Lloyds' TSB business had received early approaches from private equity firms, according to a report by City A.M.
Finance/Venture
South Korea gets first round bids for two regional banks
The South Korean government said it received preliminary offers for two regional banks from Woori Finance Holdings.
Forex service orovider OzForex sets to raise AUD440 million in IPO
In a prospectus made public on Monday, Australian foreign exchange services provider OzForex Group would be raising AUD440 million or USD413.03 million in its initial public offering October 11th.
Refinancing plan to cut AquaSure's borrowing costs- source
AquaSure's planned refinance was slated to cut its borrowing costs by more than half, according to a source interviewed by Bloomberg.
Andrew Bates is head of Nedbank Group's Middle East private banking unit
The Nedbank Group appointed Andrew Bates as head of its Middle East private banking unit. Andrew Bates was appointed as head of Nedbank Group's Middle East private banking unit.
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Pelaburan Mara announced plans to invest in a soon-to-be-launched Shariah-compliant fund together with the Al-Rajhi Group of Saudi Arabia.
Farmer Mac has continued to pitch itself to potential investors even as analysts continue to warn of a fall in farmland prices in 2014.
A Bloomberg report showed how gifts to institutions of higher learning in the US had rebounded this year.
JP Morgan Chase & Co. was mandated to pay USD389 million in penalties and restitution after the bank was alleged in unfairly charging its customers for credit monitoring programs.
A research conducted by Savills Plc ranked Singapore as the best value city for foreign investment.
The opening of trading at the Hong Kong Exchanges and Clearing Ltd. were delayed due to Typhoon Usagi and would resume trading in the afternoon.
New Treasuries demand showed a solid improvement following the retreat of Wall Street dealers and rising yields.
According to Philippine Central Bank Governor Diwa Guinigundo, the country had been prepared for the eventual stimulus reduction by the US Federal Reserve.
Hong Kong's Wing Hang Bank Ltd. and Chong Hing Bank Ltd. might go on sale after valuations approached levels that were last seen during the 2008 global financial crisis.
