Commercial banks

Tokyo Electric's debtors allow debt roll over for the stricken power utility firm. Twenty eight financial institutions, including Sumitomo Mitsui Banking Corp have agreed to roll nearly a JPY77 billion or USD783 million syndicated loan for Tokyo Electric Power Co due to become mature by month's end.

Taking the loss as a personal matter, CEO Jamie Dimon's JP Morgan reported a loss for the third quarter of 2013.

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

A total of USD237.1 million was given to Rostelecom by Deutsche Bank and Russian Direct Investment Fund for over 72 million Rostelecom ordinary shares.

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Vitol SA obtains favorable LIbOR for its one year and three year credit lines. The world's largest independent oil trader, Vitol SA, would be raising USD7 billion worth of loans at the same rate pegged for its nearest competitor, Glencore Xstrata Plc.

VTB would sell off its shareholdings in Rosbank to Societe Generale and Societe Generale would sell some Russian assets to VTB.

New EU rules had been set to be implemented in 2018 left investors uncertain of their next move. The European Commission had set a new framework for bank bailouts in July as taxpayers expressed outrage over using tax money to fund lenders in financial trouble.

Market sources had told Reuters that Bank Gospodarki Żywnościowej (BGZ) SA would be getting a potential bid from PZU Group-backed Alior, a Polish lender.

The Chinese government would be easing regulations for foreign lenders seeking to do business in the newly-opened Shanghai free trade zone.

Applications with the Federal Anti-Monopoly Service was filed by two Bank Rossiya as they bid to purchase shareholdings in Tele2 from state backed bank VTB.

Lloyds Banking Dublin portfolio creates buzz for investors. A number of US investment companies such as Apollo Global Management LLC, Goldman Sachs Group Inc and Lone Star Funds have forwarded their bids for 25 properties located in Dublin to be sold off by Lloyds Banking Group.

TCS Group Holding would be holding an IPO in London for its retail banking unit. TCS Group Holding Plc bared its plans to conduct an initial public offering in London for Tinkoff Credit Systems Bank.

Nykredit would be refinancing its DKK 11 billion debt through preferred stock issuance and contingent convertible debt.

General Electric Capital Corp would be divesting its stake in GE Money Bank in an IPO scheduled in the fourth quarter.