A term sheet seen by Reuters revealed that Bank of America Corp would exit from China Construction Bank Corp by selling shares worth USD 1.5 billion.

Al Baraka Turk bared its plans to issue more than USD 200 million in Islamic bonds late this year or early next year.

In a filing on the Bombay Stock Exchange, the State Bank of India said that it had raised its stake in its Indonesian subsidiary by 99%.

Private equity companies Centerbridge and Anacap had been included in the list of bidders for Spain's smaller nationalized lenders.

two sources told Reuters that Emirates would hire former Standard Chartered Plc's executive Manoj Chawla as its Chief Risk Officer.

Mark Carney, Chairman of the Financial Stability Board, said banks had infused fresh capital amount to half a trillion dollars since 2009.

Fotowatio Renewable Ventures won financing from two Australian banks to finance its Royalla solar project.

The European Commission approved the restructuring plan of BCP, Portugal's largest listed bank.

Investment One Financial Services Ltd purchased the Nigeria International Growth Fund for an undisclosed amount.

A source told Reuters that the FHFA would settle the lawsuit it filed against JPMorgan Chase & Co on subprime mortgages for at least USD 6 billion.