* Shares suspended pending an announcement * CIMB offering new shares at up to 2.7 pct discount to Friday close * CIMB common tier 1 ratio is below larger banks * Capital raising could boost tier 1 by 1-1.5 pct pts-UBS (adds CIMB’s core tier 1, analyst quotes on fund […]
Tag: Bank of America
Bank of America’s Merrill to pay $132 million in SEC case over mortgages
Bank of America Corp (BAC.N) has agreed to pay $131.8 million to settle U.S. Securities and Exchange Commission charges that its Merrill Lynch unit misled investors about mortgage securities it structured and sold. Thursday’s settlement marks the latest enforcement action against Wall Street banks over the marketing of collateralized debt […]
Twitter poised to make IPO filing public
Twitter has hired several banks to help underwrite its IPO, persuaded some of those firms to provide a credit line and plans to make its prospectus public in early October, sources say. The Twitter IPO may be closer than you think. The social-media giant has hired several banks for the […]
