FierceFinance is the financial services daily monitor, with news covering the banking industry, asset management, capital markets and SEC regulations. Join
45,000+ bankers and fund managers who get FierceFinance via email for a quick daily briefing from an insider perspective. Sign up today!
Now this is eye popping: Royal Bank of Scotland has announced a $24 billion sale of stock, the biggest offering in British corporate history, according to the AP. The new capital is sorely needed to... Read more...
Many might be predicting gloom and doom on the deal front. We will not likely hit another record and the number of mega-deals has now where to head but south. Most of this is driven by the belief... Read more...
It's fair to say that the absence of a CEO at Citigroup is occurring at a tough time. Some big decisions are being made without one. The Abu Dhabi Investment Group deal is one example. There may be... Read more...
Well, after a whole lot of fighting, RBS has emerged victorious in the battle for ABN--the largest takeover in history. Bank of America also won, as it was able to buy LaSalle after all. Read more...