The deVere Group opens its offices on the Cayman Islands. The deVere Group has recently announced the establishment of its regional office in the Cayman Islands as a signal to its presence in the area.
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Youku Sees Original Mobile Content to be Profitable
Youku views mobile content as platform for profits for the firm. China's largest online video company, Youku Tudou Inc. , claims that original programming and a drive into mobile content will support the company as it looks into posting its first profit since its initial public offering in 2010.
Greece Required to Pass Reform Laws before Bailout Tranche Released
Greek Finance Minister urged the legislative body to pass the reform measures required as a precondition to the release of the Eur2.8 billion tranche of bailout funds for the country.
McClendon Forms American Energy Partners
McClendon, after his exit from Chesapeake Energy, is now undertaking a new venture, American Energy Partners.
Proposed Legislation to Complicate Bank Operations
With the proposed US$400 billion asset ceiling and 10% equity retention limit, banks may be forced into complicated situations.
Latest News
Renault-Nissan CEO Carlos Ghosn expects approval for the China plant for the carmaker to be approved by the end of the year.
Ageas issues Eur1.00 per share extraordinary dividend due to sale of RPI portfolio and BNP Paribas call option.
Austria is now in the midst of forging an agreement to provide other EU countries data swaps to crack down on tax evaders.
MBIA engages the law firm of Weil, Gotshal and Manges on ways to avoid rehabilitation of its structured finance business unit.
Valeant Pharmaceuticals is in discussion to acquire Actavis for about US$13 billion. Valeant Pharmaceuticals International Inc, the largest publicly listed drug maker in Canada, is in discussion to purchase generics pharmaceutical firm Actavis Inc for US$13 billion.
Vodafone shareholders, should the US$100 million bid be offered, wants to either merge with Verizon Communications.
PIMCO's head of credit portfolio management is seeking to acquire investments and loans that have high risk but provide high returns.
CBRE announced a 12% profit realized from increased revenues from global property sales demand surge.
Recent research indicate US investors are again looking to snap up real estate ventures and investments located overseas.
