StanChart in advanced talks to sell HK consumer unit to Australia's Pepper - sources


- Standard Chartered is in advanced talks to sell its Hong Kong consumer finance business to finance firm Pepper Australia Pty Ltd in a deal that could fetch between $500 million (305 million pounds) to $700 million, people familiar with the deal said.


Citigroup seeks stay on Argentine debt order; government threatens penalties 22 Sep 2014

NEW YORK - Citigroup Inc plans to ask a U.S. judge to put on hold an order barring it from processing payments on $8.4 billion in bonds issued under Argentine law following the country's record 2002 default, court documents showed.


Barclays to invest $1.6 billion in green bonds by November 2015 22 Sep 2014

LONDON - Barclays will invest at least 1 billion pounds ($1.6 billion) by November next year in green bonds from issuers including the World Bank, the British bank said on Monday, more than trebling its investment in the sector.

Trader Mercuria gets on UK regulator list ahead of key purchase 22 Sep 2014

LONDON - Mercuria has become a rare trading house to be registered with the British financial regulator, weeks before it is expected to close a deal to buy Wall Street bank JPMorgan Chase & Co's commodities trading business.


Julius Baer eyes Coutts international arm, wary of bidding war 21 Sep 2014

GENEVA - Swiss private bank Julius Baer is interested in acquiring Coutts International, a unit of Royal Bank of Scotland , but will not get into a bidding war for the venerable British bank's overseas arm, a Swiss paper reported on Sunday.


U.S. court tosses Argentina, Citigroup appeal in bond case 19 Sep 2014

NEW YORK - A U.S. appeals court on Friday dismissed an appeal by Citigroup Inc and Argentina of a judge's order blocking the bank from processing payments on $8.4 billion (5.15 billion pound) in bonds issued under the country's local laws following its 2002 default.


Deutsche Bank underwrites SAP's acquisition financing - sources 19 Sep 2014

LONDON - Deutsche Bank has underwritten 7 billion euros (5.50 billion pounds) in loans to back German business software maker SAP's , $7.3 billion acquisition of US-based expense management software firm Concur Technologies , sources close to the deal said.


Lloyds keeps door open for move south despite Scottish 'no' vote 19 Sep 2014

LONDON - Scotland-based Lloyds Banking Group left the door open for a move to London amid uncertainty over the future shape of the United Kingdom despite Scottish voters' rejection of full independence.


RBS leads FTSE higher as Scots vote to stay with Britain 19 Sep 2014

LONDON - London equity indexes rose on Friday, led by Royal Bank of Scotland, after Scottish voters rejected independence, prompting a relief rally from investors who had been concerned the United Kingdom might break up.


China's central bank lends $81.4 billion to top banks - CCB chairman 19 Sep 2014

BEIJING - China's central bank has issued 500 billion yuan ($81.4 billion / 49.70 billion pounds) worth of three-month loans to the country's five biggest banks, state news agency Xinhua quoted China Construction Bank Chairman Wang Hongzhang as saying on Friday.