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Bank of Cyprus possible restructure to retail and asset management

The Bank of Cyprus is thinking of restructuring its operations into retail and asset management. The Bank of Cyprus is considering the possibility of splitting its operations as part of its restructuring scheme.


PacWest agrees to pay $2.3 Billion in Cash, Stock for CapitalSource

PacWest Bancorp agreed to purchase CapitalSource for $2.3 billion in cash and stock. PacWest Bancorp (PACW), a California-based bank holding company, has agreed to buy commercial bank CapitalSource Inc.

Vodafone chair to seriously consider offer Verizon buy out

The chairman of Vodafone said that he will seriously consider Verizon's offers for a buy out for as long as it gives value for its shareholders.

JBS SA renews buy-back program

Brazil's JBS SA has renewed its program to buy-back up to 10 percent of its common shares in circulation.


Latest News

Planet Fitness has hired corporate finance veteran Dorvin Lively as Chief Financial Officer. Dorvin Lively has been appointed as the Chief Financial Officer of Planet Fitness, a health club franchise that boasts 650 locations and 4.
Riverside Company acquires Blue Microphones, yet the financial details of the transaction were not disclosed.
Oxford Finance gives Continuum Healthcare debt financing amounting to US $11.5 million consisting of revolving credit line worth US $1.5 million and senior secured term loan amounting to US $10 million.
Frontier Capital, a private equity firm, invests in recruitment process outsourcing WilsonHCG. Private equity firm Frontier Capital reportedly invested in WilsonHCG, a Florida-based HR consulting and recruitment firm.
Adore Me rakes in US $8.5 million of funding from investors led by Upfront Ventures, Mousse Partners and Redhills Ventures.
The Help to Buy scheme of George Osborne risked creating a new housing bubble. The Help to Buy scheme was George Osborne's latest attempt at kickstarting the economy.
Riskive closes seed capital funding amounting to US $2.2 million from private investors including Genacast Ventures and Core Capital.
NGage Labs secures US $6.9 million in series B financing, which was led by Metamorphic Ventures and participated in by AZ Digital Farm.
Bare Snacks gets US $9.25 million funding from NGEN Partners together with Silas Capital and Avrio Capital.
Analysts said that Apple's September quarter forecast would give hints at next iPhone's release date.