Financial advices for start-ups

Ab inbev creates us business unit for premium beers


LONDON Aug 6 Anheuser-Busch InBev, known for its mass market Budweiser beer, is creating a new business unit in the United States devoted to premium beers. The new unit, which will include brands such as Goose Island and Blue Point, will be based in Chicago and led by Felipe Szpigel, who joined the brewer 15 years ago as a global management trainee, according to an internal announcement made on Wednesday and seen by Reuters.

Another internal message announced the departure of Bud Light vice president, Rob McCarthy. McCarthy will be replaced by Alexander Lambrecht.

Bank loan standards ease, loan demand up fed survey


WASHINGTON Oct 31 The U.S. Federal Reserve said on Wednesday that some banks continued to ease lending standards for businesses and consumers, while a number reported improved borrower appetite for real estate and auto loans in the last three months."Significant fractions of banks reported a strengthening of demand for commercial real estate loans, residential mortgages, and auto loans, on balance," the Fed said in its October survey of senior loan officers. "Demand for most other types of loans was about unchanged."

The quarterly poll of 68 domestic U.S. banks and 23 branches and affiliates of foreign firms, also examined lending to European banks and found that loan standards for these entities had continued to tighten.

The U.S. central bank has cut interest rates almost to zero and last month announced a third round of so-called quantitative easing to further drive down borrowing costs in the hope of encouraging businesses to invest and hire more U.S. workers.

Brief cembra money bank announces successful placement of 200 million swis


Sept 24Cembra Money Bank AG :* Said on Tuesday has successfully issued two fixed rate senior unsecured bonds in the Swiss capital market* Said issued five year bond of 100 million Swiss francs with a coupon of 0.75 pct, and an eight year bond of 100 million Swiss francs with a coupon of 1.25 pct

* Said payment date of the bonds is Oct. 14, 2014

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