New Rising Stars Are Powering Gulf’s $50 Billion Spending Spree
Oil-rich Gulf monarchies are channeling more international deals via state-backed firms instead of the region’s sovereign wealth funds,
2023-09-01 13:52
Coinbase Takes Stake in Stablecoin Issuer Circle
Coinbase Global Inc., the biggest US crypto exchange, has taken a stake in stablecoin issuer Circle citing “growing
2023-08-22 05:59
Norway’s $1.4 Trillion Wealth Fund Returns 10% on Tech Surge
Norway’s $1.4 trillion sovereign wealth fund returned 10%, or $143 billion, in the first half, indicating it’s back
2023-08-16 03:58
US Weighs Imposing Long-Term Debt Requirements on More Banks
US regulators will soon propose requiring banks with as little as $100 billion in assets to issue enough
2023-08-15 06:15
KKR Scoops Up Auto Loan Portfolio as Regional Banks Shed Assets
Private equity giant KKR & Co. has purchased a portfolio of prime auto loans from Georgia-based Synovus Financial
2023-08-09 02:58
HSBC Denies Poaching SVB Employees During First Citizens Takeover
HSBC Holdings Plc denied wrongdoing in its hiring of dozens of employees of the former Silicon Valley Bank
2023-08-08 12:28
High-Risk Loans Return as Recession Risk Fades
It’s hard to pass up a good rally in US leveraged finance markets, particularly if you’re a bank
2023-08-06 03:18
Wall Street Giants Expect $8.9 Billion Hit From Bank Failures
The biggest US lenders expect to pay almost $8.9 billion to help replenish the US government’s bedrock Deposit
2023-08-05 05:53
UK Banks Set to Reap Billions From Hedging Against Rising Interest Rates
The UK’s biggest banks stand to gain billions this year from hedging against rising rates. Structural hedges, the
2023-08-03 12:20
Where the Republican Presidential Candidates Stand on Five Key Economic Issues
Donald Trump’s place at the top of the polls for the 2024 Republican presidential nomination makes him a
2023-08-02 17:27
US Banking Crisis Could Play Out for Two More Years, Ares CEO Says
Ares Management Corp.’s chief executive officer said the banking crisis could play out for two more years, and
2023-08-02 02:56
Regional Banks Rally for Fifth Week as PacWest Merger Deal Quells Fears
Shares of US regional lenders notched their longest weekly streak of gains since March 2021, bolstered by a
2023-07-29 04:26