Raiffeisen

Tan in talks to sell ARMS stake to repay Standard Chartered

Indonesian businessman Samin Tan is in talks to sell assets including all or part of his stake in Asia Resource Minerals (ARMS) to help repay Standard Chartered and Raiffeisen close to $1 billion.

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Austria’s second biggest lender announces ‘massive’ cost-cutting plan

Raiffeisen Bank International explores cost-cutting measures to raise Eur 1.8 billion.

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