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Sunday, November 8, 
5:55 am

International Bank Watch: DBS, Standard Chartered interested in AIG asset

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International markets were up Monday. Japan's Nikkei 225 Average was up 183.56 points at 9043.12 while the FTSEurofirst 300 was up 17.40 points at 4579.19.

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UBS stock dropped and Credit Suisse Group shares rose after the two banks announced the sale of almost $1.3 billion of assets. Meanwhile, HSBC Holdings plc was down even as it announced plans to open a new branch in Vietnam. Standard Chartered plc was up. Reports are that Standard Chartered plc and  DBS Group Holdings Ltd. are each interested in buying AIG Wealth Management Services Ltd. in Taiwan. - Maria Woehr

Troubled International Banks
Prices at 11:00 am EDT
Name Open Price at
11:30am
Change Mkt cap
UBS 14.74 14.26 -0.45 40.46B
Barclays plc 161.4 161.30 4.30 13.50B
BNP Paribas SA 33.19 31.99 -0.71 28.62B
Deutsche Bank AG
38.92 39.65 -1.43 21.63B
Royal Bank of Scotland Group plc 14.92 15.18 -0.70 29.94B
Royal Bank of Canada 36.9 36.85 -0.10 49.34B
HSBC Holdings plc 685 675.00 -7.00 81.71B
Lloyds TSB Group plc
133 125.50 -4.50 10.85B
Standard Chartered plc 895 915.00 45.50 17.34B
Toronto-Dominion Bank 44.4 44.46 0.37 3762B
Mitsubishi UFJ Financial Group Inc. 6.25 6.29 -0.01 72.76B
Source: The Deal




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