On Thursday, the Swiss National Bank announced that Credit Suisse and UBS must cut their debt levels that still top international rivals.
Deals
Arsenal Capital purchases ADCO Global
Arsenal Capital Partners bought ADCO Global, a portfolio company of Aurora Capital Group. (Photo : Reuters)This is an image of a man working with adhesive tools.
Beijing Automotive Seeks European Markets
Beijing Automotive established BAIC International Development Co to lead overseas acquisitions. (Photo : Reuters)The image is a snapshot of a Chinese roadway.
Site Scout buys defunct AdBrite IP assets
Site Scout purchased intellectual property assets by AdBrite. (Photo : Reuters)These two screens exhibit online advertisements. Site Scout Inc. has announced that is has purchased intellectual property assets produced by AdBrite Inc.
Apax Partners closes fund at US$7.5 billion
Apax Partners' Apax VIII fund closed at US$7.5 billion. (Photo : Reuters)This is the logo of Apax Partners. Apax Partners, a globally leading private equity firm, said on Friday that it has received US$7.
Latest News
Rockwood Holdings Inc. cancelled a planned auction combination of its titanium dioxide and performance additives units.
JoS. A. Bank Clothiers Inc. is seeking to buy more stores. Most people might think that JoS. A. Bank Clothiers Inc. is big enough already with over 600 stores.
A United States appeals court lets stand Ex-IM's loans. (Photo : REUTERS)The Delta airline logo is seen on a strap at JFK Airport in New York A United States appeals court lets a two-year old decision by the United States Export-Import Bank stand this Tuesday.
Two high-frequency traders are seeking a merger. (Photo : Reuters)A handshake denotes a partnership between entities. RGM Advisors LLC and Allston Trading LLC are discussing future merger plans.
The US and European governments won't be able to make any significant cut back on its deficits, according to investors.
The IMF released Ireland's aid fund for its bailout due to 'steadfast' economy. (Photo : REUTERS)The Irish flag flies above the General Post Office on O'Connell Street in Dublin The International Monetary Fund announced its approval of Ireland's bailout program.
Foreign banks recently invested in many local companies pushing the country's merger and acquisitions march forward.
Lloyds Banking Group must plug a capital shortfall of GBP8.6 billion after Britain's banking regulator announced new rulings on Thursday.
Finance ministers in the Euro zone agreed to systematically rescue important banks with a Eur60 billion bailout fund.
