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Popular raises $2.8 billion in share sale for property cleanup

  Bloomberg Banco Popular Espanol SA raised €2.5bn from a sale of new shares, as the Spanish lender seeks to draw a line under losses stemming from the country’s property crash. Popular sold 2 billion new shares in the capital increase, which attracted total investor demand of €3.4 bn, or 136% of the amount raised, the bank said. Popular is ...

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This $16 million Hamptons house has water on both sides

  Bloomberg By the time interior designer Jacques Grange first entered the contemporary, bayside house at 1320 Flying Point Road, it was nearly complete. What he saw was “like a boat, very pleasant but dominating the view,” he said from his Paris office during a phone call. His decorating approach—chairs by Marcel Breuer, a sofa by Tobia Scarpa, and light, ...

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Foreigners purchase AED 570 mn shares on DFM

  ABU DHABI / WAM Foreign investors purchased AED 570.7.2 million worth of shares on Dubai Financial Market (DFM) and sold AED 666.5 million over the week, DFM said on Thursday. Net foreign investment on the market reached AED 95.7 million, as aggregate sell. Value of shares bought by foreigner investors comprised 44.4 per cent of the total value of ...

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