President Barack Obama remains undecided on Federal Reserve chairman pick and will most likely extend consideration of the matter until the fall.
Investors
New York pension fund looking to ink more partnerships
NYC Public Pension Funds seeks to create more partnerships even after it had pledged around US $1 billion to CVC Capital Partners and Apollo Global Management.
Monoidics brilliant staff to join Facebook following acquisiition
Facebook absorbs Monoidics personnel to be part of its team following the social networking site's acquisition of the startup company.
Barclays sees CoCos as most attractive option to raise money
Barclays banks on issuing contingent convertible bonds (CoCos) to meet its obligations. Barclays Plc is looking to issue contingent convertible bonds (CoCos) in order to save money and still meet the three percent leverage ratio imposed by Prudential Regulations Authority, owned by the Bank of England.
Indian realty developer and Standard Chartered seal joint venture
The Mahindra Lifespace Developers sealed a joint venture agreement with SCM Real Estate (Singapore) Pvt Ltd, Standard Chartered Bank’s investment unit, to develop residential projects in India.
Latest News
Conviviality Retail seeks to secure GBP 64 million funding through the Alternative Investment Market.
Following its acquisition of GBP 2 million funding in a round led by Octopus investments, Affectv starts the work to meet its goals.
Lanco initiates the process to restructure its debt amounting to INR 75 billion (USD 1.3 billion). Engineering procurement and construction company Lanco Infratech Ltd.
The Formula One Group and the FIA signed the framework for the 2013 Concorde Agreement. The Formula One Group and its governing body, the FIA, signed the new framework for the 2013 Concorde Agreement.
Dexia CEO Karel De Boeck said he wants to avoid further capital injection from taxpayers. CEO of Dexia Karel De Boeck said he does not want any more capital boost.
Billionaire Steven Cohen's hedge fund pleaded not guilty to five separate criminal charges in federal court.
A source familiar about the deal but requested anonymity claimed that Dell Inc. will not be selling its shares for a bid below US $14.
ONGC and Reliance Industries signed a Memorandum of Understanding that allows them to share infrastructure on the east coast.
Russian billionaire Vladimir Evtushenkov said he is considering takeover targets to expand his business abroad.
