Gagfah will be offering 40 million shares to raise capital. Gagfah, a German real estate group, announced last Tuesday that it will be offering 40 million shares to raise capital.
Investors
NYSE Euronext takes over Libor
NYSE Euronext said that it would take over the London interbank offered rate (Libor) from the British Bankers' Association.
House approves contentious farm bill less food stamps provision
The House of Representatives approves the contentious farm bill defying a veto threat from the White House.
Source: CFTC close to a deal on cross-border policy
CFTC was close to a compromise on how the regulator's rules applied to foreign corporations dealing with banks in the US.
Oriens: US$30 million merger/acquisition, a future possibility
According to Oriens, a US$30-million merger/acquisition was a future possibility. Oriens Travel & Hotel Management Corp. (OTHM) announced that the FROL Booking Engine exceeded the company's expectations.
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Calpers, a US $259 billion fund, delays the launching of its database that would make known information about their pensioners.
Fund manager John Paulson lost 65% worth of its gold fund this year after the portfolio fell by 23% last June.
US venture firm fundraising activity decreased 54% in the second quarter this year. There was a decline of 54% in fundraising by US venture-capital firms in the second quarter.
ECB's executive board member said that the bank's interest rates would remain the same as long as inflation stays moderate.
According to data from Reuters, adviser departures in 2013 were lower than 2012. There were about 200 teams of veteran advisers who moved so far this year until the end of June.
India's commerce and industry minister, Anand Sharma, said that India was ready to begin talks regarding bilateral investment treaty.
Leaps's average 1,320 contracts per day climbed to 7,139 contracts which raised questions from options analytics.
Merrill Lynch offices in New York and Washington D.C. hired advisers from rival, Morgan Stanley. Bank of America Corp's Merrill Lynch hired veteran brokers from its rival, Morgan Stanley Wealth Management.
According to Michael Steinberg's lawyers, his trial might be biased due to the wall-to-wall media coverage.
