Europe
Vulture funds smell blood from Spanish bank woes
A flock of "vulture" funds is gathering in Madrid in the hope that a banking sector shakeout will finally deliver a bonanza of real estate and distressed company assets at rock bottom prices.
Finmeccanica to sell Avio stake to state-led fund
Italy's Finmeccanica has agreed to sell its stake in aero-engine parts maker Avio to a state-controlled fund as it presses ahead with plans to sell around 1 billion euros ($1.
EU lawmakers back venture capital "passport"
European Union lawmakers approved a draft law on Thursday making it easier to channel funds into start-up companies from next year.
Rothschilds buy into Rockefeller wealth business
Rothschild banking dynasty agreeing to buy a stake in the Rockefeller group's wealth and asset management business to get a long-sought foothold in the United States.