UK&#39;s HSBC eyes Federated&#39;s card operations -report
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British bank HSBC (HSBA.L: Quote, Profile, Research) is interested in buying the $3 billion store and credit card operations of US retailer Federated Department Stores Inc.
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HSBC Holdings , Europe&#39;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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British-based banking giant HSBC Holdings is to team up with Shanxi Trust and Investment Corp to form a joint venture fund management company in China, HSBC announced.
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Korea First Bank, South Koreaâs eighth-largest lender, said it would make an announcement on Friday regarding a stake sale, with global banking giant HSBC Holdings Ltd.
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SEOUL: Global banking giant HSBC has agreed to buy Korea First Bank in a deal which will put the British bank in competition with its US rival Citigroup in the world&#39;s 11th largest economy, a source said yesterday.
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The UK's banks should reveal their exposure to the US sub-prime sector, the financial watchdog says.
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HSBC's  private banking business has been little hit by the ongoing credit crisis, the head of the bank's private banking business, Chris Meares, told a Swiss newspaper.
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The head of French bank Societe Generale  has hired investment banks to advise on the possibility of a merger with larger domestic rival BNP Paribas , Les Echos newspaper reported on Friday.
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HM Revenue and Customs (HMRC) is to press private banks to hand over details of their offshore accounts.
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HSBC Holdings Plc has contacted Lone Star about buying Korea Exchange Bank (KEB) from the U.S. private equity fund, the UK's Daily Telegraph reported on Tuesday.
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Aug. 18 (Bloomberg) -- Citigroup Inc., the world&#39;s biggest bank, is being investigated by the UK market regulator over ``unusual trading activity&#39;&#39; in European government bonds earlier this month.
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British bank Barclays Plc  has held merger talks with U.S. bank Wells Fargo  that could create a financial giant worth about &#36;180 billion, Britain's Sunday Express newspaper reported.
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Aug. 18 (Bloomberg) -- Barclays Plc, the UK&#39;s third- biggest bank, agreed to buy Juniper Financial Corp. from Canadian Imperial Bank of Commerce for $293 million in cash to expand into the world&#39;s biggest credit card market.
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SEOUL: HSBC Holdings is expected to be named the preferred bidder to buy South Korea&#39;s eighth-largest lender Korea First Bank, a source at the Korean bank familiar with the deal said yesterday.
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Home Secretary John Reid is to publish detailed plans for the controversial national identity card scheme.
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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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BERLIN, Aug 19  - Germany&#39;s financial watchdog said on Thursday it was looking into recent trading by US financial services group Citigroup (CN: Quote, Profile, Research) in European government bond and derivative markets, but had not started a ...