Tags: Wing Hang Bank

JP Mogran, HSBC and Merill Lynch offer bridge loan to Singapore's OCBC

Three banks have offered a bridge loan for the acquisition of Singapore's Overseas-Chinese Banking Corp Ltd. over Wing Hang Bank, reported Reuters citing sources familiar with the matter.


Singapore's OCBC makes binding offer for Hong Kong's Wing Hang Bank- sources

Citing sources, Bloomberg reported that Singaporean lender Oversea-Chinese Banking Corp or OCBC has submitted a binding offer for Hong Kong-based family-run lender Wing Hang Bank Ltd.

Anbang stake acquisition in China Merchants fuel rumors insurer has no more interest in Wing Hang- report

The $2.1 billion stake acquisition of Anbang Insurance Group in China Merchants Bank Co has added to the speculation that the insurer is no longer interested in acquiring Hong Kong-based Wing Hang Bank Ltd.

Anbang Insurance Group mulls bid for Hong Kong 's Wing Hang Bank- sources

Sources told Bloomberg that Beijing-based insurance firm Anbang Insurance Group was thinking of offering a bid for Hong Kong's Wing Hang Bank Ltd even though an Anbang press official said the company has no plans to purchase the lender.


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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.
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