S.African rand firmer after Nedbank/HSBC news – Reuters

Posted under Business on Sunday, August 22nd, 2010 at 11:25 pm | Comments are off for this article


RTE.ie
S.African rand firmer after Nedbank/HSBC news
Reuters
JOHANNESBURG Aug 23 (Reuters) – South Africa's rand firmed slightly against the dollar in early Monday trade, supported by sentiment-boosting news of plans by HSBC to buy up to 70 percent of local lender Nedbank. HSBC (0005.HK) (HSBA.
Old Mutual Says HSBC Has Made Proposal to Buy Controlling Stake in NedbankBloomberg
Nedbank Says HSBC Represents An Attractive Banking PartnerWall Street Journal
HSBC nears £4bn deal for South Africa's NedbankTelegraph.co.uk
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