Acquisitions – Page 2 – Huddleston Jones

23 May 2018

Barclays is reportedly looking at a potential merger with Standard Chartered

Published by CNBC – 23rd May 2018

Barclays has spoken to its rival bank Standard Chartered about a potential merger but no formal or informal bid was made, the Financial Times reported on Wednesday, citing two unnamed sources.

27 April 2018

EFG Flags Return to Acquisitions

Swiss private bank EFG International opened a Pandora’s box with the acquisition of troubled BSI. After two years digesting the troubled Swiss private bank, EFG is returning to the acquisition trail.

17 April 2018

Bank Mandiri, Lombard Odier announces partnership

Published by The Jakarta Post – 17th April 2018

State-owned lender PT Bank Mandiri and Europe’s largest and oldest asset management company, Lombard Odier, announced a strategic partnership on Monday to attract more offshore funds.

17 April 2018

Bank of Singapore to double wealth management staff in Hong Kong to cater to China’s rich

Published by South China Morning Post – 17th April 2018

Bank also plans to set up family offices in major Chinese cities this year to help the wealthy with inheritance planning

Bank of Singapore, the private banking arm of Singapore’s second-biggest lender OCBC, plans to double its staff in Hong Kong as it eyes wealth management business from China’s growing number of millionaires and billionaires, according to the bank’s local head.

16 April 2018

ICBC Singapore unveils investment banking services

Published by Singapore Business Review – 16 April 2018

ICBC Singapore is venturing into the provision of investment banking services following accreditation as an issue manager from the Singapore Exchange Ltd, according to a press release.

16 April 2018

HSBC sets out new structure for private bank in Europe

Published by Reuters London – 16th April 2018

HSBCsaid on Monday it would create a single regional structure for its private bank in Europe which includes its businesses in the UK, Channel Islands, France, Germany, Switzerland and Luxembourg.

5 April 2018

Chinese Firm Wraps Up Liechtenstein Bank

Published by Finews Asia – 5th April 2018

A Chinese finance firm has wrapped up a deal to buy a private bank in Liechtenstein. It is the most recent of a spate of Chinese deals in Europe’s finance hubs. What is the attraction?

Hong Kong’s Mason Group has cemented its purchase of Raiffeisen Private Bank in Liechtenstein, the two banks said in a statement. The Vaduz-based private bank’s assets stood at more than one billion Swiss francs ($1.04 billion) in October, when the deal was first disclosed.

3 January 2018

GIC, Goldman’s Vintage Funds become biggest limited partners in 2 Vector Capital funds

Published by The Straits Times – 3rd Jan 2018

SINGAPORE – Singapore sovereign wealth fund, GIC, and Goldman Sachs’ Vintage Funds have emerged as the biggest limited partners in two of private equity firm Vector Capital’s funds following a US$450 million (S$598 million) restructuring.

27 December 2017