A lawyer for former International Monetary Fund chief Dominique Strauss-Kahn said disclosures about the credibility of the woman who accused him of attacking her will be made at a court hearing tomorrow.
BusinessWeek.com — Finance
KBC Groep NV, Belgium’s biggest bank and insurer by market value, is seeking offers of about 2.5 billion euros ($ 3.6 billion) for its stake in Poland’s Kredyt Bank SA and insurance unit Warta SA, two people with knowledge of the matter said.
BusinessWeek.com — Finance
Banks should be pushed to meet the higher capital requirements before a series of deadlines starting in 2013, unless earlier introduction of the rules would threaten lending, the Bank for International Settlements said.
BusinessWeek.com — Finance
Surging Indian demand for Australian assets such as coal mines will help drive an increase in takeovers in the South Pacific nation, according to Barclays Plc, Australia’s top-ranked merger adviser.
BusinessWeek.com — Finance
Surging Indian demand for Australian assets such as coal mines will help drive an increase in takeovers in the South Pacific nation, according to Barclays Plc, Australia’s top-ranked merger adviser.
BusinessWeek.com — Finance
Diversification means anything from hedge funds to strip malls
BusinessWeek.com — Finance
Kazakhstan wants to sell a stake in Alliance Bank to the European Bank for Reconstruction and Development, potentially making it the first of the Kazakh banks that defaulted during the financial crisis to attract an international investor, said three people familiar with talks.
BusinessWeek.com — Finance
Commerzbank AG and Intesa Sanpaolo SpA, the No. 2 banks in Germany and Italy, plan to raise 13.25 billion euros ($ 19 billion), joining lenders tapping investors in the aftermath of the global financial crisis.
BusinessWeek.com — Finance