Martin Blessing says he will stay with Commerzbank until reorganization is complete
Chief Executive Officer of Commerzbank Martin Blessing said he is staying at the helm until the bank is successfully reorganized.
Merchant banks
Sebi upgrading surveillance for CommExes
India's securities market regulator Sebi is upgrading and strengthening its surveillance system on commodity exchanges (CommExes). Recently, Sebi has barred 16 commodity trading members from trading for manipulating castor seed futures. National Commodity & Derivatives Exchange (NCDEX) is also enhancing and strengthening surveillance system for commodity exchanges in the country.
Wall Street gains prop up stocks in Asia, Australia
Encouraging gains on Wall Street were propelling up stocks in Asia and Australia. Barring Hang Kong and Japan, all the major market benchmark indices in Asia and Australia, rose...
Argentina to issue $15-bln bonds, returns to credit markets
Argentina is planning to issue $15-bilion bonds making it the largest sum by any developing nation since 1996. Country's new President Mauricio Macri-led government will use funds mobilized through bo..
Zheshang Bank Co. Postpones Gauging Demand for $1 Billion Hong Kong IPO
Due to some investors' difficulty in transferring their cash out of mainland China, Zheshang Bank has decided to postpone their $1 billion Hong Kong IPO...
Latest News
Nine more banks on board for Barclays rights offering
Nine more banks were hired by Barclays to manage its rights offering next month worth GBP 5.8 billion or USD 8.9 billion.
Leading helicopter leasing company secures new US $300 mln loan
Milestone Aviation secures a US $300 million loan facility from Lloyds, Barclays and Lombard.
Obama, likely to postpone Federal Reserve Chairman appointment until fall
President Barack Obama remains undecided on Federal Reserve chairman pick and will most likely extend consideration of the matter until the fall.
Regions Bank “attacked”: who pays for the losses?
Regions Bank was “attacked” Friday and it is not clear who will pay the losses.
Corey Luskin is Managing Director of England & Company
England & Company has just hired Corey Luskin as Managing Director for its Technology Investment Banking Group.
Buying a house? Bring cash
Investors were flocking to several states to buy a house at a lower price albeit in cold cash.
PacWest acquires CapitalSource Inc
PacWest Bancorp said that they will acquire CapitalSource Inc for US$2.29 billion in cash and stock options.
Tax charges and a merger make Julius Baer's profit fall
Julius Baer's profit fall 30% due to tax charges and a merger.
Fed reconsiders financial firms' physical commodity trading
Financial firms' physical commodity trading may come to an halt as the Fed reconsiders its policy on this.
