BRIEF-Alphaform unit Alphaform-Claho applies for insolvency procedure

* Subsidiary Alphaform-Claho applies for insolvency procedure

from Reuters: Bankruptcy News http://ift.tt/1I4Oedh

RBS unveils plans for inaugural CoCo bond

LONDON, July 30 (IFR) - Royal Bank of Scotland has capitalised on positive quarterly results on Thursday and announced firm plans to raise an inaugural Additional Tier 1 bond, putting an end to one...

from Reuters: Bankruptcy News http://ift.tt/1DRGgjR

RBS unveils plans for inaugural CoCo bond

LONDON, July 30 (IFR) - Royal Bank of Scotland has capitalised on positive quarterly results on Thursday and announced firm plans to raise an inaugural Additional Tier 1 bond, putting an end to one of the market's longest awaited capital raises.

from Reuters: New Issues News http://ift.tt/1fKKFiM

Santander's UK arm won't be spun off in next two years - UK CEO

LONDON, July 30 (Reuters) - The British arm of Spain's Santander will not be spun off within the next two years, the division's Chief Executive Nathan Bostock told reporters on Thursday.

from Reuters: New Issues News http://ift.tt/1LZbbD1

U.S. must wait for EU hedge fund 'passports' - EU watchdog

LONDON (Reuters) - Hedge funds from Guernsey, Jersey and Switzerland should be allowed to serve investors across the 28 country European Union, the bloc's securities watchdog said on Thursday.

from Reuters: Hedge Funds http://ift.tt/1KAsXvQ

Bankia eyes fresh capital in 2016

LONDON, July 30 (IFR) - Bankia will look to fortify its balance sheet in 2016 through the issuance of subordinated debt instruments including Additional Tier 1, signalling another step forward for...

from Reuters: Bankruptcy News http://ift.tt/1VOL2db

UPDATE 1-Chime in advanced takeover talks with WPP-Providence consortium

July 30 (Reuters) - Marketing group Chime Communications Plc said it was in advanced talks with a consortium of WPP Plc and Providence Equity Partners LLC for a potential cash offer of 365 pence per share.

from Reuters: New Issues News http://ift.tt/1DR7g2U