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Credit Suisse Group today announced the acquisition on behalf of its Alternative Investments business of a majority interest in Asset Management Finance Corporation (AMF) from National Bank Financial of Canada (NBF).
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Citibank Bahrain today announced that it has received Global Finance magazine’s award as "Best Internet Bank 2008" in Bahrain in the first round of awards.
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Credit Suisse announced today that Sughosh Moharikar and Samita Shah have joined as Managing Directors of its Investment Banking Department, based in Mumbai.
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IFC, a member of the World Bank Group, has invested in PT. Makmur Sejahtera Wisesa, a subsidiary of PT. Adaro Energy Tbk, to help build a power plant that will address energy shortages in Indonesia.
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IBM (NYSE: IBM) today announced it has opened three centers of excellence in China, Mexico and India to provide clients with access to the latest technologies and processes in banking, retail and service management arenas.
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IBM (NYSE: IBM) and ILOG (NASDAQ: ILOG; Euronext: ILO, ISIN: FR0004042364) today announced they have signed an agreement regarding a proposed acquisition by IBM of ILOG to be implemented by way of concurrent cash public tender offers in both France and the United States.
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IFC, a member of the World Bank Group, has launched the Central Asia and Azerbaijan Mortgage Lending Advisory Project, which focuses on serving the banking sector in Azerbaijan, Kazakhstan, Kyrgyzstan, and Tajikistan.
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IFC, a member of the World Bank Group, the Independent Power Producers’ Association of Nepal, the Nepal Banker’s Association, and the Nepal Hydropower Association today held a workshop on hydropower project financing to help promote investments in the sector.
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IFC, a member of the World Bank Group, today announced a new financing transaction that takes its annual investments in Africa’s agribusiness sector in fiscal 2008 to more than $70 million, a five-fold increase over its average for the last three years.
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IFC, a member of the World Bank Group, has invested in the shares of Mixta Africa, a real estate company operating in Africa.
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IFC, a member of the World Bank Group, today signed an agreement to help Grupo Monge Holding S.A., a family-owned retailer of household goods and electronics in Central America, expand its operations in El Salvador, Guatemala, and Honduras, increasing access to consumer credit for low-income customers.
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The acquisition enhances the mid-Atlantic presence of RBC as part of its national wealth management network in the U.S., and will establish a new seventh region for RBC Wealth Management comprised of FBW locations.
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IFC, a member of the World Bank Group, is supporting Belgrankorm Group, a leading crop and meat producer in Russia, to increase the company's production capacity and introduce best practices in corporate governance and environmental and social sustainability.
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ING and Atos Origin have launched a joint offering of end-to-end services for back-office payment processing to banks and corporations within Europe.
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IFC, a member of the World Bank Group, will support lending to schools and education services providers in Rwanda, in partnership with Banque Rwandaise de Developpement.
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IFC, a member of the World Bank Group, today signed an advisory agreement with Dr. Mustafa Bahran, Minister of Electricity and Energy of the Republic of Yemen, to help the government mobilize private investment for a new gas-fired independent power generation plant.
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Citi today announced it has reached settlement agreements resolving the two largest remaining claims against Citi arising out of the collapse of Enron in 2001. Both settlements are fully covered by Citi's existing litigation reserves.
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IFC, a member of the World Bank Group, today announced that it will increase the trade finance guarantee facility for the Credit Bank of Moscow, a private bank offering universal banking services.
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Barclays Bank PLC has entered into an agreement with Petropavlovsk Finance to acquire 100% of Expobank for a consideration of approximately $745 million which Barclays will finance out of existing cash resources.
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HSBC, Europe's largest bank by market value, has been named the world's most valuable banking brand according to the Banker magazine's Top 500 Financial Brands listing.
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