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HSBC says its Middle East unit has agreed to buy UAE based assets worth $US769 million that belonged to its part-nationalised rival Lloyds Banking Group. “HSBC Bank Middle East has entered into an agreement to acquire the onshore retail and commercial banking business of Lloyds Banking Group in the United Arab Emirates, ” the lender said in a statement. “The value of the gross assets being acquired is $769 million ($A743 million) as at 31 December 2011. The transaction, which is subject to regulatory approvals, is expected to complete in…
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Thinking about purchasing a car for an SUV? Finding the best auto loan rates is a lot easier than it used to be. In years past, when buying a car you used to go to your local bank or local credit union to check on auto loan rates and apply for a loan. Another option was to obtain financing from the car dealer you are buying the vehicle from though dealer financing usually is higher unless the dealer is offering a promotional rate. Going to a local financial institution or getting dealer financing is still an option these days but you should also search online for the…