Apax Partners raises funds for its latest fund Apax VII. (Photo : REUTERS)To match Insight APAX/ In a statement Friday, Apax Partners said it had raised nearly US$7.
Finance/Venture
UK Watchdog: Lloyds Must Raise GBP8.6 Billion Capital
Lloyds Banking Group must plug a capital shortfall of GBP8.6 billion after Britain's banking regulator announced new rulings on Thursday.
Eur60 Billion Euro Zone Bailout Fund to Save Banks
Finance ministers in the Euro zone agreed to systematically rescue important banks with a Eur60 billion bailout fund.
Hedge Fund Exits Rise in June, Investors Repositions in Mid-Year
Investors used the mid-year point to review fund portfolios making requests to pull out cash from hedge funds increase in June.
SBI Needs Rs3000 Crore to Merge One Associate Bank
SBI chairman Pratin Chaudhuri said that the State Bank of India needed Rs3000 crore to merge with one of its associates banks.
Latest News
Adstage receives US$100,000 seed funding from the LAUNCH Fund. (Photo : Reuters)The image is a network of computers that is online where advertising is present.
Mediobanca planned to sell almost all of its large stakes in companies after being held under pressure to improve shareholders returns.
On Friday, UBS AG surrendered its banking license in India after battling several allegations of money laundering.
According to Morgan Stanley, it has received a clearance notice to acquire the remaining 35% stake in its joint wealth management firm.
According to sources, Blackstone is interviewing banks for the initial public offering of its shopping center company, Brixmor Property Group Inc.
Intacct included Jeff Epstein into its board of directors. (Photo : Reuters)This is the logo of Intacct. Intacct, a cloud financial and management firm based in San Jose, California, said on Friday that Jeff Epstein, former Chief Finance Officer and executive vice president of Oracle, will be joining the company's board of directors.
Sun Life Financial Inc. said on Friday that the delay of its US annuity business is likely to happen as regulators conduct reviews of private investor groups.
Malaysia's Employees Provident Fund is considering to buy the remaining shares in RHB Capital. (Photo : Reuters)The image is the electronic board at Bursa Malaysia.
Indonesia’s IPO market overturned after foreign and local funds exit from Jakarta after being threatened with a wave of global volatility and valuations.
