Finance/Venture

Update: Sprott and CITICPE Joint Venture a No Go

Sprott and CITICPE joint venture would not proceed as planned. (Photo : Reuters)The image shows the facade of a Chinese bank operated by the CITIC Group, who also operated CITICPE HK.


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Russia's Gazprombank has withdrawn from the Swiss franc Tier 2 Bond deal, source revealed.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.

Mairs & Power Prepares for Bill Frels' Retirement

Mairs & Power Prepares for Bill Frels'Retirement (Photo : Reuters)This is the logo of Morningstar, who gave Mairs & Power Growth and Balanced funds a Silver Analyst Ratings under Bill Frels' leadership.

Temasek Holdings-- optimistic about China amid recent interbank credit crunch

Temasek Holdings, an investment company belonging to the Government of Singapore, hold on to their stocks of China's top banks.


Latest News

The European Parliament approved a plan that would fix carbon market glut and resolve problems regarding its price plunge.
Royal Bank of Scotland Group Plc's competitors were eyeing its defined retail merchandise and equity derivatives trade after being bailed out.
Angel investors in India opposed a new three-year lock in rule by Sebi. (Photo : Reuters)This is an image of the Indian flag. The biggest angel investor group in Asia, India Angel Network, stated its apprehension over Sebi's proposal to do a lock in period for angel investors lasting three years.
Douglas Holding Ag was the final bidder for Sephora's rival, Nocibe after offering Euro 500 million.
India's CPSE was urged by the finance minister to either invest its surplus funds or give to those who will.
Revolver Resources Inc. recently made its new investment public. This comprised of 10 million new units that was anticipated to earn US$300,000.
George Foreman is Ziegler's new finance advisor. (Photo : Reuters)This is the company logo of Ziegler. Specialty investment bank and full service brokerage company Ziegler announced today that it has named George Foreman as its newest financial advisor.
A research analyst said that investment banks are eyeing a launch of hedge funds targeting the retail sector.
Actis Capital sold majority stake of Vesta to Illinois Tool Works Inc. (Photo : Reuters)This is the logo of Illinois Tool Works Inc. , which acquired Vesta, a Chinese kitchen equipment maker.
Brazilian billionaire resigned from his company, MPX Energia. (Photo : Reuters)This is Brazilian billionaire Eike Batista. Brazil's richest man Eike Batista said today that he resigned as the chairman of MPX Energia SA.
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