VENTURE CAPITAL POST

Friends and family of startups were found to be its biggest supporters, shelling out USD23,000 in a business on average, totaling USD60 billion in fresh capital annually, based from data collected by online crowdfunding platform Fundable.

The US Treasury Department will meet with the banking industry in December to give guidelines on how to deal with marijuana businesses in states that have legalized marijuana use.

Two of the most active banks in the Gulf region, Standard Chartered and Citigroup Inc have decided not to support Etisalat's loan for the acquisition of Maroc Telecom.

Sulaiman Al-Habib (HMG) and Almana General Hospitals have engaged the services of separate banks to assist in its IPO listing.

Eight banks were identified as 'too big to fail' by the Norwegian financial regulatory authority.

The collateral provided by Batista and Grupo EBX have helped reduce the bank exposure risk for Banco Santander Brasil and Itau Banco.

Several banks required to undergo Fed Reserve stress tests to determine capacity of capital cushions on hypothetical adverse conditions.

A USD1 billion syndicated loan was formalized by Banco do Brasil with five international lending institutions.

Presented evidence on another case is being used as evidence to prove Barclays' hand in the recent LIbOR rigging scandal.

Banking regulators now are empowered to confiscate and break up a financial institution if bankruptcy would only hurt the economy.

Tokyo Electric's debtors allow debt roll over for the stricken power utility firm.

Mortgage insurance firm Essent added Wells Fargo into its list of underwriters together with Bank of America, JPMorgan Chase and Barclays.

Taiwan's banks have become minefields for private equity companies.

After its announcement of its closure of banking operations, Barclays Plc had begun freezing its customers accounts.

Marek Belka, Poland's Central Bank Governor, had urged local banks to find opportunities through purchase of local rivals that are owned by foreign banks.