Entries tagged "HSBC Holdings"
The latest rumors and reports of layoffs are at HSBC and Wells Fargo.
More finance layoffs have been announced Friday at HSBC Holdings plc (NYSE:HSBC) and Nomura Holdings Inc. (NYSE:NMR) and two private equity fundraising firms.
Lone Star Funds may have finally run out of patience with the long-delayed sale of Korea Exchange Bank. A local Korean newspaper, The Korea Times, is reporting that the US buyout shop is considering suing the South Korean government if it drags its feet on approving the $6.3 billion sale of KEB to HSBC Holding plc past September....
After months of struggling to find just one investor, Lehman Brothers Inc. may now have two. Press reports say that not only has Korea Development Bank floated an offer of $5.3 billion for a 25% stake in the investment bank, but that a HSBC Holdings plc-led consortium may be preparing a bid as well....
