KBC Groep NV, Belgium’s biggest bank and insurer by market value, is seeking offers of about 2.5 billion euros ($ 3.6 billion) for its stake in Poland’s Kredyt Bank SA and insurance unit Warta SA, two people with knowledge of the matter said.
BusinessWeek.com — Finance
HSBC Holdings Plc is seeking clarification of an order by Qatar’s central bank requiring non- Islamic lenders in the nation to end services that comply with Shariah law.
BusinessWeek.com — Finance
HSBC Holdings Plc is seeking clarification of an order by Qatar’s central bank requiring non- Islamic lenders in the nation to end services that comply with Shariah law.
BusinessWeek.com — Finance
Peru’s central bank said reserve requirements for domestic lenders will apply to their overseas units starting today as it seeks to stem short-term capital inflows from increasing volatility in the sol.
BusinessWeek.com — Finance
Whither Japan’s bond yields? According to Mitsubishi UFJ Financial Group Inc., they may hold near current levels through the end of the fiscal year. Or they may plunge back toward a seven-year low, depending on whom you ask at Japan’s biggest publicly traded bank.
BusinessWeek.com — Finance