Mr. M.V. Nair, Chairman and Managing Director, Union Bank of India said that the bank has initiated talks for possible acquisition of a small sized bank in Indonesia and shortlisted a few banks there. Union Bank also plans to open a representative office in London in the near future.
Source: http://economictimes.indiatimes.com/news/news-by-industry/banking/finance/banking/Union-Bank-in-talks-with-Indonesian-banks-for-acquisition/articleshow/5506280.cms
UNION BANK IN TALKS WITH INDONESIAN BANKS FOR ACQUISITION
Labels: BANKING N FINANCE
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