Mitsubishi UFJ Finance Group is in discussion to acquire US commercial property loans from Deutsche Bank.
Commercial banks
Pramerica CLO Is CLO ver.2.0
Pramerica rates and structure allows for newer and better collateralized loan obligations to be utilized in the market.
Gleacher Further Mires in Turmoil
The recent decline of an offer and its sudden stop in its search for a partner has put Gleacher in deeper issues moving forward.
Nomos Bank of Russia To Go on Roadshow
Nomos Bank would offer a dollar denominated Eurobond through a roadshow. The Russian financial institution Nomos Bank is one of the few banks in Russia listed in the country's stock exchange.
Four Major Shareholders in Telecom Italia to Discuss Future
Telecom Italia's investors meet to discuss future moves Telecom Italia SpA's stockholders are meeting today to discuss its future moves on votes to be made at the annual shareholders meeting of the largest phone company of Italy.
Latest News
The merger of the National Bank of Greece and its subsidiary NFG Eurobank is suspended until further notice.
China's big banks are not providing more credit to small and microsized firms. According to a researcher, the big banks of China are not lending more to the smallest firms.
The government is seeking venture capital financing for growth without affecting its bottom line. Finland is maximizing venture capital financing as a means to spark the economy out of the doldrums without affecting its current AAA ratings.
Unbeknownst to many, UBS was the financial backer of CP Group in its purchase of a stake in Ping An Insurance of China.
Sterling Bancorp was purchased by Provident New York Bancorp for US$344 million. Provident New York Bancorp has announced its purchase of Sterling Bancorp through a stock deal amounting to US$344 million.
JinkoSolar obtains a RMB360 million loan facility from China Development Bank. The leading private venture solar power products manufacturer, JinkoSolar Holding Co Ltd announced the signing of a RMB360 million or US$58 million loan agreement with China Development Bank.
Allianze, through its CIO criticized the handling of block sales of firms resulting in retained shareholdings by the bank.
Unicredit has announced the implementation of a buy-back scheme for outstanding bonds. Italy's largest bank in terms of assets had announced it would be buying back senior bonds.
Belgian firm Alfacam is now in rough waters financially after its credit line was cut off for breach of covenants.
