Merchant banks

WorldPay Gets US$1.08 Billion Loan Equivalent

WorldPay was able to raise US$1.08 billion loan equivalent for dividend and debt payment purposes.

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Delay in Hudson City-M&T Deal Ruling Expected

Concerns about money laundering and violations of the Bank Secrecy Act hold back M&T Bank's purchase of Hudson City Bancorp Inc.

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Hub International Up for Sale

Hub International is being sold off by owners Apax Partners and Morgan Stanley.

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Banks Lining Up Financing for Scandlines Purchase

Scandlines owners Allianz Capital Partners is preparing for the sale of the ferry group.

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PKO BP Riding High on Acquisitions

PKO BP just recently announced plans to purchase Nordea Bank Polska and is also looking into the purchase of CSOB of KBC Groupe.

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DenizBank Acquires Citi's Turkish Consumer Business

Denizbank has entered into an agreement to acquire the Turkish consumer businesses of Citibank.

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Pramerica CLO Is CLO ver.2.0

Pramerica rates and structure allows for newer and better collateralized loan obligations to be utilized in the market.

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Gleacher Further Mires in Turmoil

The recent decline of an offer and its sudden stop in its search for a partner has put Gleacher in deeper issues moving forward.

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Nomos Bank of Russia To Go on Roadshow

Nomos Bank would offer a dollar denominated Eurobond through a roadshow.

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Four Major Shareholders in Telecom Italia to Discuss Future

Telecom Italia's investors meet to discuss future moves

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Russian Banks Get Support over Foreign Competition

Using bailout funds, Russian state owned banks create new business for its benefit.

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Steady Med Gets Loan from Square 1

A US$3 million loan was granted by Square 1 for the expansion goals of SteadyMed.

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MUFG Expands to North America

Mitsubishi UFJ Finance Group is in discussion to acquire US commercial property loans from Deutsche Bank.

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Bank of Greece Suspends Merger Plan

The merger of the National Bank of Greece and its subsidiary NFG Eurobank is suspended until further notice.

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Research Shows Faked Loans In China's Big Banks

China's big banks are not providing more credit to small and microsized firms.

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