The deal will close by mid-2025, contingent on conditions such as approval from National Financial Regulatory Administration.

Vietnam Prosperity Joint Stock Commercial Bank (VPBank) said the central bank has directed it to take over weaker lender ...

Vietnam's central bank directed two leading commercial banks to take over underperforming rivals on Friday, as part of a drive to restructure the banking system and tackle bad debt that it said was ...

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In mid-October last year, the SBV announced the compulsory transfer of Construction Bank (CBBank) to Joint Stock Commercial ...

A central Iowa college professor is suing Wells Fargo and other banks, alleging their lack of due diligence resulted in him losing more than $700,000 in a cryptocurrency scam. Attorneys for Joseph ...

HANOI (Reuters): Vietnam's central bank directed two leading commercial banks to take over underperforming rivals on Friday, as part of a drive to restructure the banking system and tackle bad ...

Vietnam's central bank orchestrated the takeover of underperforming banks by top lenders VPBank and HDBank, as part of a ...

The State Bank of Vietnam has completed the mandatory transfer of CB Bank, MBV, GPBank, and DongA Bank to leading commercial ...

HANOI (Reuters) -- Vietnam Prosperity Joint Stock Commercial Bank (VPBank) said the central bank has directed it to take over weaker lender Global Petro Sole Member Limited Commercial Bank (GPBank) as ...