| | [No title] (Site not responding. Last check: 2007-11-07) |
 | | Deutsche and another European financial firm are expected to sign an agreement with Huaxia (600015.SS: Quote, Profile, Research) -- the second-smallest of five domestically listed lenders -- this month or in October after almost a year of negotiation, a senior Beijing-based Huaxia executive told Reuters. |
 | | Huaxia had been struggling to raise cash alongside domestic rivals, all of which are bracing for increased competition after Beijing opens the market wider to foreign players in late 2006. |
 | | UBS (UBSN.VX: Quote, Profile, Research) is the sole financial advisor on the deal for Huaxia, both sources said, adding that senior banking regulators had expressed support. |
| today.reuters.com /business/newsArticle.aspx?type=bankingFinancial&storyID=nSHA111739 (658 words) |