DenizBank Acquires Citi's Turkish Consumer Business
Denizbank has entered into an agreement to acquire the Turkish consumer businesses of Citibank.
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
Pramerica CLO Is CLO ver.2.0
Pramerica rates and structure allows for newer and better collateralized loan obligations to be utilized in the market.
Gleacher Further Mires in Turmoil
The recent decline of an offer and its sudden stop in its search for a partner has put Gleacher in deeper issues moving forward.
Nomos Bank of Russia To Go on Roadshow
Nomos Bank would offer a dollar denominated Eurobond through a roadshow.
Four Major Shareholders in Telecom Italia to Discuss Future
Telecom Italia's investors meet to discuss future moves
Russian Banks Get Support over Foreign Competition
Using bailout funds, Russian state owned banks create new business for its benefit.
Steady Med Gets Loan from Square 1
A US$3 million loan was granted by Square 1 for the expansion goals of SteadyMed.
MUFG Expands to North America
Mitsubishi UFJ Finance Group is in discussion to acquire US commercial property loans from Deutsche Bank.
Bank of Greece Suspends Merger Plan
The merger of the National Bank of Greece and its subsidiary NFG Eurobank is suspended until further notice.
Research Shows Faked Loans In China's Big Banks
China's big banks are not providing more credit to small and microsized firms.
