NYCB names CEO Joseph Otting to additional role of executive chairman
June 4 (Reuters) – Regional lender New York Community Bancorp (NYCB.N), opens new tab said on Tuesday it had expanded the role of its […]
Backlash blunts edges of UK watchdog’s ‘naming and shaming’ plan
LONDON, June 5 (Reuters) – Britain’s markets regulator is expected to narrow down plans to name companies under investigation, four lawyers told […]
Lithium Ionic arranges $11 million financing for Brazil projects
Lithium Ionic (TSXV: LTH) said on Monday it plans to raise C$15 million ($11m) through a private placement with its long-term shareholders. […]
China to build $1.5 billion copper smelter in Kazakhstan
The Republic of Kazakhstan government has agreed with China Nonferrous Metal Mining (NFC) to build a smelter projected to have an annual […]
MMG plans to raise $1.16bn to repay debt, fund mine development
China’s MMG said on Tuesday it plans to raise about HK$9.08 billion ($1.16 billion) through a rights issue to repay existing debt, […]
Australia orders Chinese investors to sell down stake in rare earths miner
Australian Treasurer Jim Chalmers has ordered several China-linked investors to dispose of shares in rare earths miner Northern Minerals on national interest […]
Goldman Racks Up $21 Billion for Its Largest Private Credit Pool
Goldman Sachs Group Inc. has put together $21 billion for private credit wagers, its biggest war chest yet for Wall Street’s buzziest asset […]
UBS reaches milestone in Credit Suisse absorption as parent companies merge
ZURICH, May 31 (Reuters) – UBS (UBSG.S), opens new tab on Friday completed the merger of the main parent companies of the Swiss bank […]
Absa aims to use new Beijing office to strengthen China-Africa business ties
Absa Group, one of Africa’s largest diversified financial services companies, aims to build stronger ties with Chinese firms as part of its […]
Hong Kong IPOs: market shows glimmer of revival as three solid debuts in a week raise US$111 million
Investor appetite for new share listings in Hong Kong shows signs of improvement amid a market rebound, with a series of recent IPOs […]
How Credit Suisse evolved until its merger with UBS
ZURICH, May 31 (Reuters) – Following is a timeline outlining the 168-year history of Credit Suisse Group, the Zurich-based bank that was […]
Bunq, the $1.8 billion European neobank, hopes to secure license for UK expansion this year
PARIS — Dutch digital bank Bunq is hoping it will manage to secure a banking license from U.K. financial regulators later this […]