According to Experian, Irish mergers and acquisitions declined 50%. According to Experian, a global information services company, the number of mergers and acquisitions in Ireland dropped by almost 50%.
Finance/Venture
New currency instruments expand Indian forex bourse
The opening up of the Indian forex market has allowed the stock exchange to further grow in recent times.
Investment solutions giant Deutsche Asset announces new team leader for Americas
Caroline Kitidis, who used to work for Goldman Sachs, joins Deutsche Asset & Wealth Management. Deutsche Asset & Wealth Management today welcomed into the team Caroline Kitidis, formerly head of Americas Structured Solutions Group of Private Wealth Management.
The Royalty Exchange raises US$2.1 million from Grotech Ventures
The Royalty Exchange was able to secure series A capital funding from Grotech Ventures worth US$2.1 million.
Centerbridge to invest US$216 million in Focus Financial
Focus Financial Partners stated that Centerbridge Partners agreed to invest US$216 million in a deal that was expected to close in third quarter.
Latest News
Cayman Islands and 25 European countries signed MOUs for continued hedge funds marketing in the EU. The Cayman Islands and 25 European countries signed a memorandum of understanding (MOU).
Publicis Groupe announced that they made a US$15 million strategic investment in Jana Mobile. Publicis Groupe announced that they made a US$15 million strategic investment in Jana Mobile.
Share allocation of First Citizens disappointed Permell. Peter Permell, a minority shareholder rights advocate, was disappointed by the government's allocation of shares of First Citizens Bank.
MB Financial, Inc. and Taylor Capital Group, Inc. announced that they have signed a definitive merger agreement for the acquisition of Taylor Capital.
Lenders based in Oman are developing a wakala, an agency agreement that is sharia compliant to help back their interbank financing needs.
Chinese Securities Regulatory Commission allowed Alibaba to expand its capital for the online loan enterprise.
ClubCorp Holdings hoped to raise more than US$100 million in an initial public offering of its stakes.
Dominique Strauss-Kahn joins the Russian Regional Development Bank, a Rosneft-owned bank. Dominique Strauss-Kahn joined the supervisory slate of a bank owned by Rosneft, a Russian state oil major.
Britain would only consider pension funds and insurers for the sale of its Lloyds Banking Group stocks and would rebuff private equity and foreign funds.
