Filed under Banking, M&A

HSBC may be pursuing bid for Northern Trust

Posted Aug. 16, 2010 at 7:05 a.m.

HSBC is in focus after the Telegraph reported on renewed speculation that the bank is preparing a $15 billion bid for Chicago-based Northern Trust. Sources said the UK bank asked Goldman Sachs to advise it on a possible $65-a-share offer.

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JPMorgan Chase

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Northern Trust

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2 comments:

  1. jack mahoney Aug. 16, 2010 at 5:04 pm

    Bob, I thought this would be of interest to both of us. jack. miss you. need help most of the time.

  2. bob keeley Aug. 16, 2010 at 7:42 pm

    bob, I thought that this is of interest to both of us. jack