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

Are Investors Ready for Southeast Asia?
With infrastructure demand at an all time high, there are still many pitfalls that investors face when putting their money into Southeast Asia.
VTB Group Bank Purchases Tele2 Russian Unit
VTB Group Bank recently purchased the Russian subsidiary of Tele2.
Lehman's Creditor Payout Announced
Lehman Brothers, once Wall Street's larger banks, has announced its payout to creditors after its emergence from bankruptcy protection.
China Regulator Issues Guidelines on Non Standardized Debt Assets
The China Banking Regulatory Commission issued guidelines on the proper handling of wealth management instruments.
Doha Bank Says Rights Issue Oversubscribed
Doha Bank releases two part issue to increase capitalization.
Cyprus Deal Closes Bank and Force Losses
The Popular Bank of Cyprus would be shut down and funds be put into rehabilitation of Bank of Cyprus according to last ditch bailout plan agreed upon by the government and lending institutions.
Reuters Finds Signs Cyprus Meltdown Could Have Been Averted
Reuters, in its investigation, found existing measures by the EU that could have avoided the Cypriot banking system collapse.
Brazil's Itau' Unibanco Tops Global Debt List
Itau' Unibanco emerges as top global debt manager according to Thomson Reuters data.
India Deregulates FIIs Bonds
India eases its restrictions on foreign institutional investors or FIIs for bonds issues in the country.
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