Thais won't practise safe banking Sistema: The power behind the phone Ukraine creditors await election result
Selling a bank in eastern Europe has so far been a pretty mundane affair. First clean up the bank's bad debts, then sell it to a foreign investor for an inflated price. In the past, this has worked well, especially with western banks practically falling over themselves to get a foothold in the region. But now the Czechs have come up with a novel way to sell their second largest banking group, Ceska Sporitelna. The Czech government has asked potential suitors of the bank to submit two bids...
