Bank of America Corp.

JPMorgan in talks to sell oil-supply agreement to BoA

JPMorgan Chase & Co (JPM.N) is in talks to sell its oil-supply agreement with a major Philadelphia refinery to Bank of America Corp (BAC.N), the Wall Street Journal reported Tuesday, citing people familiar with the matter.

Read Full Article

National Australia Bank subsidiary files for U.S. IPO

Great Western Bancorp Inc, the U.S. subsidiary of National Australia Bank Ltd (NAB.AX), filed with U.S. regulators on Thursday for an initial public offering.

Read Full Article

KKR and Permira exit $1.7B stake in Germany's ProSiebenSat.1

Private equity firms KKR & Co and Permira Advisers exited a 16.6% holding in German commercial broadcaster ProSiebenSat.1 Media AG (PSM)in a deal valued at around €1.26 billion ($1.7 billion).

Read Full Article

China-based diaper maker AAB Group files application for $300M Hong Kong IPO- sources

AAB Group Co, a diaper manufacturer based in China, has filed an application to hold a $300 million initial public offering in Hong Kong, sources interviewed by Bloomberg revealed.

Read Full Article

JPMorgan picks up stake in US trading platform Chi-X Global

US-based multinational banking and financial services firm JP Morgan Chase & Co purchased an equity stake in alternative trading systems operator Chi-X Global Holdings LLC for an undisclosed sum.

Read Full Article

America's top five banks control a total of $6.46T in assets -report

Financial information provider SNL Financial in a report said that the five largest lenders in US control 44.2% of the industry's assets. JPMorgan Chase & Co, Bank of America,Citigroup,Wells Fargo & Co, and US Bancorp have a total of $6.46 trillion in assets.

Read Full Article

Moncler to price IPO at €10.20 per share

Italian ski wear maker Moncler intends to price its initial public offering at €10.20 per share, the top of its earlier indicated range. The deal will reportedly raise €585 million to €681 million.

Read Full Article

Tomkins taps Goldman Sachs to advise on sale or IPO

Tomkins Ltd. has began the process for an exit deal that could bring in at least USD6 billion to the British manufacturer. It reportedly hired Goldman Sachs Group to advise on its proposed sale or listing.

Read Full Article

BoFA, investors agree on settlement regarding municipal bond-rigging

Investors including the Bucks County Water & Sewer Authority in Pennsylvania, the city of Baltimore and the Central Bucks School District agreed to settle the municipal bond-rigging case it filed against Bank of America Corp.

Read Full Article

US major banks amass cash by rejecting US Treasuries in light of taper risk

Data gathered by the US Federal Reserve showed a decline of over USD80 billion in nanks' holdings in federal agency bonds and Treasuries, marking its first annual decline since 2007.

Read Full Article

IPO candidate King reveals 500 million Candy Crush downloads

IPO candidate British game maker King revealed its Candy Crush Saga title has been downloaded over half a billion times and played over 150 billion times to date.

Read Full Article

Goldman Sachs, JPMorgan, Bank of America scramble to fund Rue21 acquisition

JPMorgan Chase Co., Bank of America Corp. and Goldman Sachs Group Inc. would not be able to get out from their financial commitments to a buyout of retailer Rue 21 by private equity firm Apax Partners.

Read Full Article

Walt Disney Co. plans stock buyback starting next year

Walt Disney Co. announced its plans to buy back around USD6 billion to USD8 million stock starting 2014.

Read Full Article

Bank of America keeps name dissolves Merrill Lynch unit

Bank of America will dissolve Merrill Lynch & Co. but will continue to keep name.

Read Full Article

New York, DC Merrill Lynch hires rival Morgan Stanley advisers

Merrill Lynch offices in New York and Washington D.C. hired advisers from rival, Morgan Stanley.

Read Full Article
1 2 3

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics