Business
India central bank allows lenders to fund up to 75% in M&A deals
Financing can only take place when a firm ‘already holds control’ over the target company, says RBA A’s central bank will allow lenders to…
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lenders
Business
‘Shadow banking’ growing at double the rate of traditional lenders, FSB says
The sector’s rapid growth alarms regulators over weak transparency and risks spilling into broader financial markets The non-bank…
Business
UK lenders approve more mortgages than expected in October, consumer lending cools
British lenders approved more mortgages than expected in October, despite concerns about finance minister Rachel Reeves’ budget, and…
Business
Bankers groan at UK tax rise even as lenders rally after budget
New tax rates for dividends, property and savings income and a decision to tinker with the treatment of cash savings accounts added to the…
Business
mm2 Asia seeks court protection as creditors, UOB and other lenders pound at the gates
It has applied for an order to prohibit current, pending or threatened proceedings from being commenced or continued against it Embattled…
Business
Powell’s warning to investors and lenders: The Fed won’t spoil the markets any longer
US FEDERAL Reserve chairman Jerome Powell seldom repeats himself, so Wall Street listened carefully when he delivered the same warning…
Business
Indonesia’s Chandra Asri in talks with lenders to fund US$1 billion deal to buy Singapore’s Esso stations
Chandra Asri Pacific, an Indonesian energy and chemicals firm, is in talks with competing consortiums of lenders for loans to back its…
Business
Thailand’s tourism slump and household debt weigh on its lenders
Thailand’s banks are grappling with weak lending amid high household debt, slowing tourism and sluggish consumer spending that risk…
Business
China lenders rush to sell riskiest debt to catch low yields
Chinese authorities have pushed through the mergers of hundreds of smaller, mostly rural banks, while the larger behemoths are struggling…
Business
Chipmaker Wolfspeed nears bankruptcy deal with lenders including Apollo
Struggling chipmaker Wolfspeed will be taken over by creditors including Apollo Global Management under a proposal that would put it into…
Business
Private lenders set to take over Alacrity in debt restructuring
DIRECT lenders including Antares Capital, Blue Owl Capital and KKR are preparing to take over insurance claims manager Alacrity Solutions,…
Business
Commerzbank would lose clients in UniCredit merger, German lender’s CEO says
COMMERZBANK and UniCredit did not discuss a merger at a recent meeting, the German lender’s CEO Bettina Orlopp told a local newspaper,…