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capital
news
Last updated: Saturday, February 6, 2010
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Barclays Bank Secures Canadian Branch License
Barclays Bank PLC today announced it has successfully secured a bank license from the Canadian banking regulator to commence and carry on business as a foreign bank branch under the name Barclays Bank PLC, Canada Branch. |
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Intel Capital Announces Five Cleantech Investments
The investments all support efforts within Intel to drive energy-efficient performance across Intel's value chain. Intel Capital invested in and works with CPower, Grid Net and iControl as part of its Smart Energy efforts that focus on utilizing Intel® Architecture solutions and industry standards to improve performance, speed deployment and enhance security in large-scale deployments. |
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GE Capital Receives Approval for TLGP Exit Plan
General Electric today announced that, at the request of GE Capital Corporation (GECC), the Federal Deposit Insurance Corporation (FDIC) has approved an application filed by GECC, which positions it to exit the Temporary Liquidity Guarantee Program (TLGP). |
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GE Capital Co-Leads $4 Billion Loan for Sears Holdings Corporation
GE Capital, Corporate Retail Finance today announced it co-led a $4 billion asset-based credit facility for Sears Holdings Corp., a leading retailer operating more than 3,800 stores throughout the U.S. and Canada. The loan will be used for working capital needs. GE Capital Markets served as joint lead arranger. |
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Obama Stimulus Bill May Include Loopholes For Venture Capitalists
Congress will begin work this week on President-elect Barack Obama's new economic stimulus plan. The American Small Business League (ASBL) is predicting President-elect Obama's stimulus plan may contain provisions that will allow wealthy venture capitalists to receive billions of dollars in federal contracts earmarked for small businesses. |
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