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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Jain Irrigation and State Bank of India to provide assistance to Indian farmers.

JA Solar Holdings Co is ready to pay off US$119 million for interest and principal on bonds it had issued.

Gagfah is refinancing maturing loans to free up funds for renovations and/or acquisitions.

EFSF appoints BNP Paribas, JP Morgan and Deutsche Bank for unscheduled bond issue.

Suntech was able to obtain another deferment as to the loan obligations that would fall due on May 15.

Commerzbank is selling off its property loans unit to Lone Star and Wells Fargo Bank.

The Commercial Bank of Dubai has set the price of its bond issue with a volume of US$500 million.

Current constitutional restrictions on foreign ownership of real property is what is causing the delay in the sale of 60% of the 84% ownership of SMC in Bank of Commerce by CMIB.

The EBRD is thinking of going directly to the small business man to help jumpstart the European economy.

Augme Tech gets loan facility from Silicon Valley Bank.