- 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.
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.
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.
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.
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.
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.
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.
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.
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.
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.