Acquisitions
Weekly Global News Wrap: State Street not buying Credit Suisse; Italy to expire bad loan scheme
Weekly Global News Wrap: State Street not buying Credit Suisse; Italy to expire bad loan scheme
And China gives the first nod to revive Ant IPO.
From Reuters:
Financial services and bank holding company State Street has denied reports that it is looking to buy Credit Suisse.
KASIKORNBANK’s stake buy of PT Bank Maspion unlikely to dent strength: Fitch
Thai banks are on an expansion spree overseas amidst weak chances domestically.
Thought Leadership Centre
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1. OCBC targets 100 senior leaders to be ICF ACC accredited by 2027 2. China CITIC Bank Int’l, Hang Seng Bank support offshore RMB repo reforms 3. GXS Bank rolls out money lock feature 4. HKMA study identifies AI and data analytics as key banking skills 5. Vietnam’s lenders bolstered by reforms and foreign direct investmentResource Center
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