sale

Bank of Cyprus to divest UK unit for £103m

Bank of Cyprus Holdings has signed a binding agreement to sell its fully owned UK subsidiary for £103m to Cynergy…

JPMorgan to sell minority stake in Saudi Investment Bank for $203m

JPMorgan International Finance, a subsidiary of JPMorgan Chase, is set to divest a minority stake in Saudi Investment Bank in…

Sberbank sells stake in Turkish unit Denizbank for $3.2bn

Russia’s Sberbank has signed a definite agreement to divest its full 99.85% stake in Turkey’s Denizbank to Dubai-based lender Emirates…

ANZ to sell 55% stake in Cambodian JV ANZ Royal Bank

Australia and New Zealand Banking Group (ANZ) has signed an agreement to divest its 55% stake in Cambodian JV ANZ…

HNA further reduces stake in Deutsche Bank

Chinese conglomerate HNA Group has further reduced its interest in the German banking firm Deutsche Bank from 8.8% to 7.9%…