According to the Apple Daily, the Liu family owned Chong Hing Bank would be up for sale. The Hong Kong lending institution Chong Hing Bank Ltd share values reached a two year high after a reported signal from shareholders that the Liu family was ready to sell their interest.
Commercial banks
IPOs in Gulf Region Run High Expectations
DAMAC Properties would be listing publicly in the Dubai bourse amidst high interest for IPOs in the region.
Telefonica Deutschland to Sell Bonds
Telefonica Deutschland would be selling off Euro denominated bonds. The German subsidiary of Spain's largest phone company, Telefonica Deutschland Holding AG is now preparing to offer for sale of Euro denominated bonds as early as this month.
SinoPac To Sell 20% of Banking Unit to ICBC
ICBC would be the first Chinese bank to invest in a Taiwanese Bank, SinoPac. SinoPac Financial Holdings Co. Ltd of Taiwan would be selling off a 20% share of its banking unit.
Laiki Bank UK Exempt from Cyprus Bailout Levy
The transfer of funds exempted Laiki Bank UK from Cyprus Bailout. The United Kingdom branch of the Laiki Bank has evaded the so-called 'haircut' of depositors in the beleaguered Cypriot bank.
Latest News
Three major Chinese firms to issue yuan denominated debt instruments. Three major Chinese corporations are now in the process of selling bonds that are yuan denominated.
Lloyds ceilings for lending to manufacturers with discounted interest rates. Lloyds Bank topped its own estimate of GBP1 billion loans for UK manufacturers before September 2013.
In line with its acquisition spree, Qatar National Bank purchases stake in Egypt's National Societe Generale Bank.
The goal to boost capital base of Santander questions its ability to maintain its financial strength.
MTS and Vimpelcom joins the A1 versus VTB bidding war for Tele2 Russia. After the bid made by billionaire Mikhail Fridman's A1 Investment Group, new bidders have made offers to join Tele2 AB's Russian subsidiary.
Banker VTB has successfully acquired the Russian operations of Swedish telecoms operator Tele2 as it hopes for potential investors.
VTB Group Bank recently purchased the Russian subsidiary of Tele2. Tele2, the Nordic telecommunications company recently announced that it would be selling its Russian subsidiary to VTB Group bank.
Lehman Brothers, once Wall Street's larger banks, has announced its payout to creditors after its emergence from bankruptcy protection.
The China Banking Regulatory Commission issued guidelines on the proper handling of wealth management instruments.
