banks

Atlantis, The Palm finalizes loan facility worth USD880 million

Several local and international banks come together to provide a loan facility worth USD880 million for Atlantis, The Palm.

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Appeals court rules in favor of National Credit Union Administration for MBS claims

The US Court of Appeals in Denver ruled for the National Credit Union Administration and allowed it to use the extender statute to pursue its claims against big banks regarding MBS.

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Chinese banks reduce loans to development projects in smaller cities: economist

A state think-tank said Chinese banks have reduced loans on property developments in smaller cities because of the glut in unsold homes there.

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MB Financial acquires Taylor Capital

MB Financial, Inc. and Taylor Capital Group, Inc. announced that they have signed a definitive merger agreement for the acquisition of Taylor Capital.

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Balancing act for leverage ratio, banks shaken over the possibilities

Debates once again arise about how to strengthen banks without suppressing lending and estranging investors.

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Scotiabank withdraws offer for Bank of Guangzhou's 20% stake

Scotiabank withdrew its offer for Bank of Guangzhou's 20% stake after Chinese authorities' refusal for its Can$719 million bid.

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Financial Institutions may shy away from funding Delhi-Jaipur expressway if land not acquired

India’s Road Minister Oscar Fernandes said that unless major lands are handed over, financial institutions that would lend for the construction of expressways in the country could possibly shy away.

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Miami top in US foreclosures

Miami is reported to top US in foreclosures amid private-equity buying and bank property selling.

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Banks Compute Risks Differently, Says Basel

Banks computed risks differently, according to Basel Committee.

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Deutsche Bank Needs More Capital under Basel Proposal

To achieve the 3% leverage ratio target proposed by Basel, analysts claimed that Deutsche Bank still has to increase its capital or decrease its assets by 409 billion Euros.

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Grandpoint Bank To Acquire Gilmore Bank

Grandpoint bank signs agreement to acquire Gilmore Bank

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IPO for Associated Materials Underway

The IPO of Associated Materials is well on its way as it chose the banks to manage the sale.

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Alibaba Lands Syndicated Loan

Alibaba recently landed an US$8 billion syndicated loan as a prelude to an IPO.

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Zalando Declines Banks for IPO

Zalando, an online clothing retailer said that banks contacted the company several times for a possible initial public offering.

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Swedish banks' capital strength riskier than expected

Swedish big banks' capital strength are more vulnerable to risk than what appears on paper.

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