Legal & Regulatory
Modern Land offer attractive to investment hungry China
The term sheet indicated a USD150 million note with a maturity of five years for Modern Land offered to the bond market.
Deutsche Bank China receives new license
Deutsche Bank China was granted an interbank bond settlement license. An interbank bond settlement agent license was obtained by Deutsche Bank China from the People's Bank of China.
Microsoft asks EU approval to take over Nokia's phone business
Microsoft sought an approval from the European Commission to take over Nokia's phone business in USD7.49 billion deal.
BaFin announces top to bottom review of RHJI acquisition of Deutsche Bank's BHF Bank.
BaFin had said they would review the whole transaction of RHJI purchase of BHF Bank. BaFin, the German financial watchdog, had announced last Wednesday it would be needing to start from scratch in the review of the sale of Deutsche Bank AG's unit BHF Bank after BlackRock had exited from the auction.