Business
Rate hikes drive Japan regional banks towards mergers to survive
The lenders are facing increased competition for deposits as an inexpensive funding source with interest rates rising, and new rivals such…
Tag
mergers
Business
India in talks to create bigger banks, including via mergers, finance minister says
India has 12 state-owned banks, which together hold assets totalling 171 trillion rupees (S$2.51 trillion) as of March India needs more…
Business
SIC proposes changes to takeovers and mergers code to protect competitive process, improve disclosures
The Securities Industry Council (SIC) on Monday (May 5) issued a consultation paper on amendments to Singapore’s Code on Take-overs and…
Business
Lagarde backs bank mergers as ECB prepares for UniCredit verdict
European Central Bank President Christine Lagarde reinforced her support for international banking tie-ups in the eurozone, saying they…