Tag Archive: negotiations
Treasury concessions on dividend payments expected
Reports in the media suggest that the Treasury will reduce the length of time that shareholders of bailed-out banks are starved of dividends. The Government’s £37 billion rescue plan, which involves the part nationalisation of Royal Bank of Scotland (RBS) … Read more
HSBC withdraws from Korea Exchange Bank acquisition
HSBC has withdrawn from its proposed £3.3 billion acquisition of a majority stake in Korea Exchange Bank (KEB). Europe’s largest bank began its negotiations to purchase 51% of KEB from US private equity firm, Lone Star, last autumn. The proposed … Read more