SUBSCRIBERS
Nomura, UOB said to weigh offers for Barclays unit
Published Fri, Mar 4, 2016 · 09:50 PM
Singapore
NOMURA Holdings Inc and United Overseas Bank Ltd (UOB) are among the banks considering bids for Barclays plc's Singapore and Hong Kong private-wealth business, according to people familiar with the matter.
Second-round bids for the British lender's unit are due by the middle of this month, after interested firms submitted non-binding bids earlier this year, the people said, asking not to be named as the process is private.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Porsche posts Q1 profit drop on ramp-up costs
IBM plots US$730 million expansion of Canadian semiconductor site
Seatrium unit to fully redeem S$500 million worth of floating-rate bonds early
Yeo Guat Kwang, John Chen retiring from corporate boards
US: Wall St opens higher
Air China orders homegrown C919s in challenge to jet duopoly