TD Bank entered into an agreement with Aeroplan under Aimia's management. (Photo : Reuters)The image is a TD Canada Trust Bank branch on a busy sidewalk.
Finance/Venture
UBS uplifts commodity trade finance
Swiss bank UBS boosts its commodity trade finance as it makes cuts in investment banking. (Photo : Reuters)The image is the UBS sign on its corporate headquarters.
Segro and Public Sector Pension Investment Board ventures
PSPIB and Segro partnered to form new venture. (Photo : Reuters)This is the logo of Segro. The United Kingdom's biggest publicly traded proprietor of industrial assets Segro Plc (SGRO) ventured with Canada's Public Sector Pension Investment Board.
China markets recover while credit crisis fear decline
China continues to get better as their credit crunch improves through central bank's efforts. (Photo : Reuters)The image is a bank teller counting yuan.
Bonds, oil, shares boost as Fed worries relieve
The upbeat statistics on shares, bonds and oil continue to improve after US central banker's attempt to ease fear.
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Last Wednesday, Religare announced the investment of US based bank, Customers Bancorp Inc valued at US$51 billion.
Itau Unibanco bought 99.99% of BMG Seguradora. (Photo : Reuters)The image is an Itau Unibanco branch, the top global debt manager. The largest private sector bank in Brazil, Itau Unibanco Holding SA, had entered into an agreement to purchase insurance firm BMG Seguradora SA for the price of 85 million reais or US$39 million.
Duke Street bought 35 percent of Paris-based Tikehau. (Photo : Reuters)This is a region in France where Tikahau Group holds headquarters. Duke Street agreed to partner with Tikehau Group, a private investment company based in Paris, France.
Jim Douglass was announced as Fulcrum's new partner. (Photo : Reuters)This is the logo of Fulcrum Equity Partners. Fulcrum Equity Partners announced today that Jim Douglass as its new partner.
A high profile lawsuit was filed against venture capital firm Kleiner Perkins Caufield & Byers by an ex-partner with allegations on harassment, retaliation and discrimination.
According to an IFR report, UK mutuals may not be able to survive the tough new regulations imposed by UK authorities.
The Chinese securities regulator grants mutual fund licenses to HSBC and Citigroup. (Photo : REUTERS)Banking group HSBC has settled a case brought by a fund over losses it suffered during the collapse of fraudster Bernie Madoff's financial empire, potentially paving the way for more claims against fund custodians.
After a previous disapproved bond issue, British Airways again attempts to float asset backed bonds to raise funds.
Tilal Development Co would be issuing a sukuk whose proceeds would be used to pay off debts and expand the Muscat Grand Mall.
