By Reuters UK
Greece's second-largest lender Piraeus Bank <BOPr.AT> has hired four international investment banks as advisers on its 7.33 billion euro (£6.2 billion) share issue, two bankers close to the procedure told Reuters on Saturday. (May 18)
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CITIGROUP, BANK OF AMERICA, BARCLAYS, HSBC, MERRILL LYNCH, INVESTMENT
By Reuters UK
A wave of investor demand that has allowed Deutsche Bank and two other lenders to raise six billion euros (5 billion pounds)in new share capital in the past month is unlikely to prompt other European banks to go to their shareholders for more cash. (May 16)
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IMF, COMMERZBANK, LEHMAN BROTHERS, ROYAL BANK OF SCOTLAND, PORTUGAL, GERMANY
By Reuters
The Portuguese government and JP Morgan Chase & Co <JPM.N> are attempting to resolve a tussle over potentially costly derivative contracts sold by the U.S. investment bank to state-owned companies. (May 15)
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MERRILL LYNCH, PORTUGAL, COURT, CREDIT SUISSE, LAWSUIT, INVESTMENT
By Reuters
Japan's top three banks forecast weaker annual earnings as aggressive monetary easing squeezes them out of a profitable government bond trade and forces them to rely more on bread-and-butter lending where margins remain razor-thin. (May 15)
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MORGAN STANLEY, JAPAN, INVESTMENT
By Reuters
When the Cyprus bank run began earlier this year, Russians set much of the pace. Documents seen by Reuters show that as the Mediterranean island headed towards financial meltdown in March, most notable among companies transferring money from the coun... (May 15)
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FACEBOOK, GDP, RUSSIA, EUROPEAN CENTRAL BANK, UKRAINE, INTERNATIONAL MONETARY FUND