Erste Group Bank has confirmed the ability to pay off state bailout funds but did not provide a schedule for the same.
Industry
Sicat Sees Further Growth in Philippine Bourse
Hans Sicat gets third term and promises new investment vehicles for the Philippine bourse in the coming year.
Einhorn is now a verb not just a noun
Being Einhorned is a new term in financial circles. Very few hedge fund managers receive as much hype and attention as David Einhorn would get with just a simple interview.
GM share prices surpass IPO price
GM's current share values surpass the pegged price for its IPO back in November 2010. In an announcement, Detroit car giant General Motors Co said that its current share values have surpassed their 2010 IPO prices.
ECB Further Cuts Interest Rates
ECB cuts interest rates to nearly zero to help bank liquidity amidst the current Eurozone recession.
Latest News
The Philippines' DOTC approves seven bidders for Metro Cebu airport project. The government of the Republic of the Philippines have released a list of approved and qualified builders for a US$430 million airport project.
NBGI Private Equity signs Tim Kelly as its second board member for its Senior Industry Advisory Board.
HgCapital pulls toymaker Schleich out of the market. HgCapital. the European equity group, has halted the sale of German toy company Schleich. Schleich manufactures miniature animal figures and popular blue toys called Smurf.
ADIA appoints John McCarthy to head its global division for infrastructure investments. One of the world's biggest sovereign wealth funds, the Abu Dhabi Investment Authority announced the appointment of John McCarthy as global division head of infrastructure.
Edwards Wildman to partner with Ismen Law Firm of Istanbul. The law firm of Edwards, Wildman and Palmer LLP, gladly unveiled to the public its plan to extend its office to Istanbul and work closely with Ismen Law Firm depending on the regulatory consent by the Istanbul Bar Association.
Suntech was able to obtain another deferment as to the loan obligations that would fall due on May 15.
Sony Corp share activity may be related to ThirdPoint's Daniel Loeb call for the firm's restructuring.
Family funds such as the Reimann family have eased out other private equity firms in terms of long term investments.
Bloomberg Editor in Chief issues an apology, calling the access as inexcusable. The Editor in Chief of Bloomberg News, Matthew Winkler, apologized Monday for allowing its journalists 'limited access' to sensitive data on how clients utilized the ubiquitous Bloomberg terminals.
