Citigroup to cut stake in HDFC in $260-300 mn deal
Citigroup is likely to reduce its stake in Housing Development Finance Corporation (HDFC) to below 10 per cent, according to three people familiar with the development.
Source: rediff.com
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KB Financial Treasury Stake Sale Priced At KRW51,800 Per Share
KB Financial Treasury Stake Sale Priced At KRW51,800 Per Share
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Temasek trims stakes in Chinese banks
SINGAPORE state investment firm Temasek Holdings has sold part of its stakes in two of China's biggest banks for a total of US$3.62 billion (S$4.45 billion). Temasek offloaded some of its Hong Kong-listed...
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Temasek raises $3.6 billion from sale of China banks' stakes
HONG KONG/SINGAPORE (Reuters) - Singapore's Temasek sold stakes in two of China's biggest banks on Wednesday to raise $3.6 billion, in a move likely aimed at reducing the sovereign investor's big exposure...
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Ex-Bukit Merah owner takes RM1b Lynas stake
By Shannon Teoh, The Malaysian Insider KUALA LUMPUR, July 5 — Japan’s Mitsubishi UFJ Financial Group, part of the same group of companies which owned the Asian Rare Earth (ARE) plant in Bukit Merah,...
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'Khazanah may agree if price for CIMB stake is right'
KUALA LUMPUR: If the price is right, Khazanah Holdings Bhd may just say "yes" to RHB Capital Bhd's (RHBCap) offer for the former's stake in CIMB Bank, banking analysts said yesterday.
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Gazprom: To Lower Stake In Gazprombank To 25% Within Year
MOSCOW -(Dow Jones)- Russian gas firm OAO Gazprom (GAZP.RS) plans within the coming year to lower its stake in its lending unit Gazprombank (GZPR.RS) to 25% plus one share from 41.7%, as part of a drive...
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Former Citigroup VP Accused of Embezzling $19 Million
NEW YORK-A former vice president at banking giant Citigroup Inc. was accused on Monday of embezzling $19 million by diverting payments to his personal bank account, according to federal prosecutors.
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Prosecuting Wall Street, pt 2 (blowing the whistle on Citigroup)
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Jessica Fashano Death: Friends of Citigroup Analyst Jessica Fashano Shocked
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News Update: Citigroup Opens Asia Desks In Emerging Markets To Deal With Increasing Globalization
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News Update: Citigroup Said It Has No Plans To Seek A Listing On Shanghai's International Board