Credit Suisse is shunning low yield, high number moderately rich segment for high yield, low number ultra rich market segment.
Industry
Apollo to Get US$200 Million Loan For Housing Acquisition
Deutsche Bank has arranged a US$200 million credit line for Apollo Global Management LLC as a means to purchase single family rental homes in the US.
Twilio Inc. To Get US$70 Million for Expansion on Mobile Messaging
Twilio Inc. raised US$70 million from venture capitalists where funding was headed by Redpoint Ventures.
Ontario Teachers To Vote for Sprint-SoftBank Deal
The Ontario Teachers Pension Plan will vote for the Sprint-SoftBank deal as it is the fifteenth biggest shareholder in Sprint Nextel Corp.
Royalty Pharma Increases Bid For Elan to US$8 Billion
Royalty Pharma raised its hostile bid for Irish drug firm, Elan from US$12.50 to US$13. (Photo : Reuters)The image is the corporate logo of Royalty Pharma, the healthcare focused equity fund.
Latest News
ISS and Glass Lewis at odds as to the removal of the CEO and Chairman for real estate GSW Immobilien AG.
Vodafone, to entice it to sell off its share in the joint venture with Verizon Communications, would require something between US$135 billion and US$140 billion.
Samsung lost US$12 billion market value after the slowing sales of its flagship smartphone, Galaxy S4.
Myanmar opens its doors to foreign investors to explore the country's abundance in natural gas.
The acquisition of Smithfield Foods Inc. by a Chinese company has raised contradictions in the US over its benefits.
Centrica PLC is in discussion with Cuadrilla Resources to buy a stake in its licenses for the exploration of shale gas fields.
General Motors Co expands a maintenance program to boost revenue while still looking at share buyback and dividend.
Glencore Xstrata is banking on US LNG boom to allow market entry into the tight knot LNG trading market.
American International Group Inc. (AIG) gets missed payments from a buyer group in China. (Photo : REUTERS)American International Group Inc, the insurer rescued by the U.
