According to the Royal Bank of Scotland, approximately USD50 billion collateralized loan obligations could be refinanced in the next two years.
Europe
Heineken and Carlsberg look to Asia, new products to meet yearly earnings
Beer makers Heineken and Carlsberg said they would be looking to Asia and their new product offerings to meet their forecasted earnings this year.
Lloyds sells German life insurer for EUR 300 million to Cinven and Hannover RE
Lloyds Banking Group announced its sale of Heidelberger Leben for EUR 300 million to Cinven and Hannover RE.
Norway approves Africa Israel Investments, Danya Cebus for sovereign wealth fund investment
Norway said its sovereign wealth fund could now include Africa Israel Investments and its subsidiary company Danya Cebus in its investment portfolio.
Sergei Shvetsov heads new Russian "mega-regulator"
Sergei Shvetsov was named as the head of a new Russian "mega-regulator" to oversee the country's financial markets.
Latest News
W&G Investments PLC planned to offer Royal Bank of Scotland GBP1.5 billion for more than three hundred of its branches.
Cairn Energy Plc to start drilling campaign on September. Cairn Energy Plc (CNE) targeted a drilling campaign in Morocco, Senegal and Ireland on September.
Socialspiel received EUR200K new funds from angel fund FLOOR13 and ex-Rockstar Games veterans, Clemens Beer and Mike Borras.
UK regulator warns Cineworld might have to let go of three complexes. Cineworld might just have to let go of their recently acquired complexes at Aberdeen, Bury St Edmunds and Cambridge as the Competition Commission released their provisional findings last Tuesday.
KKR inked a definitive agreement to buy RigNet Inc from Cubera. Leading investment company Kohlberg Kravis Roberts & Co (KKR) signed a definitive agreement to acquire RigNet Inc.
Hannover Re said it was in talks with Lloyd's Banking Group-owned Heidelberger Leben for a possible purchase of a minority stake.
Cairn Energy said its planned explorations in Northwest Africa and Ireland yielded up to 25% chance of success compared to its exploratory project in Greenland.
Glencore announced plans to sell off parts of recently acquired Xstrata assets. Glencore took a hit on Xstrata's mining assets for USD 7. 7 billion on Tuesday .
GSW Immobilien said it would study the EUR 1.75 billion takeover bid of Deutsche Women before giving any comment.
