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

Anschutz Draws List of Preferred Buyers
AEG is being sold off and buyers are being selected.
Auction of Catalunya Banc Draws Spanish Lenders
Lenders in Spanish has been eyeing to acquire nationalized Catalunya Bank, which was bailed out last year amidst the crash of Spanish proper five years ago.
OneRoof Energy Inc Backed by Morgan Stanley
Morgan Stanley, Main Street and Zions provide financing for OneRoof Energy.
Carlyle Purchases Hotel Chain
Consortium led by Carlyle Group purchases China's 7 Days Hotel chain.
Harris Teeter on Track for Record Takeover Valuation
Harris Teeter valued well above market rate, set to be record takeover in its industry.
Bids Filed for Catalunya Banc
Three major banks interested in purchasing Catalunya Banc
Lloyd's To Take Another Hit
Lloyds Bank to pay for past misdeeds.
Goldman Sachs Expands to Chile
Goldman to sell debt in Chilean local market.
Dimon Says Lenders Accumulating Capital more than Needed
JP Morgan CEO issues warnings on capital hoarding.
Tribune Engages Banks for Sale Assessment
Tribune Puts Up Assets for Sale
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