DealZone

Deals wrap: Standard Chartered’s call for cash

October 13, 2010

A woman walks down the stairs of the Standard Chartered headquarters in Hong Kong October 13, 2010.    REUTERS/Bobby Yip  Standard Chartered launched a $5.3 billion rights issue to bolster its finances in response to Basel regulations and to take advantage of growth opportunities. The cash is not however a war chest for acquisitions, Chief Executive Peter Sands said. *View article *View analysis on the stringent new rules for banks *View article on other banks following Standard Chartered’s lead

China has the world’s largest IPO market this year and next year could be even busier if the government allows foreign companies to sell shares on its stock markets, an executive at Credit Suisse said. *View article

Matt Rosoff at Business Insider predicts a deal is still coming from Microsoft and Adobe. *View article

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