Affin Holdings in talks for Hwang-DBS asset buy
Affin Holdings Bhd (AHB) was picked over its biggest competitor, AMMB Holdings Bhd (AMMB), to start talks in purchasing most of Hwang-DBS Malaysia Bhd's investment banking assets.
Commercial banks
US Regulators Take Hold of Troubled Lender Republic First and Agree to Sell It to Fulton Bank
US regulators have taken hold of Republic First Bancorp and arranged to sell it to Fulton Bank.
HSBC Is Considering Selling Some Business Units in Germany to Focus on Asia as It Further Exits From Europe
HSBC is reportedly considering selling various business units in Germany...
Swiss Banking Giant UBS Intends to Broaden Business Footprint in the US
Swiss banking giant UBS intends to seek merger and acquisition opportunities in the United States in the years ahead...
Investors Led by Ex-Trump Official Invest $1 Billion to Troubled US Bank
Steven Mnuchin, the US Treasury Secretary under former president Donald Trump, has invested in a troubled regional US bank...
Warren Buffett-Backed Capital One to Buy Discover Financial in $35 Billion Deal
Warren Buffett-backed Capital One is set to acquire US credit card iss...
Citigroup to Close Down Global Distressed-Debt Business: Here's What to Know
Citigroup Inc. is reportedly closing its global distressed-debt group ...
Latest News
Afghanistan gov't looking to privatize Kabul Bank - report
The government of Afghanistan would be looking for favorable bidders for the privatization of the New Kabul Bank.
RHB Bank to appoint Khairussaleh Ramli as deputy CEO- sources
Sources told Reuters that RHB Bank of Malaysia would poach Maybank's Indonesian unit head Khairussaleh Ramli and appoint him as RHB's new Deputy CEO.
Termsheet reveals Bank of America sells USD 1.5 billion stake in China Construction Bank Corp
A term sheet seen by Reuters revealed that Bank of America Corp would exit from China Construction Bank Corp by selling shares worth USD 1.5 billion.
Al Baraka plans Islamic bond issuance of over USD 200 million
Al Baraka Turk bared its plans to issue more than USD 200 million in Islamic bonds late this year or early next year.
RBC Capital Markets appoints Kriskey for its commodity investor sales
Kathy Kriskey is RBC Capital Market's new head of commodity investor sales.
OTP Bank prepares offer for state owned shares in Takarekbank
OTP Bank had prepared to purchase the shares owned by the Hungarian Post Office and the Hungarian development bank.
Bidders for EVO Banco identified by news report
The leading firms in the bidding consortiums for EVO Banco have been reported by the Financial Times.
Large international banks increase capital by USD 500 billion from 2009- Carney
Mark Carney, Chairman of the Financial Stability Board, said banks had infused fresh capital amount to half a trillion dollars since 2009.
Central Bank of Malaysia says no to sukuk issuance proposal for Bank Islam acquisition
The Central Bank of Malaysia said no to the proposal of BIMB Holdings to issue Islamic bonds to fund its purchase of Bank Islam.
