Two sources told Reuters on Sunday that Vodafone proposed a new bid for Kabel Deutschland early on Monday.

Lloyds Banking Group asked for a two year extension from the European Commission for the sale of its 631 branches.

CVC Capital Partners and Apax Partners LLP show promising results as one of the top buyout firms in Europe.

Bank regulators are now considering increasing the simple leverage ratio to 6%. (Photo : REUTERS)The JP Morgan Chase & Co. headquarters is pictured in New York In a surprising move, US regulators are now studying a proposal to double the minimum capital requirements for its largest banks.

The contraction of the economy and cash shortages have been stretching the management abilities of the newly installed leadership of the Chinese Communist Party.

Fed Reserve Chairman Ben Bernanke's remarks have caused major tumbles in world financial markets.

Stock markets fell after a comment by Fed chairman Ben Bernanke stating its plan to pull back monthly purchases of assets.

Japan planned to limit spending excluding payment of debts for the next two fiscal years. (Photo : Reuters)The image shows a man passing by the electronic board that displays Nikkei shares closing prices.

Asian markets buckled badly after the Federal Reserve indicated eventual end to free money on Thursday.

On Thursday, the Swiss National Bank announced that Credit Suisse and UBS must cut their debt levels that still top international rivals.