HSBC Bank

ING Group, BNP Paribas and Bahrain-based Arab Banking Corp (ABC) have submitted bids to buy HSBC's Turkish business, a source familiar with the process said on May 29.

The source said the bids are non-binding, suggesting that the process could still take some time to complete, but that one-to-one talks have begun.

HSBC Holdings Plc could select a preferred bidder for its struggling Brazilian unit as early as next month, with the sale expected to be finalized by August, three sources with knowledge of the process said.

Ex-Finance Minister Giorgos Papaconstantinou will give evidence on Thursday in his trial for allegedly doctoring the Lagarde list of Greeks with deposits at the Geneva branch of HSBC with the aim of removing the names of his relatives.

Former Finance Minister Giorgos Papaconstantinou is expected to face a special court on Wednesday in Athens over charges of allegedly tampering with a list containing the names of more than 2,000 Greeks with cash deposits at a Geneva branch of HSBC in an effort to remove the names of three of his relatives.

Bank of Cyprus, a lender forced to use depositors' savings to recapitalise itself last year, is examining funding and capital options with advisers, it said on Friday.

Bank insiders, and a person familiar with the matter, said the bank was looking at a potential capital issue of between 500 and one billion euros, but the timing and the precise amount was still unclear.