NBNK revises offer for 632 Lloyds Bank branches
British banking investment vehicle NBNK Investments Plc (LON:NBNK) said on Wednesday it had tabled a revised offer to buy the retail and commercial business Project Verde of Lloyds Banking Group…
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Standard Chartered interested in buying Barclays Indian arm
Standard Chartered Bank India, a unit of British Standard Chartered Plc (LON:STAN), is leading a race to buy some INR25bn (USD438m/EUR351m) worth of retail operations of rival Barclays Plc (LON:BARC)…
Spanish Banco Santander completes disposal of Columbian unit
Spain's Banco Santander SA (MCE:SAN) said on Monday it had concluded the second and final phase of the sale of its Colombian business to Chilean lender CorpBanca (SCL:CORPBANCA). In early…
Morgan Stanley unit invests in India’s Continuum Wind Energy
Morgan Stanley Infrastructure Partners, a unit of US investment banking major Morgan Stanley (NYSE:MS), has agreed to invest INR12bn (USD210m/EUR167m) in Continuum Wind Energy, acquiring a majority stake in the…
Private equity sponsor KKR agrees to acquire Prisma Capital
US private equity major KKR & Co LP (NYSE: KKR) said it had entered into an agreement to buy Prisma Capital Partners LP, an alternative investment manager focused on providing…
AXA Private Equity to seeks buyout stakes with $7bn fund
As financial firms and banks are seeking ways to exit their private equity investments, French insurer AXA SA's (EPA:AXA) investment unit has put together a USD7.1bn (EUR5.6bn) fund to take…
British bank Lloyds to dispose of Japanese GoLloyds unit
British lender Lloyds Banking Group Plc (LON:LLOY) announced on Tuesday it will dispose of its remittance operations in Japan, called GoLloyds, to local Shinsei Bank Ltd (TYO:8303) for a non-specified…
Find the Right Credit Card For You
The credit-card market is full of different offers and attractions to tempt in customers. And while it may seem simplest just to take the first card offered to you by…
Goldman Sachs to sell its hedge fund administration arm to State Street
Goldman Sachs Group Inc (NYSE:GS) is negotiating the sale of its hedge fund administration business to State Street Corp (NYSE:STT) and could strike an agreement by the end of June,…
Bailout for Spain’s banks lifts Asian shares
Spain's EUR100bn bailout package has lifted shares in Asia and resulted in a 1% gain for the euro against the US dollar and the Japanese yen. Stock markets in Japan…
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