VTB IPO Preparations Underway
VTB, Russia's second largest bank is undertaking an IPO worth nearly 100 billion roubles.
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
Sura and Bank of Nova Scotia partner to purchase BBVA Horizonte
Sura and Bank of Nova Scotia shelled out US$258 million each to acquire BBVA Horizonte of Peru.
Banca Carige Adds More Assets For Sale
Banca Carige, in a bid to meet its reorganization targets, is selling off two assets to its divestment plan.
Qatar National Bank to sell off US dollar bonds
QNB in its growth plans, seeks to raise funds through bond issues to capitalize its acquisitions.
Deutsche Bank Faces Suit by Sebastian Holdings
Deutsche Bank faces one of the many trading day cases in court.
Ameriprise to Bid for Scottish Widows
Ameriprise is set to bid for Scottish Widows.
HSBC Reviewing Iraq Presence
HSBC is reviewing presence in Iraq and expanding in Egypt.
Lloyds Bank Engages Bank for Sale
Lloyds Bank has engaged the services of Deutsche Bank to provide services for the possible sale of Scottish Widows.
Lone Star and Wells Fargo to Purchase Commerzbank Assets
Lone Star and Wells Fargo would divvy up the assets of Commerzbank.
SolarWorld Seeking to Strike a Deal with its Creditors
SolarWorld is seeking to find a compromise agreement with its creditors to avoid insolvency.
