Lloyds to pick branch buyer next month
A PREFERRED bidder for the 630 branches being sold by Lloyds Banking Group could be identified as early as next month as chief executive Antonio Horta-Osorio cranks up the pac
Source: The Scotsman: Business
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Reader's Digest scouts for buyers - Reports
Reader's Digest, which emerged from bankruptcy protection in early 2010, has hired financial advisers to scout for potential buyers.
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Bidders cautious over sale of Lloyds branches
Lloyds Banking Group is understood to have received just a few first-round indicative bids for the branches ahead of last week's deadline, with several players backing off or delaying bids due to the...
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Nine banks get three months to raise €3bn
EUROPEAN BANKS STRESS TEST:NINE EUROPEAN Union banks have been given three months to raise nearly €3 billion in capital, while up to seven more will have to raise more within nine months, following...
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ASB to open new branch in Mount Maunganui
ASB customers in Mount Maunganui will soon benefit from the latest in branch banking technology with the opening of a new branch at 143 Maunganui Road next month.
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OAB inks pact to finance buyers of 'Rimal' apartments at Bausher
MUSCAT: Oman Arab Bank Oman Arab Bank ( OAB OAB ) recently tied up with AQAR (Al Khonji Real Estate and Development) for 'Rimal' project to finance end users through OAB OAB 's Al Dar housing loan.
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Banks jobs massacre as Lloyds and HSBC announce stagering 15,700 job cuts
THE British banking sector suffered a further blow today as High Street lenders Lloyds Banking Group and HSBC announced 15,700 jobs are to go.
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QC: Harnarine paid himself $85,000 a month
The extravagant spending of former CL Financial chairman Lawrence Duprey and that of Hindu Credit Union’s president Harry Harnarine at the expense of their policyholders and depositors was sharply...