Europe
Wizz Air sets for IPO, assisted by Barclays PLC, Citigroup and JPMorgan
According to sources, Barclays PLC, Citigroup Inc and JPMorgan Chase & Co. are set to manage Eastern Europe's largest budget carrier, WIzz Air's initial public offering.
Telefonica Halts Plans for Colombian IPO, Waiting on Election Results
Telefonica SA, Spain's top broadband and telecommunications provider plans to hold off initial public offering of Colombia division because of government talks.
Deutsche Bank Needs More Capital under Basel Proposal
To achieve the 3% leverage ratio target proposed by Basel, analysts claimed that Deutsche Bank still has to increase its capital or decrease its assets by 409 billion Euros.
Gazprombank rather wait, postpones negotiations on Swiss Franc Tier 2 Bond Deal
Russia's Gazprombank has withdrawn from the Swiss franc Tier 2 Bond deal, source revealed. (Photo : maximzimin. com)Gazprombank pulls out of deal allegedly While the third largest bank belonging to the Russian Federation, Gazprombank, has yet to give an official statement on this move, the source confirmed that the bank preferred to wait for better market conditions before continuing on with the Swiss Franc Tier 2 deal.