HSBC interested in KEB, contacted Lone Star: paper
477844
HSBC Holdings Plc  has contacted  Lone Star  about buying Korea Exchange Bank (KEB)  (004940.KS) from the U.S. private equity fund, the U.K.&#39;s Daily  Telegraph reported on Tuesday.
532802
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.
395202
SYDNEY: Commonwealth Bank of Australia Ltd. said yesterday it was in advanced talks to buy a strategic stake in China&#39;s Jinan City Commercial Bank, based in Shandong Province.
586470
U.S. buyout fund Lone Star is close to terminating its $7.3 billion deal to sell Korea Exchange Bank  to Kookmin Bank , as a prosecutor investigation made the sale nearly impossible, the Financial Times reported on Wednesday.
379387
Private equity house Lone Star sold a  larger-than-expected 13.6 percent stake in lender Korea  Exchange Bank, raising $1.28 billion, a source said, as the  U.S. firm begins to exit an investment burdened by legal  challenges.
615237
HSBC Holdings, Europeâs biggest bank, agreed to buy a 51 percent stake in Korea Exchange Bank for $6.3 billion as it attempts to bolster its presence in the fast-growing Asian market. The purchase of the stake from the United States private equity group Lone Star Funds would allow Lone Star, based in Dallas, to exit a controversial investment. HSBC, based in London, said that it did not intend to make an offer for the remainder of the Korean bankâs shares and that the bank would remain listed on the Korea Exchange. The acquisition would catapult HSBC past its foreign rivals Standard Chartered and Citigroup. Both have bested HSBC in the past in purchasing local banks during the post-Asian crisis turmoil. A local court in South Korea has been investigating allegations that Lone Star manipulated the stock price of the Korean bankâs credit card unit in 2003 so that the bank could take it over at a lower price.
202712
Outgunned in the bidding war for a leading South Korean bank, HSBC may be preparing to line up an even bigger target for acquisition, Korea Exchange Bank.
720728
U.S. private equity fund Lone Star   is in talks with several strategic investors to sell  Korea Exchange Bank (KEB) (004940.KS), Lone Star chairman John  Grayken said in an interview with a local newspaper on Monday.
71268
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.
427993
HSBC's agreement to buy a majority stake in Korea Exchange Bank (KEB)  is putting the South Korean banking sector under even more pressure to consolidate, amid growing prospects of privatization and sales.
129882
SEOUL/LONDON  - HSBC  has agreed to buy a 51 percent stake in Korea Exchange Bank (KEB)  from U.S. private equity firm Lone Star for about $6.3 billion in cash to boost its profile in Asia's third-largest banking market.
517826
U.S. buyout fund Lone Star is close to terminating its $7.3 billion deal to sell Korea Exchange Bank (KEB) to Kookmin Bank  because of a prosecutors' investigation, the Financial Times reported on Wednesday.
758054
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.
36873
U.S. investment firm Lone Star   has stopped talks with Singapore&#39;s DBS Group Holdings Ltd.   to sell Korea Exchange Bank (KEB), Yonhap news quoted  Lone Star&#39;s chairman as saying on Sunday.
731209
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.
507271
HSBC Holdings, the European bank, said it would buy part of an office tower in Shanghai to house its China headquarters as it speeds up expansion in China. HSBC agreed to buy naming rights and occupy 20 floors of one of the twin towers of the Shanghai International Finance Center, to be completed by 2010, from Sun Hung Kai Properties, HSBC said in a statement to the Hong Kong Stock Exchange. The tower, a few blocks from the bankâs current headquarters, would be renamed HSBC Building-Shanghai IFC. Stephen K. Green, the chairman of HSBC, disclosed the deal at a news conference in Shanghai, but he declined to say how much the bank had agreed to pay.
69921
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.