Merchant banks

US banks have observed a fresh decline in loan demand for industrial purposes and household demand for credit during the first quarter of the year, according to a Federal Reserve survey.

Australia's Macquarie Bank will eliminate the use of cash at its branches later this month as part of its transition to a fully digital offering...

Warren Buffett-backed Capital One is set to acquire US credit card issuer Discover Financial Services in an all-stock deal valued at $35.3 billion...

India's securities market regulator Sebi is upgrading and strengthening its surveillance system on commodity exchanges (CommExes). Recently, Sebi has barred 16 commodity trading members from trading f..

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The Gulf region, after years of doldrums, is now on the road for recovery according to Morgan Stanley executives.

JPMorgan to pay FHFA USD5.1 billion as settlement for loans and mortgage backed securities issues.

The consortium running the Cameron LNG Project has lined up loan financing for the capitalization needed for the project.

A USD2 billion loan was paid off in full by state owned IPIC from RHB Capital.

The investigation into improprieties related to mortgage backed securities hinges its legality in a 1989 law.

Saudi Arabia borrowers hired HSBC to manage their debt and equity capital market deals.

Share trading of Chong Hing Bank and its parent company were suspended temporarily pending confirmation of the sale of the bank to Yue Xie Group.

Royal Bank of Scotland US subsidiary Citizens Financial Group is bidding out nearly 105 branches with USD6 billion in deposits and USD2.4 billion in loans.

Under new Bank of Canada Governor Stephen Poloz, the bank retained its benchmark interest rate level for the 24th consecutive month.

Nearly USD1 billion would be the settlement amount to be paid by Rabobank for allegations of interest rate manipulation for the Japanese yen.