The increase in Commerzbank's overall financial value would help in passing tests conducted by the European Central Bank.
Regions
Morgan Stanley's CFO reiterates ROE goals
With an average of USD6 billion revenues on 10% cost on equity, Morgan Stanley's CFO said the business is doing good.
HSBC's loss may increase over time
Due to the statement by US District Court Judge Ronald A. Guzman, the USD2.46 billion judgment payment charged to HSBC Holdings for improprieties of its unit International Household, may increase due to interest on amounts due.
CBOE Holdings Inc announces rescheduled opening on its website
CBOE Holdings Inc, the largest US options exchange owner, announced on its website the schedule for trading using the VIX.
NRG Energy acquires assets from Edison Mission
An agreement was signed between NRG Energy and Edison Mission for assets worth USD2.64 billion. The largest independent power producer in the United States, NRG Energy Inc, had entered into an agreement to purchase most of the assets of the bankrupt Edison Mission Energy.
Latest News
Dutch insurers such as ING Groep NV and Delta Lloyd NV would have new abilities. Life insurance companies from the Netherlands, such as ING Groep NV and Delta Lloyd NV have faced tests of their financial abilities.
Power Capital Holdings launches Power Capital Partners LLC. Power Capital Holdings recently announced the launch of an equity firm specifically focused on the power sector.
Prime Ventures invests in mobile games platform AppLift. An additional investment of USD7 million from Prime Ventures was received by mobile games marketing platform AppLift.
New York-based private equity company KKR agreed to buy Avoca Capital for an undisclosed amount. Private equity firm KKR & Co has approved the deal to purchase Avoca Capital.
Google Inc would be joining the elite group of companies which stock had hit the USD1,000 price per share mark.
Constantia Flexibles Group would be holding an IPO to raise EUR 500 million, sources said. A source told Bloomberg that Austria-based Constantia Flexibles Group was thinking of going public in a EUR 500 million or USD 684 million IPO.
Two firms owned by Li Ka-shing would be selling holdings in Extreme Selection, the firm that owns the company developing a real estate project in Lujiazui's financial district.
BBC Wordlwide would reintroduce its BBC Earth and BBC First offerings starting 2014. Today, The British Broadcasting Corporation (BBC) Worldwide had disclosed its plans to relaunch some of its existing offerings.
Series A funding round for FIELDS raised USD5 million led by ClearVue Partners. The premier online grocery store in Shanghai, FIELDS, with its strong focus on safety, freshness and quality, announced a USD5 million Series A investment round.
