ANZ has agreed its second large acquisition in as many months after striking a deal to acquire ING’s 51 per cent stake in their wealth management and life insurance joint venture in Australia and New Zealand for A$1.76bn (US$1.5bn).Fresh from agreei
LONDON - Britain's state-controlled Royal Bank of Scotland said on Tuesday that it will sell part of its Asian operations to Australia and New Zealand Banking Group for 418 million dollars . RBS today announces that it has entered into a sale agree
LONDON - Royal Bank of Scotland announced Tuesday that it entered a deal to sell part of its banking operations in Asia to the Australia and New Zealand Banking Group for 418 million dollars . RBS said in a statement that the sale to ANZ involved i
Australia's ANZ on Tuesday agreed to buy part of Royal Bank of Scotland's Asian banking assets for $550m in a deal which would bolster its strategy to become a “super-regional” lender.The Australian bank said it would buy RBS’s retail, wealth and co
Standard Chartered and Australia’s ANZ are close to buying part of RBS’s Asian banking assets in a deal that could be announced as early as next week.RBS, which reports first-half results on Friday, has been trying to sell retail assets that include
Sir Rod Eddington, former British Airways chief and a special adviser to Australian prime minister Kevin Rudd, will not take up the role of ANZ chairman after encountering resistance from leading institutional shareholders.Sir Rod, who this year suf
ANZ on Thursday said it had raised a larger-than-expected A$2.2bn ($1.72bn) by selling shares to existing retail shareholders, fuelling hopes that the Australian lender could be close to finalising the acquisition of several of Royal Bank of Scotlan
Standard Chartered and Australia’s ANZ are in advanced talks to acquire separate parts of the Asian retail and commercial assets being sold by Royal Bank of Scotland, according to people familiar with the matter.Standard Chartered is now in pole pos
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