Small Banks Cheer As US Authorities Tough Rules for Wall Street
Small banks cheered as US authorities drafts tough rules for Wall Street.
Merchant banks
Warren Buffett-Backed Capital One to Buy Discover Financial in $35 Billion Deal
Warren Buffett-backed Capital One is set to acquire US credit card issuer Discover Financial Services in an all-stock deal valued at $35.3 billion.
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 f..
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..
Latest News
Money Influx Hurts China Rates
Money influx hurt China money market rates.
Financial Conduct Authority Orders Trading Bans on Certain Shares
The FCA orders trading bans on three Portuguese firms due to market volatility.
Switzerland Hurt as Private Banks Leave Due to Rising Compliance Versus Secrecy
Banks leaving Switzerland due to the loss of secrecy in the banking transactions.
Hypo Alpe's EU deal makes Finance Minister confident
Maria Fekter, Austria's Finance Minister was confident about getting the deal from EU after some negotiation.
Islamic finance lobbies outside Gulf
General Council for Islamic Banks and Financial Institutions intends to expand to adjacent countries.
IPO for Associated Materials Underway
The IPO of Associated Materials is well on its way as it chose the banks to manage the sale.
Bond investments experience capital flight
Many investors are divesting their bond holdings because of current economic conditions.
Energy Futures Seeks Suit's Dismissal
Energy Futures is seeking court intervention to dismiss the suit filed by Aurelius against the firm.
Valeant Finalizes Term Loan Tranches
Valeant's term loan has been finalized and the proceeds would be used to fund the acqusition of Bausch and Lomb.
