Sectors
Commerzbank taps Giesbert in fixed income & currencies and trading arms merge
The bank recently assigned Nikolaus Giesbert to head the newly merged fixed income and currencies sales and trading arms division.
Porsche continues to face legal battle against hedge fun cartel claims
Porsche faces court battles with investors over volkswagen AG. Porsche SE continues to face new legal battles against investors over their aborted purchase of Volkswagen AG.
Coca Cola launches new healthy drink in Thailand
Coca Cola introduces Huba, its new herbal tea drink, in its Thailand market. Coca Cola initially launched in Thailand its new herbal tea drink, Habu.
Bank of America keeps name dissolves Merrill Lynch unit
Bank of America will dissolve Merrill Lynch & Co. but will continue to keep name. Four years after it was acquired by Bank of America Corp. , Merrill Lynch & Co.
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Swire Pacific chairman Christopher Pratt, retires and is replaced former Cathay Pacific chief executive officer.
ParknShop, the biggest supermarket chain in China received bids from companies such as Woolworths, KKR and other investors.
The venture firm hires Todd Papaoiannou as its Entrepreneur in Residence. An infrastructure venture hedge fund focused on early stage Big Data developments had recently announced that it had appointed Dr.
Marriott planned to sell its three Edition hotels in London, South Florida and Manhattan upon completion of their construction.
Wells Fargo and Co agrees to buy ING Real Estate Finance debt worth US$1.6 billion. Wells and Fargo Co agreed to purchase the twenty-nine loans incurred by ING Real Estate Finance debt.
The losses sustained by the owners of the NY Times because of the website being down is still to be calculated.
Watami Japanese chain of restaurants reveals plan to construct solar stations for Hokkaido. Watami Co (Watami) has announced that it will be building a solar station with Community Wind Power in Hokkaido, a northern island in Japan.
The US Securities and Exchange Commission approved the takeover by IntercontinentalExchange of NYSE Euronext.
Sources told Reuters BaFin gave investors interested in buying BHF-Bank until the end of August to give the information it needs to approve the sale or not.
Deutsche Bank AG increases structured notes deals bound to Agricole Credit according to a report by Bloomberg.