Former Lloyds Banking Group Plc executive Andrew Geczy was appointed as new Head to the International and Institutional Banking division.
Sectors
Banks aid El Corte Ingles' debt with EUR3.8 billion loan
Spain's El Corte Ingles said on Monday that it has reached an agreement with banks to refinance its EUR5 billion debt.
AMG Wealth Partners invests in Clarfeld Financial Advisors
Affiliated Managers Group announced equity investment in Clarfeld Financial Advisors by its subsidiary MG Wealth Partners LP.
HgCapital Acquires E-conomic
HgCapital buys E-conomic, an online accounting company for SMEs. Hg Capital revealed on Monday its purchase of e-conomic, a large-scale European leading SaaS (Software as a Service) accounting unit for small and medium enterprises (SMEs).
Russian economy saved by good harvest
Increased volume of agricultural production propped up Russia's slow growing economy. Russia's economy exhibited indications of development in July, based on new figures released by the state statistics service.
Latest News
Retailer Tesco would try to compete in the digital downloads market through the release of its own iPad-like tablet computer.
Remeditex Ventures and Velocity Pharmaceutical Development(VPD)announced the signing of a collaboration agreement.
Private-equity leader CVC Capital Partners Ltd. buys Skrill, a British online payment company by Investicorp.
Technology stocks experienced a fair gain with the help of Intel, Facebook and Apple. The technology market experienced a fair increase in the stock market, thanks largely to current top share gain leaders Intel Corp.
Web analytics experts said Google outage for a few minutes resulted to a 40% slump in the global internet traffic and a loss of USD500,000.
Zillow Inc. announced acquisition of StreatEasy for USD50 million as it moves to expand in the New York market.
Ten more Slovenian banks would undergo external stress tests commissioned by the Slovenian central bank.
Cobalt announced failure in Gulf of Mexico oil exploration site. Cobalt International Energy Inc. announced on Monday that their expedition for oil in the Gulf of Mexico failed.
Google was recently awarded the patent to utilize an eye-tracking technology that could establish a pay-per-gaze advertising system.
