UBS Ends $10 Billion State Backstop That Helped Seal Merger
UBS Group AG decided to end an agreement with the Swiss government to cover losses it could incur
2023-08-11 14:27
Hong Kong Foreclosures Surge Most in Five Years, Centaline Says
Hong Kong July foreclosures surged the most in more than five years, as higher rates pinched homeowners’ ability
2023-08-11 13:46
South African Expats Are Flocking to This Tiny Island in the Middle of the Irish Sea
Douglas, the tiny capital of the Isle of Man, might seem an unlikely destination for South African expats.
2023-08-11 12:27
Citigroup Names Kalra Head of Asia Commercial Bank in Singapore
Citigroup Inc. appointed a veteran of more than 20 years to lead its Asia-Pacific commercial bank operations from
2023-08-11 09:50
Ares-Led Group Provides $521 Million Loan for InvoCare Buyout
TPG Inc. has lined up a group of private credit funds led by Ares Management Corp. to help
2023-08-11 09:22
Philippine Central Bank Head Cautions Against Quick Policy Pivot
Philippine central bank Governor Eli Remolona warned against “sudden reversals” of monetary policy when asked about the possibility
2023-08-11 09:21
Blackstone-Backed Solar Company Esdec Seeks US IPO at $5 Billion Value
Esdec Solar Group is seeking an initial public offering in New York that would value the Blackstone Inc.-backed
2023-08-11 08:54
Cue the Midweek DJ: Bars Are Meeting Finance Workers When They're in the Office
Up the street from the New York Stock Exchange, every seat at the Trinity Place bar is full.
2023-08-10 17:45
RBI Asks Banks to Set Aside More Cash on Poor Auction Response
The Reserve Bank of India asked lenders to set aside more cash, stepping up measures to drain liquidity
2023-08-10 16:24
Bumper Year for Banks Draws Political Backlash as Slowdown Nears
European banks have enjoyed record levels of net interest income over the last year. That’s tempting some governments
2023-08-10 12:28
Soaring Rice Prices Stretch Budgets for Billions in Asia, Africa
A surge in rice prices to the highest level in almost 15 years is renewing fears that food
2023-08-10 08:26
Citadel Securities Boosts Fixed-Income Presence With New Bond Trade
Ken Griffin’s market-making giant is poised to offer trades in zero-coupon Treasuries, as it ramps up its presence
2023-08-10 05:29