding for a 51% stake in PT Bank Permata (BNLI.
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The Dutch government&#39;s legal representative to the supreme court issued an opinion Tuesday potentially favorable to a bid by Barclays for ABN Amro -- a Dutch banking giant also courted by the Royal Bank of Scotland.
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A third potential suitor for Northern Rock is looking at the bank's books ahead of a possible offer, a report says.
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China&#39;s banking regulator said it will provide &quot;active consideration and prior approval&quot; for overseas banks wanting to buy stakes in lenders based in the country&#39;s northeast.
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Business & money: Consortium led by the Royal Bank of Scotland is today expected to make a Â£49bn hostile takeover bid for the Dutch bank ABN Amro.
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Comings and goings in the banking indurstry.
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By VAUGHAN, Gareth  AS MANY as 10 parties are expected to lodge indicative bids for Telecom's Yellow Pages directories business in time for today's deadline.   Australian telecommunications company Telstra and overseas private equity firms are set to feature.
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The Serbian government announced last week that Hungary's OTP Bank Rt, the French Societe Generale SA and Alpha Bank SA of Greece have submitted bids for an 88% stake in Jubanka a.d. Beograd.
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Sumitomo Mitsui Financial Group Inc.  8316.T laid out a $29 billion bid for UFJ Holdings 8307.T  on Tuesday, challenging a rival offer by Mitsubishi Tokyo  Financial Group 8306.T to form the world's biggest bank.
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Standard Chartered has won a controlling stake in Indonesia&#39;s seventh-largest bank with a bid of $305 million (170 million pounds), gaining
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JAKARTA - Police yesterday issued sketches of the 10 most-wanted suspects linked to last week&#39;s Australian Embassy bombing. The sketches, issued by Inspector-General Paiman, included those of Malaysian bomb