NYSE Euronext bought a minority stake in startup ACE Group Inc. NYSE Euronext acquired a minority stake in ACE Group Inc. No financial terms were disclosed.
Finance/Venture
Russian Euro and dollar denominated bonds available
The benchmark debt from Russia has now been made available expecting a windfall after US Fed Reserve remarks on scaling back stimulus expenditures.
New York's Opera board supports the move of GM George Steel
GM George Steel found supporters in New York's Opera board for his demand for USD7 million for the year.
Scandinavian banks have been called out by S&P analysts
Standard and Poor's analysts have criticized the practice of Scandinavian banks. The biggest banks of Scandinavia have failed to curb risks of financial innovation and would avoid downgrades unless national regulators requiring stricter measures, according ratings agency to Standard & Poor's.
Apollo Global Management okays acquisition of NCG Banco's Evo Banco
Apollo Global Management would be buying Evo Banco for USD 79 million. Apollo Global Management agreed to acquire Evo Banco for EUR 60 million or USD 79 million.
Latest News
Sentix Research Group reported that investor sentiment in the Euro zone was positive and upbeat this month.
Ping An Bank would sell more than 1 billion in new shares to its parent company Ping An Insurance to raise core capital.
Monte Paschi announced that it would approve a stricter restructuring plan on September 24 to qualify for a state bailout.
Islamic lenders Al Salam Bank and BMI Bank agreed on a share swap merger deal. According from a statement released on Monday by Islamic lender Al Salam Bank, it had agreed on merging with fellow Bahrain-based lender BMI.
China establishes free trade zone to help liberalize yuan trade. In an expected move, China had issued a directive to allow free exchange of the yuan currency within the borers of its first free trade zone.
Muthoot Finance announced the construction of new ATMs to expand its operations. One of the leading gold financing firms in India, Muthoot Finance, had drafted plans to construct 250 white label ATMs in the next three months.
The General Administration of Customs registered above projected numbers in terms of overseas shipments.
Three teenage 'exorcists' claim UK is overcome by Satan's work and spells from Harry Potter.
Slovenia officials said on Friday that it had planned liquidation of two small lenders to ensure financial stability.
