| Financial Times reports that South African lender Standard Bank would considers selling its operations in Turkey and Argentina. Standard Banks group financial director, Simon Ridley, told the newspaper that Standard Bank would sell the businesses in the two countries if presented with suitable offers but the bank is not actively seeking to offload the businesses. Standard Bank acquired a 67% stake in brokerage firm Dundas Unlu, whose name was later changed to Standard Unlu, in 2007. One banker told Financial Times that Russias Sberbank may be interested in Standard Banks Turkey operations, but Ridley said that Standard Bank had received no enquires regarding its stake in Standard Unlu. Meanwhile, Standard Unlu issued a statement and dismissed the media reports. |
Related Articles
PKK leader Ocalan calls for ceasefire and withdrawal of militants from Turkey.
The jailed leader of the PKK, Abdullah Ocalan, called for a ceasefire on Thursday, ordering armed PKK militants to withdraw from Turkey. Hundreds of thousands of people gathered in the city of ... more
Syrian government says Turkey responsible for chemical attack.
The Syrian government said the rebel groups foreign supporters, Turkey and Qatar, were responsible for a chemical attack in Aleppo. The countries that back and support the rebels, including ... more
Erdogans comments on Zionism clouds US secretary of states Turkey visit.
US secretary of state John Kerry was in Ankara on Friday for talks with the Turkish leaders, including PM Recep Tayyip Erdogan and President Abdullah Gul, focused on the crisis in Syria, ... more