Desjardins Group opens first European office to help Canadian businesses
MONTREAL - Desjardins Group is making its first international foray outside the United States by opening an office in Paris to help Canadian businesses boost activities in Europe.
Analysis: Japan's stay-at-home firms finally spread their wings
TOKYO (Reuters) - Japanese companies are again venturing offshore, and this time a new breed of business is striking deals overseas. Japan Inc splurged a record $70 billion on foreign acquisitions last year, taking advantage of a strong yen, big cash reserves, attractive valuations and some willing sellers, especially in Europe. Many of these Japanese acquirers are already multinationals but a ...
CORRECTED - China as lender of last resort ... more than just a loan
(Deletes paragraph 15. Duke's partnerships with Chinese firms preceded and are separate from the credit facility) HONG KONG (Reuters) - China is filling a lending vacuum in Asia as European banks limp home to preserve capital, and is making sure loans have spin-off benefits for Chinese manufacturers and exporters, even at the expense of the rates they offer. Cash-strapped businesses looking to ...
Analysis: China as lender of last resort...more than just a loan
HONG KONG (Reuters) - China is filling a lending vacuum in Asia as European banks limp home to preserve capital, and is making sure loans have spin-off benefits for Chinese manufacturers and exporters, even at the expense of the rates they offer. Cash-strapped businesses looking to Chinese banks for loans would do well to have something to offer China in return - for big loans come with strings ...
The Euro zone was set up to
In reply to Musical Chairs In The Eurozone : The Euro zone was set up to insure England would not be able to play another game of divide and conquer in Europe lets face it, out of the 150 million that died between 1915 and 1945 so that the English ruling classes could survive Americas Economic collapse when the Railways expansion came to a grinding halt, most were European. 20Mil German, the ...
DealBook: In Europe, a Conflict Over Bank Capital
As European banks move to shed businesses and write off losses, their regulators might veto any steps they fear could inflict further damage.