Signa’s Lofty Property Valuations Point to Brutal Pain to Come
The Upper West high-rise overlooking Berlin’s bustling Kurfürstendamm shopping boulevard is one of many glittering trophies in the
2023-12-02 16:56
Uber to become S&P 500 constituent -S&P Indexes
Ride-hailing service Uber Technologies will join the S&P 500 effective at the open of trading on Monday, along
2023-12-02 08:21
S&P 500 rises to highest close of 2023 amid rate cut optimism
NEW YORKThe benchmark S&P 500 index closed at its highest level of the year on Friday amid growing
2023-12-02 05:45
UniCredit Lent About $650 Million to Benko’s Troubled Signa
UniCredit SpA has lent about €600 million ($655 million) to companies that are part of Austrian tycoon Rene
2023-12-01 17:57
Signa Insolvency Engulfs Galeria Stores, Halts Frasers Deal
The insolvency of Signa Holding GmbH is starting to cause ripple effects across Rene Benko’s property and retail
2023-11-30 23:53
Signa Files for Insolvency as Cash Crunch Fells Luxury Empire
Tycoon Rene Benko’s Signa filed for insolvency after a last-ditch attempt to raise emergency funding failed, making the
2023-11-29 18:55
Signa Insolvency Wave Nears as Last-Ditch Fund Talks Falter
Rene Benko’s €23 billion ($25 billion) retail and property empire is on the cusp of a wave of
2023-11-27 20:50
Julius Baer to Review Private Debt Business Over Signa Exposure
Julius Baer Group Ltd. is reviewing its private debt business after running up an exposure of 606 million
2023-11-27 15:52
Signa Holds Last-Ditch Funding Talks as Insolvency Wave Looms
Signa is holding last-ditch talks with investors, hoping to secure a funding lifeline and avoid a wave of
2023-11-26 05:22
Unit of Benko’s Signa Prime Files for Insolvency, Spiegel Says
A unit of Signa Prime Selection AG filed for insolvency in a Berlin court on Friday, Der Spiegel
2023-11-25 01:16
Julius Baer’s €600 Million Loans to Signa Draw Swiss Scrutiny
Julius Baer Group Ltd.’s exposure to the crumbling empire of Rene Benko is being monitored by Swiss regulator
2023-11-22 00:24
Signa Prime Pursues Investors to Bridge €2 Billion Fund Gap
Austrian tycoon Rene Benko’s Signa Prime unit has approached investors over the last few days seeking up to
2023-11-16 14:53