China's central bank infused its local money markets with CNY 17 billion (USD 2.7 billion) and eased concern over a repeat of last month's credit squeeze.
Finance/Venture
Nomura’s Saba Nazar moves to BAML
Nomura's co-head of financial sponsors, Saba Nazar, moved to Bank of America Merrill Lynch according to a memo issued by BAML.
Top banks to get US$153 million from Barclays share sale
Barclays announced selling its shares to raise GBP5.8 billion to satisfy Britain's financial regulators demand.
Zachodni posts increase in quarterly profit after merger with Kredyt Bank
Bank Zachodni posted a record high on its quarterly profit that beat predictions from six analysts surveyed by Bloomberg.
IPD closes fourth funding round with CAD $307 mln in commitments
Integrated Private Debt Corp secures CAD $307 million financing in its fourth fund. Integrated Private Debt Corp. , a subsidiary of Integrated Asset Management Corp.
Latest News
Britain-based fund manager Nicola Horlick launched a campaign to raise seed funding for her new venture.
Barclays Plc announced that they are set to raise GBP5.8 billion through rights offering. Barclay Plc said that they are planning to raise GBP5. 8 million or US$8.
Nicola Horlick stated that she has launched a new venture, Glentham Capital, and intends to raise up to GBP150,000.
The IMF releases additional funding as part of Greece's bailout program. The International Monetary Fund announced that they approved for additional funding for Greece's bailout program.
The Swiss National Bank said that they are open to sell back the UBS assets that they took on during the global financial crisis.
According to a Boston Business Journal research, for the year 2012, North Bridge Venture Partners topped the class in terms of dollars invested.
Alexander Forbes stated in its latest annual report that it is mulling further expansion in African countries.
MVC Capital revealed that it had appointed Scott J. Schuenke as chief financial officer replacing Peter Seidenberg.
Summer Street Capital revealed that it had appointed Amy Standing as the firm's chief financial officer as current CFO, Ron Fleissner, retires.
