Foreign news: Deutsche considers Chinese bank sale, Standard Chartered may exit Oman, Yes Bank plans 27 April 2015 3:34PM Banking Day staff Foreign news, Deutsche Bank received at least one offer from a Chinese financial institution to buy the German bank's 20 per cent stake in Hua Xia Bank, Reuters reports. Deutsche is considering selling the Chinese bank stake, valued at about US$4.8 billion. Standard Chartered is looking to sell its retail banking business in Oman and has shelved a plan to close its Islamic retail business in the Gulf nation of Bahrain, Bloomberg reports. The sale in Oman, where it has three branches and employs about 100 people, may be offered to local banks. India's Yes Bank is gearing up to be listed on the US stock exchange, The Times of India reports. The bank plans to raise up to US$1 billion by way of American Depository Receipts or through a Qualified Institutional Placement. Yes Bank's share price rose seven per cent on the Bombay Stock Exchange late last week after the news.