Tags: Banks
Atlantis, The Palm finalizes loan facility worth USD880 million
Several local and international banks come together to provide a loan facility worth USD880 million for Atlantis, The Palm.
Appeals court rules in favor of National Credit Union Administration for MBS claims
The US Court of Appeals in Denver ruled for the National Credit Union Administration and allowed it to use the extender statute to pursue its claims against big banks regarding MBS.
Chinese banks reduce loans to development projects in smaller cities: economist
A state think-tank said Chinese banks have reduced loans on property developments in smaller cities because of the glut in unsold homes there.
MB Financial acquires Taylor Capital
MB Financial, Inc. and Taylor Capital Group, Inc. announced that they have signed a definitive merger agreement for the acquisition of Taylor Capital.
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India’s Road Minister Oscar Fernandes said that unless major lands are handed over, financial institutions that would lend for the construction of expressways in the country could possibly shy away.
Miami is reported to top US in foreclosures amid private-equity buying and bank property selling. In a report where areas were ranked by foreclosure rates released in June, Miami came at the top among major U.
Banks computed risks differently, according to Basel Committee. The Basel Committee said that results of its study show variations in how 100 banks compute risk.
To achieve the 3% leverage ratio target proposed by Basel, analysts claimed that Deutsche Bank still has to increase its capital or decrease its assets by 409 billion Euros.
Grandpoint bank signs agreement to acquire Gilmore Bank (Photo : Reuters)Grandpoint Banks signs agreement to acquire Gilmore Bank Grandpoint Bank made the announcement today that they entered an agreement to acquire Gilmore Bank.
The IPO of Associated Materials is well on its way as it chose the banks to manage the sale. (Photo : Reuters)The image is a home building store. The plan to introduce shares of Associated Materials to an IPO is well underway as buyout firm Hellman & Friedman LLC has picked the banks to manage the home building materials manufacturer's share sale.
Alibaba recently landed an US$8 billion syndicated loan as a prelude to an IPO. (Photo : REUTERS)An employee walks past a wall painted with logo of Alibaba (China) Technology Co.
Zalando, an online clothing retailer said that banks contacted the company several times for a possible initial public offering.
Swedish big banks' capital strength are more vulnerable to risk than what appears on paper. (Photo : Reuters)The image is the face of a Swedish kronor bill.
Banks from Switzerland are being pressured by European and United States governments to release private information.