With Switzerland requiring higher capital ratios, banks may be hard pressed to continue with their normal operations according to JPMorgan Chase analysts.
Investors
Svelte Medical Systems raises USD22 million in funding round
Svelte Medical Systems had closed USD22 million from its latest funding round to be used for its new heart surgery products and research.
Alcatel-Lucent SA offers shares and bonds for expansion purposes
According to Alcatel-Lucent SA CEO Michael Combes, investor confidence has returned to the French technology manufacturing firm.
Analytics specialist Rapid-I nabs USD5 million Series A funding, rebrands with new name
Rapid-I, a leader in predictive analytics market, would be using its recent funding to scale its business in the US.
Deutsche Wohnen's bid for GSW Immobilien near completion
The bid by Deutsche Wohnen AG for GSW Immobilien AG had reached 78.6% of total shareholdings. The offer made by Deutsche Wohnen AG for the purchase of residential landlord GSW Immobilien AG is considered as the largest real estate acquisition in Germany in the past five years.
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As mobile demand increases, so does data storage requirements so Google is now expanding its data centers in the Nordic region.
PurThread Technologies, a textile company which had pioneered the technology to reduce bacteria in textile fibers, received over USD7 million in funding led by board chairman Richard Bodman.
Edmond de Rothschild raises EUR192 million or USD250 million for its BioDiscovery 4 fund. The Edmond de Rothschild Investment Partners have announced the closure of its BioDiscovery 4 Venture capital fund for European life science companies.
Viva Industrials Trust had not done well in its share sale, according to Businessweek. A report by Businessweek said Singapore business and real estate trust (REIT) had opened poorly in the Singaporean stock exchange.
The European Central Bank's bets on easing euro zone rates pushed most of its government bonds up.
US fund York Capital Management invested EUR100 million in GEK Terna, one of Greece's top construction groups.
Hookipa Biotech AG, whose Vaxwave Technology, would help in the furtherance of infectious disease control and cancer management.
Investment firm's portfolio company acquired plastic coatings manufacturer in a recent transaction.
Telecom equipment maker Alcatel-Lucent launched EUR955 million in capital increase and USD750 million in high-yield bonds.
