Abu Dhabi Islamic Bank Grants Loan to Dubai's DAFZA
Bank extends loan to DAFZA
Merchant 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.
Australia's Macquarie Bank Terminating Cash Transactions in All Branches as It Shifts to Fully Digital Banking Services
Australia's Macquarie Bank will eliminate the use of cash at its branches later this month as part of its transition to a fully digital offering...
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..
Latest News
World's Oldest Bank in Peril
Monte dei Paschi being investigated for corruption and fraud in the Antonveneta deal.
Hanmi Sale Stalled
Hanmi sales discussions stalled with rival banks over valuation and management.
Qatar to Sell US$1.1 billion in Sukuk Bonds
Qatar set to sell three year and five year bills and bonds worth QR4 billion.
Bancorp Eyes OneWest
OneWest, the bank from bankrupt IndyMac, is now interested in growth plans either through IPO or through outright sale.
CDW Plans IPO after Buyout
CDW to offer IPO after its takeover by private equity firms.
Blackstone and TPG Place Final Bids for Poultry Farms
Ingham Chicken get bids from private equity firms.
Fiat CEO Talks Chrysler Financing
Many banks interested in Chrysler buyout, according to CEO.
Bancolombia to Propose Share Sale
A proposal for the sale of preferred shares of stock would be tabled for the shareholder meeting of Bancolombia.
Bausch and Lomb IPO Preparations
The sale of Bausch and Lomb can either be a private one or through an IPO.
