SinoPac To Sell 20% of Banking Unit to ICBC
ICBC would be the first Chinese bank to invest in a Taiwanese Bank, SinoPac.
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
Laiki Bank UK Exempt from Cyprus Bailout Levy
The transfer of funds exempted Laiki Bank UK from Cyprus Bailout.
Sharjah Islamic Bank to Issue Sukuk Bond
A US$50 million sukuk bond issue would be undertaken by the Sharjah Islamic Bank.
Swiss Bank Julius Baer to Complete Merrill Lynch Transfers Soon
The Swiss bank Julius Baer would boost businesses in South America and Monaco through transfers of former Merrill Lynch businesses.
Liu Family to Sell its Shares over Chong Hing Bank Ltd
According to the Apple Daily, the Liu family owned Chong Hing Bank would be up for sale.
Major Chinese Companies Issue Debt Bonds in Yuan
Three major Chinese firms to issue yuan denominated debt instruments.
Lloyds Bank Beats Loans Projections for Manufacturers
Lloyds ceilings for lending to manufacturers with discounted interest rates.
Qatari National Bank Buys Staker in National Societe Generale Bank
In line with its acquisition spree, Qatar National Bank purchases stake in Egypt's National Societe Generale Bank.
Santander Aims to Keep within Basel III Rules
The goal to boost capital base of Santander questions its ability to maintain its financial strength.
UPDATE: Tele2 Bidding War Escalates
MTS and Vimpelcom joins the A1 versus VTB bidding war for Tele2 Russia.
