Ontario Revamps Financial Regulatory Companies

Referring to a call for modernization, the Finance Minister of Ontario revealed on Tuesday the government’s plan to overhaul some of the financial regulatory bodies in the province to create a new watchdog with its center of attention on consumers.

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‘The revolution is over’, Says UK Financial Watchdog

Just as the Britain arranges its exit from EU, United Kingdom’s newest financial watchdog guides into a new age of banks and insurance companies’ oversight.

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Western Alliance Bank to buy part of GE Capital assets

US-based Western Alliance Bank has decided to buy GE Capital assets from General Electric Co. The deal is expected to be completed by end of 2016. General Electric will focus on its core industrial operations.

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Tarsis Closes Financing

Tarsis is pleased to announce that the Company has closed the $450,000 financing as previously announced. The financing was comprised of 9 million units. Marc Blythe, President & CEO, commented that "We were very pleased with the support shown from our existing shareholders and a few new strategic shareholders.

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Cascadia Capital's Mike Kelley Named to the M&A Advisor's "40 UNDER 40"

Cascadia Capital, a diversified investment bank serving both private and public growth companies, today announced that Mike Kelley, vice president, has been named a winner of the 5th Annual M&A Advisor 40 UNDER 40 Award in the Deal Maker category.

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Kontagent secures $4.8M financing

Mobile analytics company Kontagent which merged with PlayHaven last month was able to raise $4.8 million, according to a VentureBeat report which cited a Securities and Exchange Commission filing.

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Vadxx Energy gets financing to build first commercial plant to turn plastic waste into energy

Cleveland, Ohio-based recycling company Vadxx Energy received funding from Liberation Capital, a private equity firm, for its first commercial-scale facility that can transform plastic waste to energy.

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Black Pearl Capital Fund provides financing for Ennovar's production

A working capital facility was made available by Black Pearl Capital Fund for Ennovar's production.

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Blumberg Capital closes fund with USD150 million financing

Blumberg Capital raises USD150 million with its venture capital seed fund.

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Kior gets commitments for its second biofuel plant

Kior, the operator of the first US biofuel plant, had received financial commitments amounting to USD100 million.

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Near-bankrupt Alitalia gets lifeline from investors

Alitalia, an almost bankrupt Italian firm, had received a lifeline last Friday after the company's board approved a capital increase, reported Reuters.

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Barclays aids Detroit with lifeline financing

The city of Detroit had gotten a USD350 million debtor-in-possession financing from Barclays Plc after filing for bankruptcy last July.

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MongoDB secures USD 50 million in financing

MongoDB announced that it was able to score USD 150 million in financing from various investors.

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Deerfield provides financing to Imris

Deerfield announced today funding of a credit facility for Imris Inc. valued USD25 million.

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Sportslobster receives another USD1 million in new financing

Alongside its iPhone app launch, Sportslobster receives another USD1 million.

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