HSBC Hasn't Submitted A Bid For RBS Asia Assets - Source
May 27 2009 - 5:49AM
Dow Jones News
HSBC Holdings PLC (HBC) hasn't submitted a bid for Royal Bank of
Scotland Group PLC (RBS) Asian assets, a person familiar with the
transaction said Wednesday.
HSBC and Standard Chartered PLC (STAN.LN) were both reported to
be interested in bidding for the assets that were put up for sale
in February as part of RBS's plan to dispose of non-core
activities.
Standard Chartered declined to comment.
The Australia and New Zealand Banking Group Ltd. (ANZ.AU) said
Wednesday it will raise up to A$2.85 billion to help fund a bid for
RBS Asian assets.
-By Ragnhild Kjetland; Dow Jones Newswires; +44 207 842 9268;
ragnhild.kjetland@dowjones.com
(Vladimir Guevarra contributed to this item.)
Australia And New Zealan... (ASX:ANZ)
Historical Stock Chart
From Jul 2024 to Aug 2024
Australia And New Zealan... (ASX:ANZ)
Historical Stock Chart
From Aug 2023 to Aug 2024