Lloyds Banking Group asked for a two year extension from the European Commission for the sale of its 631 branches.
Investors
Suntory Set to Price Up to US$4.8 Billion
Suntory Holdings Ltd's food and soft drinks unit was set to price on Monday hoping to raise as much as US$4.8 billion.
Birla's Daughter Leads Father Into Microloans
Billionaire Kumar Mangalam Birla's daughter Ananyashree Birla offered credit to women in villages in Maharashtra state.
Echo Unveils US$1 Billion Sydney Casino Plan, Including Crown Option
Echo Entertainment submitted plans valued at US$1 billion for expansion. (Photo : Reuters)The image shows people playing in a casino. Echo Entertainment, an Australian gaming firm has submitted plans for a US$1 billion expansion.
Rio Tinto to hang on to its Diamond Business
Rio Tinto decided not to sell its diamonds arm with the company's CEO stating that the firm is well positioned to capitalize its unit on the positive market outlook.
Latest News
KIPCO's pay TV unit OSN is preparing for an IPO. (Photo : Reuters)The image is OSN's corporate logo. Kuwait's largest investment firm in terms of assets, Kuwait Projects Co, announced last Saturday that it had engaged the services of Rothschild financial group to provide advice for an initial public offer of OSN, its pay television company.
Luxoft, the software development firm of the IBS Group, is preparing for an IPO in the New York Stock Exchange.
CVC Capital Partners and Apax Partners LLP show promising results as one of the top buyout firms in Europe.
AIG's International Lease Finance Corp would do an IPO or sell of its assets to a Chinese group.
Rampant speculation on Fed Reserve actions have caused German, Italian and Spanish bonds to decline.
Bank regulators are now considering increasing the simple leverage ratio to 6%. (Photo : REUTERS)The JP Morgan Chase & Co. headquarters is pictured in New York In a surprising move, US regulators are now studying a proposal to double the minimum capital requirements for its largest banks.
Taiwan approves several foreign investments and local investors' attempt at China. (Photo : Reuters)The image is the Taiwanese flag unfurled over the business district.
Arsenal Capital Partners bought ADCO Global, a portfolio company of Aurora Capital Group. (Photo : Reuters)This is an image of a man working with adhesive tools.
Beijing Automotive established BAIC International Development Co to lead overseas acquisitions. (Photo : Reuters)The image is a snapshot of a Chinese roadway.
