Corporate Finance Business Capital

  • *Bank sells UK insurance business in $1.2 billion deal. FRANKFURT, Sept 28- The German government denied it was working on a rescue of Deutsche Bank as Germany's biggest lender boosted its balance sheet by selling its British insurance business on Wednesday. Deutsche is facing a $14 billion fine from the U.S. Department of Justice and concerns over its funding...

  • SAO PAULO, Sept 21- BR Properties SA is analyzing whether to raise capital through a share offering, Chief Executive Martin Jaco said on Wednesday, a sign that the Brazilian commercial real estate company is preparing for potential acquisitions in coming months. São Paulo-based BR Properties sees a so-called follow-on equity offering as a feasible way to...

  • MILAN, Sept 9- Italian bank Monte dei Paschi plans to appoint a new chief executive in the next few days to lead a 5 billion-euro capital raising which is needed to stave off the risk of the world's oldest bank being wound down. The Tuscan bank may need one or two more days to get informal approval for the new CEO from the European Central Bank, the source added.

  • MILAN, Sept 9- Italian bank Monte dei Paschi plans to hire a new chief executive in the next few days to lead a 5 billion euro capital raising needed to stave off the risk of the world's oldest lender being wound down. The Tuscan bank may need one or two more days to get informal approval for the new boss from the European Central Bank, the source added.

  • MILAN, Sept 9- Italian bank Monte dei Paschi plans to hire a new chief executive in the next few days to lead a 5 billion euro capital raising needed to stave off the risk of the world's oldest lender being wound down. The Tuscan bank may need one or two more days to get informal approval for the new boss from the European Central Bank, the source added.

  • FRANKFURT, Sept 8- When Germany's top utility E.ON lists its power generation and energy trading business Uniper next Monday, investors known as index trackers with about a quarter of the shares will sell, that much is clear. "We will see jittery investors on the first day that will seek to sell Uniper, that's quite clear," E.ON Chief Executive Johannes Teyssen said...

  • Markets constrain the Fed's ability to raise rates: Expert

    Ashok Shah, director of London & Capital, discusses the Federal Reserve and how the cost of capital is changing.

  • The dip in ag-tech financing follows 2015' s record-high $4.6 billion investment, according to Ag Funder. "It's an area we're keenly interested in," said Matt Bell, principal of Cultivian Sandbox Ventures, whose investments include Harvest Automation, a company that makes mobile robots for tree nurseries. Headon will spend C $250,000 retrofitting his tractor...

  • LONDON, Aug 8- Six weeks after Britain's vote to leave the European Union threw London's future as a leading global fintech hub into doubt, there are tentative signs the country's reputation for innovation in financial services will survive. From high in a skyscraper in Canary Wharf to Victorian warehouses around "Silicon Roundabout", some of the startups...

  • Recession fears rising

    CNBC's Steve Liesman looks ahead at this week's jobs report as well as how business spending is affecting growth.

  • But last week, as Yahoo Inc prepared to sell its core internet business, he was sporting a Yahoo T-shirt and, in an interview, reveled in memories of the company's heyday, along with the deep impact its alumni had- and still have- in shaping Silicon Valley. Rosensweig- now CEO of the online education company Chegg Inc- is one of scores of executives around Silicon Valley...

  • SAN FRANCISCO/ DETROIT, June 30- Ride services company Lyft Inc is poised to take advantage of a surge of investor interest in the transportation service sector as it closes in on a possible sale of the company or new capital raise, people familiar with the situation said. Venture capitalists and corporate investors have poured nearly $28 billion into the ride...

  • While they have not turned off the tap just yet, ETF capital providers, such as Cantor Fitzgerald LP and Esposito Securities LLC, say that after a bout of ETF launches- some that have failed to attract active trading- they are more insistent on proof of a marketing strategy before they say yes. Fund issuers like Guggenheim Investments and Summit Global Management...

  • Expect a lot more M&A activity: Expert

    Ashok Shah, director of London & Capital, says to expect more large mergers and acquisitions in the months to come due to the low cost of capital.

  • Millennial entrepreneur

    Entrepreneurship among Gen Y is lower than for prior generations, but those who do start businesses are bent on making a difference.

  • Preventing online identity fraud with Onfido

    Eamon Jubbawy, co-founder and COO of Onfido, describes how his company, which performs identity checks, has raised funding to expand into the U.S.

  • ITV considers takeover of Entertainment One

    David Neuhauser, managing director of Livermore Partners, discusses reports that ITV is considering a takeover of Entertainment One.

  • *Basel consults on amending leverage ratio. *Basel starts work on top up leverage ratio for big banks. LONDON, April 6- Banks that trade large numbers of derivatives may benefit from proposals by regulators unveiled on Wednesday that take a softer line on broad capital rules designed to bolster the finance industry's defences against market shocks.

  • *Basel consults on amending leverage ratio. *Basel starts work on top up leverage ratio for big banks. LONDON, April 6- Global regulators on Wednesday proposed softer capital requirements for banks that trade large numbers of financial derivatives in the latest sign of a more accommodative stance towards the finance industry.

  • The problems facing European banks

    Jim McCaughan, CEO of Principal Global Investors, talks about the cost cutting measures announced by Credit Suisse and the challenges it faces.