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HSBC First In Vietnam To Raise Stake In Local Bank To 20 Percent

HSBC will become the first foreign bank in Vietnam to hold a 20% interest in a domestic bank as it increases its stake in Vietnam Technological and Commercial Joint Stock Bank from 14.4% to 20% for a total consideration of VND1,272 billion (approxima ...

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Mandate Watch

19 Dec 2008
  • Provider: State Street Corporation
  • Client: WVU Foundation
  • Asset Value: $650 million

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