NYSE chooses JPMorgan, Societe Generale for Euronext IPO

NYSE tapped JPMorgan & Chase Co. and Societe Generale for the IPO launch of Euronext. NYSE Euronext is the bourse operator to be acquired by Intercontinental Exchange Group Inc.


Prudential hires former Deutsche Bank’s property investments manager

Prudential Financial Inc. hired Frank Garcia, a former property investments manager at Deutsche Bank AG.

Indian startup company to hire luxury cars for customers

CommonFloor to use luxury vehicles for taxi services. Real estate company, CommonFloor, had announced that it will hire air-conditioned vehicles for their wealthy costumers who are looking into buying at least one of their five million properties.

CLO refinancing at USD50 Billion seen rewarding risky issues

According to the Royal Bank of Scotland, approximately USD50 billion collateralized loan obligations could be refinanced in the next two years.


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Socialspiel received EUR200K new funds from angel fund FLOOR13 and ex-Rockstar Games veterans, Clemens Beer and Mike Borras.
UK regulator warns Cineworld might have to let go of three complexes. Cineworld might just have to let go of their recently acquired complexes at Aberdeen, Bury St Edmunds and Cambridge as the Competition Commission released their provisional findings last Tuesday.
SocialChorus had raise a total of USD8 million so far after the close of its USD2.5 million Series A Funding.
Trina Solar reported increase in sales as high demand for products developed in China and Japan. China's Trina Solar Ltd increased its forecast for panel shipments this year as sales in its own country increased.
Vietnam announced plan to ban free chat applications to protect network providers in the country. The Vietnam government proposed a possible prohibition of free Internet chat applications.
Everbright Securities Co. faced a three month restriction on joining any property trading after it erroneously priced government bonds worth CNY10 million.
Koos Bekker became a billionaire earlier this year after he transformed Naspers Ltd. from an old-print business into the largest media firm.
Carlyle Group LP welcomed its new member Matthew O'Connor, an executive from GE Capital, who was hired as managing director for the company's energy team.
Ally Financial Inc. said through a statement that it had sought to repay a bailout debt valued USD1 billion.
BRE Properties Inc. declined a takeover deal priced USD4.6 billion as the valuation of the company was severely discounted.