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Nordea Bank rejects lack of capital speculations

  Bloomberg Scandinavia’s biggest bank said it has more than enough capital to meet regulatory requirements following a report it may need to turn to markets to fill an alleged shortfall. Nordea Bank AB said on Tuesday it had a common equity Tier 1 capital ratio of 16.7 percent in March, exceeding the 15.6 percent requirement set by the Financial ...

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Brookfield, SBI to mull India stressed asset venture

  Bloomberg Brookfield Asset Management Inc. is in talks with State Bank of India, the country’s largest lender, about forming a joint venture to invest in stressed Indian assets, people with knowledge of the matter said. Brookfield, Canada’s largest alternative asset manager, has discussed investing about 70 billion rupees (US$1 billion) in the venture while SBI and its associate banks ...

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Bank demand at BOE liquidity auction

  Bloomberg The Bank of England allotted less to banks in the second of its extra liquidity operations being held to assure sufficient funding around Britain’s referendum on European Union membership. Banks sought just 370 million pounds (US$546 million), compared with 2.46 billion pounds at the previous extra indexed long-term repo operation on June 14, according to the central bank. ...

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