Chinese banks have little interest in investing in western banks since they hold doubts about the financial health of western banks, said Guo Shuqing, chairman of China Construction Bank Corp (CCB)<601939><0939>, the world's second largest lender by market value, the Financial Times reported on Tuesday....
ALMATY, Sept 18 - Kazakhstan, battered by the global credit crisis, may face more tough times ahead as financial volatility continues to pile pressure on the economy, Western banks closely watching the country said on...
-- Margaret Doyle is a Reuters columnist. The opinions expressed are her own -- LONDON, April 30, - It's tough on Ukraine, but European banks should pull out. It may not be the only Eastern...
* ING may be tempted to offload KB Financial * BNP, Goldman may take more time until shares recover (For more Reuters DEALTALKs, click [DEALTALK/]) SEOUL, March 30 - Western banks may be tempted to...
SINGAPORE/TOKYO, Sept 16 - Growth-hungry Asian banks have largely dodged the huge credit losses that pushed Lehman Brothers to bankruptcy, but will be wary about trading precious capital to buy into ailing Western banks. As...
Using Western Union or bank transfer depends alot on your relationship with your supplier.
* EBRD says EUR 1.7 bln CEE exposure figure "nonsensical" * Short-term financing needs much, much smaller * Capital flows to region still seen growing * Bank group says situation in some states not as...
Bank of New York Mellon's joint venture with China's Western Securities Co Ltd is still in the process of the Chinese regulatory approval, said Robert P. Kelly, chief executive of the U.S.-based bank, on Tuesday, the Shanghai Securities News reported.We have reached the final stage of the approval process and...
* Some private banks selling at bottom of the market * Prices seen at 1-2 percent of assets under management * Asian client assets seen more appealing * Western undeclared assets selling for free ZURICH,...
ASTANA, Sept 1 - Kazakh President Nursultan Nazarbayev warned banks in the Central Asian state on Tuesday against returning to lavish pre-crisis borrowing and bonuses. "(Western) banks which have recovered are repeating their own mistakes...