Sources say The Rubicon Project Inc hires Morgan Stanley, Goldman Sachs Group Inc for IPO
Morgan Stanley and Goldman Sachs Group Inc were hired by The Rubicon Project Inc to lead its IPO next year.
Commercial banks
US Banks See Loan Demand Drop, Fed Survey Says
US banks have observed a fresh decline in loan demand for industrial purposes and household demand for credit during the first quarter of the year, according to a Federal Reserve survey.
US Regulators Take Hold of Troubled Lender Republic First and Agree to Sell It to Fulton Bank
US regulators have taken hold of Republic First Bancorp and arranged to sell it to Fulton Bank...
HSBC Is Considering Selling Some Business Units in Germany to Focus on Asia as It Further Exits From Europe
HSBC is reportedly considering selling various business units in Germany...
Swiss Banking Giant UBS Intends to Broaden Business Footprint in the US
Swiss banking giant UBS intends to seek merger and acquisition opportunities in the United States in the years ahead...
Investors Led by Ex-Trump Official Invest $1 Billion to Troubled US Bank
Steven Mnuchin, the US Treasury Secretary under former president Donal...
Warren Buffett-Backed Capital One to Buy Discover Financial in $35 Billion Deal
Warren Buffett-backed Capital One is set to acquire US credit card iss...
Latest News
BNP Paribas says it will purchase Polish unit of Rabobank Groep in EUR 1 billion deal
BNP Paribas, the largest bank in France, said it will be buying Bank Gospodarki Zywnosciowej, the Polish arm of Dutch bank Rabobank Groep, for EUR 1 billion.
Australia's Westpac gets approval for Lloyds acquisition
Westpac Bank has received approval from the Australian Competition and Consumer Commission to purchase the Australian assets of Lloyd's Banking Group for USD1.45 billion.
Top deals of the day - bids, mergers and acquisitions
The following bids, mergers, acquisitions and disposals were reported on tuesday including Adcock Ingram, Energa, Nordea Bank, Alitalia, Ben Venue, TIM Participacoes, Douglas, Mercator, Novartis, Onco
Square 1 Bank provides $4.5M loan to Chicago-based Sittercity
A USD 4.5 million credit facility was granted to Chicago-based online provider for in-home care Sittercity by Square 1 Bank, a bank that exclusively caters to the needs of entrepreneurs and the ventur
Wal-Mart keeps Bank of America to run $18 bln 401(k) plan
Wal-Mart Stores Inc is sticking with Bank of America's Merrill Lynch unit to run its 401(k) program with $18 billion in assets, Wal-Mart confirmed on Tuesday.
Sources say Citigroup Inc intends to give two insurers rights to distribute products in Asia
Sources interviewed by Bloomberg said Citigroup Inc is planning to give distribution rights to sell its products in Asia to at least two insurance firms.
Sources say Maybank's Etiqa mulling bid for Mega Life Asuransi Jiwa
Malaysia-based Etiqa, the insurance unit of Maybank, is said to be thinking of bidding for Indonesian insurer Mega Life Asuransi Jiwa, according to sources interviewed by Bloomberg.
Canadian lenders look to wealth management for earnings growth- report
Canada's largest lenders are turning to wealth management to spur growth in the wake of the slowdown in capital markets and lesser borrowing among consumers, a Bloomberg report said.
Gaelectric raises EUR90 million for wind project
Gaelectric has received a funding of over EUR90 million from Irish and German sources for its third operating wind farm project in Dunbeg. Earlier this year, the wind farm company nabbed EUR65 million
