BNP Paribas acquires South Africa's RCS
BNP Paribas has acquired RCS in a deal valued USD250 million, reported Ventures Africa.
Investment banks
JPMorgan Chase Aims to Attract 15% of US Consumer Deposits, Expand Credit Card Share
JPMorgan Chase is reportedly striving to amass 15% of US consumer deposits and expand its credit card share.
Citi to End Operations in Haiti After 50 Years
Citi has decided to end its operations in Haiti, concluding more than 50 years of presence in the country...
Mexico's Sinaloa Drug Cartel Members Found Citi ‘Favorable’ for Money Laundering: Report
US officials said that drug traffickers for Mexico's Sinaloa cartel chose to launder money through Citi...
Goldman Sachs Plans to Double Lending to Ultra-Wealthy Private Bank Clients in the Next 5 Years: Report
Goldman Sachs plans to double its lending to wealthy private bank clients in the next five years...
Citigroup Fined $79 Million After UK Trader Makes $444 Billion 'Fat Finger' Error
Citigroup Inc. was fined £61.7 million ($79 million) by British regula...
US Regulators Considering Slashing Proposed Capital Hike for Big Banks: Report
The Federal Reserve and two other US regulators are reportedly conside...
Latest News
State Bank of India to raise international investments valued USD750 million
State Bank of India has announced raising USD750 million to USD1 billion worth of overseas investments through bond sales, reported ET.
OTP Bank close to acquire MKB from BayernLB
Hungary's OTP Bank is close to acquiring MKB from BayernLB said sources familiar with the matter, reported Reuters.
JP Mogran, HSBC and Merill Lynch offer bridge loan to Singapore's OCBC
Three banks have offered a bridge loan for the acquisition of Singapore's Overseas-Chinese Banking Corp Ltd. over Wing Hang Bank, reported Reuters citing sources familiar with the matter.
Morgan Stanley shareholders await Fed's decision on share repurchase
Shareholders of Wall Street lender Morgan Stanley are looking forward to the decision of the US Federal Reserve if it will allow it to return capital to them via share repurchases, Reuters reported.
Jersey-based gold explorer Lydian pockets C$4.7M in private placement
Saint Helier, Jersey-based gold mining and minerals exploration Lydian International pocketed C$4.7 million in a private share sale to its shareholders International Finance Corporation (IFC) and the
UK startup Allthings lands £400K in funding to organize business tasks
Dundee, UK-based software startup Allthings landed £400,000 in funding from the Scottish Investment Bank and other local investors to support its growth strategy and the improvement of its task-listin
Nedbank Capital seeks new mining investment destinations in Africa
Johannesburg, South Africa-based banking network Nedbank Capital is looking for new mining investment destinations in Africa, aside from gold explorations in Tanzania, Ghana, and Burkina Faso.
Scottish tech firm Dukosi secures £320,000 from Par Equity venture capital and Scottish Investment Bank
Dukosi, the Scottish technology firm that developed the Electric Vehicle Optimization Integrated Circuit, secured £320,000 to help finance the commercial roll out of its smart chip geared towards elec
Permira to buy Tilney's regional businesses from Deutsche Bank
Permira will be buying the regional businesses of private client investment manager Tilney in Birmingham, Edinburgh, Glasgow and Liverpool from Deutsche Bank, a statement about the funding said.
