TAIPEI, Oct 27 - The Taiwan government said on Tuesday that it has auctioned the failed Chinfon Commercial Bank to Fubon Financial and three other local lenders, in the latest consolidation move in the fragmented...
South Africa-based Standard Bank Group Ltd, in which the Industrial and Commercial Bank of China<601398><1398> owns a 20% stake, last Friday said it has signed a five-year loan facility worth US$1 billion with four Chinese lenders repayable in a bullet capital single tranche at maturity, sources...
Bank of Nova Scotia, the third-largest bank in Canada by deposits and market capitalization, may raise its shareholding in Xi'an City Commercial Bank to 20% from the 1.3% that it holds now, a company executive said on Wednesday, sources reported.The Canadian lender will submit the plan to regulators for approval....
Taiwan Cooperative Bank, the island's second largest lender by assets, hopes to cooperate with mainland banks, said an unnamed official from the Taiwanese bank, the Apple Daily reported on Friday. The official said that Taiwan Cooperative Bank's potential partners are Industrial and Commercial Bank of China (ICBC)...
Germany struggled on Sunday to rescue lender Hypo Real Estate, underlining the challenge facing European leaders who vowed to restore stability to a banking system hit by the worst crisis since the 1930s.
* Taiwan dlr off 3-week closing high hit in previous session * Central bank steers Taiwan dollar towards weakening bias * Some wariness over domestic politics TAIPEI, Sept 2 - The Taiwan dollar fell on...
* Future investor interest hinges on "bad bank" discount * Irish banks among the cheapest in Europe * Post-crisis their franchise strength shld re-emerge DUBLIN, Aug 20 - A Canadian approach for a minority stake...
* Two banks would borrow from private, not public fund * Say 990 million euros required to complete merger MADRID, July 29 - Spanish banks Unicaja and Cajasur have told the Bank of Spain they...
TAIPEI, Feb 17 - Foreign banks invested billions of dollars into Chinese banks earlier in the decade, seeking not only good investment opportunities but also future strategic partners to tap a fast-growing market. But as...
TAIPEI, Oct 8 - Concerns over Taiwan's banking sector have sparked a wave of capital flight to state-owned banks from smaller, private ones, hindering government efforts to stabilise the sector, industry executives said on Wednesday....