Shares of Chinese regional lender Shengjing Bank Co. surged as much as 23% in Hong Kong trading on Monday, after its state-backed shareholder said it will raise an offer to take the bank private. The ...

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State-backed Shenyang Shengjing Financial Holding Investment Group sweetened its privatization offer for Chinese regional lender Shengjing Bank Co. in a bid to win shareholder backing for the deal.

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IBN's impressive revenue growth from $613m to $5665m is more than ninefold in the last 5 years. The recent RBI rate cut will have a positive impact on the bank's balance sheet. The report shows us ...

Citizens Financial Group announced in February that it had hired two ex-JPMorgan Chase executives, Michael Cherny and Tom Metzger, to lead its fledgling private bank. Citizens Financial Group's ...

IN ROMANIA, bank privatization and foreign involvement go hand in hand. Société Générale’s purchase of 51% of Romanian Development Bank (BRD) in 1999 was the first milestone. After Austria’s Erste ...

JPMorgan Chase is earmarking another $50 billion for its direct lending efforts. Kena Betancur -VIEWpress/Getty Images These alliances come at a time when the appetite for private credit is growing.