China markets recover while credit crisis fear decline
China continues to get better as their credit crunch improves through central bank's efforts.
Commercial banks
US Banks See Loan Demand Drop, Fed Survey Says
US banks have observed a fresh decline in loan demand for industrial purposes and household demand for credit during the first quarter of the year, according to a Federal Reserve survey.
US Regulators Take Hold of Troubled Lender Republic First and Agree to Sell It to Fulton Bank
US regulators have taken hold of Republic First Bancorp and arranged to sell it to Fulton Bank...
HSBC Is Considering Selling Some Business Units in Germany to Focus on Asia as It Further Exits From Europe
HSBC is reportedly considering selling various business units in Germany...
Swiss Banking Giant UBS Intends to Broaden Business Footprint in the US
Swiss banking giant UBS intends to seek merger and acquisition opportunities in the United States in the years ahead...
Investors Led by Ex-Trump Official Invest $1 Billion to Troubled US Bank
Steven Mnuchin, the US Treasury Secretary under former president Donal...
Warren Buffett-Backed Capital One to Buy Discover Financial in $35 Billion Deal
Warren Buffett-backed Capital One is set to acquire US credit card iss...
Latest News
Valeant Finalizes Term Loan Tranches
Valeant's term loan has been finalized and the proceeds would be used to fund the acqusition of Bausch and Lomb.
UK Mutuals in Jeopardy due to New Rules Imposed
According to an IFR report, UK mutuals may not be able to survive the tough new regulations imposed by UK authorities.
First Omani Sukuk to be closed soon
Tilal Development Co would be issuing a sukuk whose proceeds would be used to pay off debts and expand the Muscat Grand Mall.
RZB to Acquire Volksbanken AG Assets
Raffeisen Zentralbank agrees to acquire loan assets from Volksbanken AG as part of the bailout plan.
Senegal to issue Eurobond
Senegal to issue Eurobond, one of the very first ones from Africa.
New Stock Exchange To Be Formed in Canada
The Royal Bank of Canada and other fund managers to open new exchange to avoid high frequency traders.
German Bund Falters in Light of Fed Reserve Pronouncements
Rampant speculation on Fed Reserve actions have caused German, Italian and Spanish bonds to decline.
Bank Regulators Studying Increasing Simple Leverage Ratio
Bank regulators are now considering increasing the simple leverage ratio to 6%.
Swiss banks' privacy under pressure from US and Europe
Banks from Switzerland are being pressured by European and United States governments to release private information.
