Industry

Cyprus’ action scares depositors - Carlyle's Rubenstein

Cyprus’ action scares depositors Inflicting losses on deposits at Cypriot banks could drive investors across the world to pull their money from banks in other countries, according to Carlyle Group co-chief executive David Rubenstein.


Survey shows decrease in M&A deal volumes for emerging markets in 2012

A new survey revealed that mergers and acquisitions activity for developed and emerging markets declined in 2012.

High-yield bonds lure PE firms

Attractive rates and longer maturity periods are luring private equity firms to replace leveraged loans with European high-yield bonds.

Bertelsmann to Sell Part of its Stake in RTL Group

German media conglomerate Bertelsmann has said that it is making sale of a stake in RTL group. Germany's Bertelsmann has announced that it is planning to sell a stake in broadcasting company RTL Group worth as much as 1.


Latest News

Taiwan and China enter into new regulations on investment in financial institutions and holdings companies.
The proposed merger of MetroPCS Communications and T-Mobile owned by Deutsche Telekom AG appears to have more critics and oppositions in a bid to force Deutsche to offer sweet deal.
Largest depositors in Cypriot lender Bank of Cyprus are expected to receive bank shares worth just 37.5% of their deposits over 100,000 euros.
Redknee has closed its deal to purchase the Business Support Systems business unit of Nokia Siemens Network.
In a harsh condition, nearly 60% of the value of deposits above Eur100,000 would be lost in the bailout package.
Fund manager of BlackRock China forecasts futures for investors. According to a fund manager at BlackRock, China's industrial stocks provide good investment opportunities on select markets, such as steel mills to cement producers.
A poll of Japan based managers indicated that allocations have increased in both shares and bonds but decreased in cash.
At the height of the Cyprus bailout drama, investors sought safety in bonds for the meantime. According to monthly poll conducted by Reuters of asset managers, global investors grew ever more cautious this month.
Turkish airline Pegasus Airlines will be launching an IPO of a third of its shares, with most of its stake to be allocated to foreign investors.
Glass Lewis follows ISS recommendation that MetroPCS Shareholders should vote against merger with Deutche Telekom AG's U.S. business unit T-Mobile USA.