DUBAI / Reuters Bank AlJazira, one of the kingdom’s smaller banks, plans to raise its capital by 30 percent through a bonus share issue, it said. The bank said the capital increase to 5.2 billion riyals from 4 billion riyals ($1.07 billion) would be completed by issuing three new shares for every 10 shares held, paid for by capitalising ...

  Bloomberg IndusInd Bank Ltd, the lender backed by India’s billionaire Hinduja brothers, is in advanced talks to acquire micro-finance company Bharat Financial Inclusion Ltd in a share swap, people with knowledge of the matter said. The Mumbai-based IndusInd could announce the purchase in the next month, said the people, who asked not to be identified because the information is ...

  Bloomberg Some European banks are seeing their capital ratios come under pressure as the region’s top supervisor takes a more conservative view of their risk models. Last month, the European Central Bank raised the risk-weightings which determine capital at Finland’s biggest financial services group after finding “shortcomings” in its models. Lenders including Bank of Ireland have started to take ...