European stocks pared losses, leaving the benchmark Stoxx Europe 600 Index little changed, as investors awaited a report that may show the U.S. economy grew faster than expected. U.S. futures and Asian shares rose.
BusinessWeek.com — Finance
HSBC Holdings Plc and Goldman Sachs Group Inc. are among banks that held funds for Muammar Qaddafi’s government investment fund, according to U.K. advocacy group Global Witness.
BusinessWeek.com — Finance
ING Groep NV, the biggest Dutch financial services company, received a bid for Latin American insurance assets from a group that includes Chile’s Luksic family and Mexico’s Grupo Financiero Banorte SAB, said a person with direct knowledge of the situation.
BusinessWeek.com — Finance
TMX Group Inc. said just because a group of Canadian banks and pension funds is offering more to acquire it than London Stock Exchange Group Plc, it doesn’t make their proposal superior.
BusinessWeek.com — Finance
TMX Group Inc. rejected an unsolicited takeover bid from Maple Group Acquisition Corp. for the Toronto Stock Exchange owner, saying it isn’t superior to a friendly offer from London Stock Exchange Group Plc.
BusinessWeek.com — Finance
TMX Group Inc., the Toronto Stock Exchange owner that London Stock Exchange Group Plc agreed to buy, received a counteroffer from a group of Canadian pension funds and banks.
BusinessWeek.com — Finance
TMX Group Inc., the Toronto Stock Exchange owner that’s seeking to combine with London Stock Exchange Group Plc, said it has received a counteroffer from a group of Canadian banks and pension funds.
BusinessWeek.com — Finance
DBS Group Holdings Ltd., Southeast Asia’s biggest bank, reported a 52 percent increase in first- quarter profit as loans grew and it boosted investment banking and wealth management fees.
BusinessWeek.com — Finance