In a bid to uplift consumer confidence, Beijing's Central Huijin Investment Co had invested in banks in the form of share purchases.
Finance/Venture
Tom Hayes Charged in UK Libor Manipulation Probe
Tom Hayes, former trader at UBS AG and Citigroup Inc. was charged into manipulation of London interbank offered rate.
Scott Sage promoted as DFJ Esprit partner
DFJ Esprit promoted its old employee, Scott Sage, to partner. DFJ Esprit recently announced the promotion of Scott Sage to partner. Sage has previously worked on the company as a venture capitalist and partner to many portfolio company decision-makers.
Franklin Templeton gains 100 percent stake at Pelagos Capital
Franklin Templeton completed its buyout of Pelagos Capital Management. (Photo : Reuters)This is the logo of Franklin Templeton Investments. Franklin Templeton Investments finalized a deal to acquire the remaining 80 percent stake of Pelagos Capital Management, an investment firm focused in alternative investments.
Kutt included into Hunton & Williams' finance team
Nathan J. Kutt is hired as member of Hunton & Williams' financial section. Hunton & Williams LLP, a legal services provider to financial institutions, large scale companies, governments and personal aid, hired Nathan J.
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Tunisia received loan facility from IMF to boost capitalization of local banks. (Photo : Reuters)The image is the corporate logo of the International Monetary Fund.
A letter from the Economic Ministry requests removal for the voting rights ceiling currently in force at Banca Monte dei Paschi di Siena SA.
Formerly i2A Fund II, Chicago Ventures recently announced its close on a $40 million Series A fundraiser.
Piper Jaffray finalized its deal to buy M&A firm Edgeview Partners. Asset management bank and investment firm Piper Jaffray Companies announced on Monday that it has finalized the deal to acquire Edgeview Partners, LP.
China Cinda Asset Management Corp. planned its initial public offering with Bank of America Merrill Lynch, Goldman Sachs, UBS and Credit Suisse formally set to work.
Britain's Co-operative Group agreed on a plan to plug US$2.4 billion capital hole to avoid a repeat of the taxpayer funded bailouts at the time of the financial crisis.
Jon Grossman is hired as Campton Private Equity Advisors' new senior advisor. (Photo : Reuters)This is an image of investors watching the market's visualization.
MMTC Ltd. planned to raise 400 billion rupees through asset sales that were set at discounted 71% minimum bid price.
Macro hedge funds are using the recent sell-off in the Mexican peso as a buying opportunity. (Photo : Reuters)The image shows different currencies against the US dollar.
