Market Chatter-Corporate finance press digest
Feb 15 (Reuters) - The following corporate finance-related stories were reported by media on Friday:
* JPMorgan Chase & Co's global head of equity proprietary trading has quit the investment bank to set up a hedge fund in Switzerland, the Financial Times reported.
* Abu Dhabi's Aabar Investments has begun talks with lenders about refinancing a $2 billion loan due to mature in May, three banking sources told Reuters.
* Indian life insurance companies HDFC Life, Birla Sun Life and ICICI Prudential have shown interest in purchasing HSBC's stake in its insurance joint venture with Indian banks Oriental Bank of Commerce and Canara Bank, the Economic Times reported.
- Tweet this
- Share this
- Digg this
- Analysis - Amazon's far-reaching ambitions, lack of profits, unnerve investors
- U.S. diplomats' return to Libya could be more hazardous than exit
- Australia approves Adani's $16 bln Carmichael coal project
- Israel extends Gaza ceasefire for 24 hours, Hamas rejects terms
- U.S. gasoline prices tumble on back of refinery cuts- Lundberg survey
The Australian government on Monday approved Indian firm Adani Mining Pty Ltd's $15.5 billion Carmichael coal and rail project in Queensland, subject to strict conditions to protect groundwater. Full Article