Finland Banks on Venture Capital Financing for Growth
The government is seeking venture capital financing for growth without affecting its bottom line.
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
UBS was backer for CP Group Purchase of stake in Ping An
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 Bought by Provident New York Bancorp
Sterling Bancorp was purchased by Provident New York Bancorp for US$344 million.
JinkoSolar Gets Loan from China Development Bank
JinkoSolar obtains a RMB360 million loan facility from China Development Bank.
Allianz Criticizes Bank Mishandling of Block Sales
Allianze, through its CIO criticized the handling of block sales of firms resulting in retained shareholdings by the bank.
Brazil is Goldman Sach's New Growth Area
According to President and COO Gary Cohn, Brazil is the new frontier for growth for Goldman Sachs.
Alfacam in Rough Waters with Creditors
Belgian firm Alfacam is now in rough waters financially after its credit line was cut off for breach of covenants.
Unicredit Buys Back Eur3.5 billion in bonds
Unicredit has announced the implementation of a buy-back scheme for outstanding bonds.
IPOs in Gulf Region Run High Expectations
DAMAC Properties would be listing publicly in the Dubai bourse amidst high interest for IPOs in the region.
Telefonica Deutschland to Sell Bonds
Telefonica Deutschland would be selling off Euro denominated bonds.
