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September 22, 2005

Daily Tid-bits

* Indian ATM networks still balkanized (who belongs to which).
* CCB IPO approved by HKEx in shocker. No luck for CSFB's last-minute play for joint lead.
* Combined MUFG to tie-up with Norinchukin Bank in consumer finance; as previously discussed will merge UFJ Card and Nippon Shinpan Co (Nicos: 8583.JP) into new UFJ Nicos unit. (Original merger release)
* LG Card delinquency ratio falls to 9.55% in Aug.

Posted by The Banker at September 22, 2005 06:57 PM

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