NAB, JP Morgan mull HBOS breakup: report
Speculation over the sale of BankWest by its UK parent has ramped up with National Australia Bank Ltd reportedly in talks with JP Morgan and others over forming a consortium to break up HBOS.
Without citing any sources, the UK's Daily Telegraph reported that JP Morgan is understood to have held talks with an Australian bank, thought to be NAB, and has approached private equity firms in relation to a bid.
I'd like to register please
8 free articles per month + business email alerts twice daily
us on +61 8 9288 2100 during WST office hours