Merchant banks

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 issuer Discover Financial Services in an all-stock deal valued at $35.3 billion.


Sebi upgrading surveillance for CommExes

India's securities market regulator Sebi is upgrading and strengthening its surveillance system on commodity exchanges (CommExes). Recently, Sebi has barred 16 commodity trading members from trading f..

Wall Street gains prop up stocks in Asia, Australia

Encouraging gains on Wall Street were propelling up stocks in Asia and Australia. Barring Hang Kong and Japan, all the major market benchmark indices in Asia and Australia, rose...

Argentina to issue $15-bln bonds, returns to credit markets

Argentina is planning to issue $15-bilion bonds making it the largest sum by any developing nation since 1996. Country's new President Mauricio Macri-led government will use funds mobilized through bo..


Latest News

Al Baraka Bank to issue sukuk denominated bond
Al Baraka Bank of Bahrain to issue US$200 million sukuk bond.
Regulatory Probe Ends Ebix, Goldman Affiliate Merger
A planned merger between Ebix and an affiliate of Goldman Sachs was cancelled after investigation by US regulators.
Deals of the Day - Mergers and Acquisitions
The following bids, mergers, acquisitions and disposals were reported on Tuesday
Freddie Mac Sells Off Bills At Higher Than Market Rates
Freddie Mac announced a higher than market average value for its three month and six month bonds totalling US$3 billion.
Morocco's Attijariwafa Bank to Issue Bond Float
The Moroccan institution Attijariwafa Bank is set to raise US$500 million through a foreign bond float.
BNDES to Fund Ethiopian Railway Connection to South Sudan
The Brazilian National Bank would be funding the railroad connection between Ethiopia and South Sudan.
Ibercaja to acquire Caja 3
Ibercaja has finalized an agreement to purchase Caja 3.
Emirates NBD to Do Bond Issue
Emirates NBD to do bond issue.
Piraeus of Greece Hires Banks
Piraeus Bank, in order to meet obligations, has hired four banks to help in its share issues and woes.
Loan Refinanced for Atlantis, the Palm
A new syndicated loan worth US$850 million has been approved to help refinance the debts of Atlantis, the Palm.
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