The government is seeking venture capital financing for growth without affecting its bottom line.
Merchant banks
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Unbeknownst to many, UBS was the financial backer of CP Group in its purchase of a stake in Ping An Insurance of China.
Sterling Bancorp was purchased by Provident New York Bancorp for US$344 million.
JinkoSolar obtains a RMB360 million loan facility from China Development Bank.
Allianze, through its CIO criticized the handling of block sales of firms resulting in retained shareholdings by the bank.
According to President and COO Gary Cohn, Brazil is the new frontier for growth for Goldman Sachs.
Belgian firm Alfacam is now in rough waters financially after its credit line was cut off for breach of covenants.
Unicredit has announced the implementation of a buy-back scheme for outstanding bonds.
DAMAC Properties would be listing publicly in the Dubai bourse amidst high interest for IPOs in the region.
Telefonica Deutschland would be selling off Euro denominated bonds.
ICBC would be the first Chinese bank to invest in a Taiwanese Bank, SinoPac.
The transfer of funds exempted Laiki Bank UK from Cyprus Bailout.
A US$50 million sukuk bond issue would be undertaken by the Sharjah Islamic Bank.
The Swiss bank Julius Baer would boost businesses in South America and Monaco through transfers of former Merrill Lynch businesses.
According to the Apple Daily, the Liu family owned Chong Hing Bank would be up for sale.
