Corporate Finance
Overnight Commercial Paper Rates Rise as Bank Bailouts Spread
Submitted by loner on 6 October, 2008 - 11:48pmIt's now corporates' turn.
By Alan Goldstein and John Detrixhe
Oct. 6 (Bloomberg) -- Corporate short-term borrowing rates soared as bank bailouts spread through Europe and the Federal Reserve committed to doubling its auctions of cash to banks to as much as $900 billion to unfreeze short-term lending.
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Lehman Cash Crunch Caused by Lender JPMorgan, Creditors Say
Submitted by loner on 5 October, 2008 - 1:59amBy Linda Sandler and Jeff St.Onge
Oct. 4 (Bloomberg) -- Lehman Brothers Holdings Inc.'s main lender and clearing agent, JPMorgan Chase & Co., caused the liquidity crisis that led to Lehman's collapse, creditors said.
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Citic in talks to buy Bear stake
Submitted by loner on 18 October, 2007 - 12:43pmCitic in talks to buy Bear stake - China's Citic Bank is in talks to take a stake in Bear Stearns, a senior Communist party official has revealed [Financial Times - Financial Services]
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China 'will be most active M&A player'
Submitted by loner on 18 October, 2007 - 12:32pmChina 'will be most active M&A player' - Chinese companies are set to be Asia's most acquisitive in the US or Europe next year, according to a survey of the region's dealmakers [Financial Times - Asia Pacific]
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KDB fund to aid S Korea's global growth
Submitted by loner on 2 October, 2007 - 10:13pmKDB fund to aid S Korea's global growth - Korea Development Bank, the state lender, is about to launch a $1bn private equity fund to help South Korean companies expand overseas, the latest in a series of government initiatives aimed at encouraging local business to go global [Financial Times - Asia Pacific]
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What did I say then?
French Finance Minister Christine Lagarde tells the Journal it will take much s...
