Investment banks

WorldPay was able to raise US$1.08 billion loan equivalent for dividend and debt payment purposes. WorldPay, the payment processing company from Great Britain, has announced the success in its raising of a GBP700 million or US$1.

Concerns about money laundering and violations of the Bank Secrecy Act hold back M&T Bank's purchase of Hudson City Bancorp Inc.

Eurozones finance ministers will meet in Dublin on Friday to discuss a bailout for Cyprus, the cost of which has rise to 23 billion euros from 17.5 billion euros.

Hub International is being sold off by owners Apax Partners and Morgan Stanley. Apax Partners, the buyout firm and the private equity unit of Morgan Stanley is now in the process of exploring the sale of Hub International, the insurance brokerage firm based out of Chicago.

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Pramerica rates and structure allows for newer and better collateralized loan obligations to be utilized in the market.

The U.S. Securities and Exchange Commission has adopted new rules that require stock brokerages, mutual funds and investment advisers to establish programs to help detect identity theft.

The recent decline of an offer and its sudden stop in its search for a partner has put Gleacher in deeper issues moving forward.

Nomos Bank would offer a dollar denominated Eurobond through a roadshow. The Russian financial institution Nomos Bank is one of the few banks in Russia listed in the country's stock exchange.

Telecom Italia's investors meet to discuss future moves Telecom Italia SpA's stockholders are meeting today to discuss its future moves on votes to be made at the annual shareholders meeting of the largest phone company of Italy.

VTB purchases minority stake in Tricolor. VTB Capital announced today the purchase of minority shares in the largest Russian satellite TV operator, National Satellite Company, operating under the brand Tricolor TV.

A US$3 million loan was granted by Square 1 for the expansion goals of SteadyMed. Square 1 Bank has announced it has opened a US $3 million term loan credit facility to SteadyMed Therapeutics.

The Bank of Shanghai is preparing a US $2 billion offering in Hong Kong and Shanghai bourses. The Bank of Shanghai is planning to seek US$2 billion in an IPO in Hong Kong.

The mystery lender who financed Thai billionaire Dhanin Chearavanont's $9.4 billion acquisition of HSBC's 15.6 stake in Ping An Insurance Group Co.,China's second largest insurer, had been named.

Mitsubishi UFJ Finance Group is in discussion to acquire US commercial property loans from Deutsche Bank.