Merchant banks

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.

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..

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 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..

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According to an IFR report, UK mutuals may not be able to survive the tough new regulations imposed by UK authorities.

Tilal Development Co would be issuing a sukuk whose proceeds would be used to pay off debts and expand the Muscat Grand Mall.

Raffeisen Zentralbank agrees to acquire loan assets from Volksbanken AG as part of the bailout plan.

Senegal to issue Eurobond, one of the very first ones from Africa.

The Royal Bank of Canada and other fund managers to open new exchange to avoid high frequency traders.

Rampant speculation on Fed Reserve actions have caused German, Italian and Spanish bonds to decline.

Bank regulators are now considering increasing the simple leverage ratio to 6%.

Banks from Switzerland are being pressured by European and United States governments to release private information.

Stephen Poloz, new central bank chief for Bank of Canada said on Wednesday that the bank can no longer rely on its usual models to assess the economy.

Finance ministers in the Euro zone agreed to systematically rescue important banks with a Eur60 billion bailout fund.