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Credit Suisse Acquires Majority Interest in Asset Management Finance Corporation

Credit Suisse Acquires Majority Interest in Asset Management Finance Corporation

   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).

Posted : Wed, Aug 27, 2008

Category : World-Business / Business-Finance News

Citibank Bahrain Named Best Internet Bank 2008 by Global Finance

Citibank Bahrain Named Best Internet Bank 2008 by Global Finance

   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.

Posted : Thu, Aug 14, 2008

Category : World-Business / Business-Finance News

Credit Suisse Strengthens India Investment Banking Coverage

Credit Suisse Strengthens India Investment Banking Coverage

   Credit Suisse announced today that Sughosh Moharikar and Samita Shah have joined as Managing Directors of its Investment Banking Department, based in Mumbai.

Posted : Mon, Aug 11, 2008

Category : World-Business / Business-Finance News

IFC Investment Enables Power Generation in Indonesia

IFC Investment Enables Power Generation in Indonesia

   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.

Posted : Tue, Aug 05, 2008

Category : World-Business / Business-Finance News

IBM Accelerates Investments in Emerging Markets

IBM Accelerates Investments in Emerging Markets

   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.

Posted : Tue, Jul 29, 2008

Category : World-Business / Business-Finance News

IBM Announces Plans to Acquire ILOG

IBM Announces Plans to Acquire ILOG

   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.

Posted : Mon, Jul 28, 2008

Category : World-Business / Business-Finance News

IFC to Help Banks in Azerbaijan and Central Asia Develop Mortgage Lending Programs

IFC to Help Banks in Azerbaijan and Central Asia Develop Mortgage Lending Programs

   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.

Posted : Mon, Jul 28, 2008

Category : World-Business / Business-Finance News

IFC and Partners Hold Workshop on Hydropower Project Financing in Nepal

IFC and Partners Hold Workshop on Hydropower Project Financing in Nepal

   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.

Posted : Wed, Jul 23, 2008

Category : World-Business / Business-Finance News

IFC Sharply Increases Support for Agribusiness in Africa in FY08, Helping Address Soaring Food Prices

IFC Sharply Increases Support for Agribusiness in Africa in FY08, Helping Address Soaring Food Prices

   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.

Posted : Sat, Jul 05, 2008

Category : World-Business / Business-Finance News

IFC Invests in Mixta Africa to Help Increase Affordable Housing

IFC Invests in Mixta Africa to Help Increase Affordable Housing

   IFC, a member of the World Bank Group, has invested in the shares of Mixta Africa, a real estate company operating in Africa.

Posted : Sat, Jul 05, 2008

Category : World-Business / Business-Finance News

IFC Supports Growth and Competitiveness of Central American Retailer, Grupo Monge

IFC Supports Growth and Competitiveness of Central American Retailer, Grupo Monge

   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.

Posted : Thu, Jun 26, 2008

Category : World-Business / Business-Finance News

RBC Completes Acquisition of Ferris, Baker Watts, Incorporated

RBC Completes Acquisition of Ferris, Baker Watts, Incorporated

   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.

Posted : Sat, Jun 21, 2008

Category : World-Business / Business-Finance News

IFC Partners with Belgrankorm to Expand Agribusiness in Russia

IFC Partners with Belgrankorm to Expand Agribusiness in Russia

   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.

Posted : Mon, Jun 02, 2008

Category : World-Business / Business-Finance News

ING and Atos Origin form European alliance in SEPA payment services

ING and Atos Origin form European alliance in SEPA payment services

   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.

Posted : Fri, May 30, 2008

Category : World-Business / Business-Finance News

IFC Increases Support for Private Education in Rwanda

IFC Increases Support for Private Education in Rwanda

   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.

Posted : Fri, May 23, 2008

Category : World-Business / Business-Finance News

IFC Supports Public-Private Partnership for Power Plant in Yemen

IFC Supports Public-Private Partnership for Power Plant in Yemen

   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.

Posted : Fri, May 16, 2008

Category : World-Business / Business-Finance News

Citi Settles Enron Estate Litigation for $1.66 Billion

Citi Settles Enron Estate Litigation for $1.66 Billion

   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.

Posted : Wed, Mar 26, 2008

Category : World-Business / Business-Finance News

IFC Expands Cooperation with Credit Bank of Moscow to Facilitate Foreign Trade for SMEs in Russia

IFC Expands Cooperation with Credit Bank of Moscow to Facilitate Foreign Trade for SMEs in Russia

   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.

Posted : Sun, Mar 23, 2008

Category : World-Business / Business-Finance News

Barclays to acquire Russian bank Expobank

Barclays to acquire Russian bank Expobank

   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.

Posted : Wed, Mar 05, 2008

Category : World-Business / Business-Finance News

HSBC tops poll of world's most valuable banking brands

HSBC tops poll of world's most valuable banking brands

   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.

Posted : Wed, Feb 20, 2008

Category : World-Business / Business-Finance News
 
 
 
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