Commercial banks

Nick Karamouzis is new Piraeus Bank management adviser

Piraeus Bank of Greece hired Nick Karamouzis as its new management adviser. Piraeus Bank of Greece hired Nick Karamouzis as its new management adviser.


Nine more banks on board for Barclays rights offering

Nine more banks were hired by Barclays to manage its rights offering next month worth GBP 5.8 billion or USD 8.9 billion.

Private equity firms are Asia's new bankers

Data from Private Equity International and Thomson Reuters revealed that private equity companies are now Asia's new bankers.

Regulators close small Florida bank; 17th bank failure this year

The Florida Office of Financial Regulation closed down the First Community Bank of Southwest Florida in Fort Myers.


Latest News

Global Analytics Holding announced that they have gathered an additional US$30 million in debt financing from Crystal Financial LLC.
Citi Commercial Bank along with City Microfinance shelled out US $2 million in financing in favor of social enterprise Kickstart International.
The CIT Group loaned from Odyssey Investment Partners an undisclosed amount to support the former's acquisition of Cross Country Pipeline Supply Co.
As JPMorgan Chase & Co. prepared its physical commodities trading exit, the "Wall Street Refiners" were set to be in the spotlight.
The Mahindra Lifespace Developers sealed a joint venture agreement with SCM Real Estate (Singapore) Pvt Ltd, Standard Chartered Bank’s investment unit, to develop residential projects in India.
Dexia CEO Karel De Boeck said he wants to avoid further capital injection from taxpayers. CEO of Dexia Karel De Boeck said he does not want any more capital boost.
Regions Bank was “attacked” Friday and it is not clear who will pay the losses. Regions Bank experienced a "Distributed Denial of Service" (DDoS) attack.
Emaar Properties, Dubai's biggest developer, requests for an adjustment of their loan terms following the S&P's positive evaluation.
Hibu Plc surrenders control of the company in exchange for a GBP 800 million debt writedown. Hibu Plc agreed to a debt writedown valued at GBP 800 million (US$1.
Investors were flocking to several states to buy a house at a lower price albeit in cold cash. What do Nevada, Florida, Vermont, and New York have in common? It's the fact that more than half of house sales in these states involved all-cash transactions.
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