CEO of UK bank resigns after leaking financial details of Brexiteer Nigel Farage to BBC News
The CEO of one of the biggest banks in the United Kingdom has resigned after admitting she leaked details of Brexit campaigner and political commentator Nigel Farage's finances to BBC News.
2023-07-26 15:46
The risks are rising for Western firms in Russia. So why are so many staying put?
When Russia launched its full-scale invasion of Ukraine in February 2022, a slew of Western companies left in protest. But some of the world's biggest firms — including Nestlé, Heineken and snack maker Mondelez — stayed put.
2023-07-26 13:17
Banc of California set to merge with rival PacWest
PacWest Bancorp is set to merge with Banc of California in a $400 million equity deal, according to a joint announcement the banks released Tuesday afternoon, ahead of their second-quarter earnings results.
2023-07-26 04:51
PacWest merges with Banc of California in all-stock deal
Banc of California and PacWest Bancorp on Tuesday announced an all-stock merger with a $400 million equity raise
2023-07-26 04:26
Banc of California in talks to buy PacWest Bancorp - WSJ
Banc of California is in advanced talks to buy PacWest Bancorp, the Wall Street Journal reported on Tuesday,
2023-07-26 02:57
Adidas gets $565 million in orders for first batch of unsold Yeezy shoes- FT
Adidas has received orders worth more than 508 million euros (about $565 million) for the first batch of
2023-07-24 12:57
Australia's Westpac splits consumer and business banking unit into two
Westpac Banking Corp on Wednesday said it would split its consumer and business banking business into two, with
2023-07-19 15:51
Westpac hires RBA assistant gov Luci Ellis as chief economist
SYDNEY Australia's central bank is set to lose a top official to the private sector amid a broader
2023-07-10 14:49
UK banks should not close accounts over customers' politics, minister says
By Huw Jones and David Milliken LONDON British banks should have to serve a customer even if they
2023-07-05 01:51
U.S. debt investors as climate-focused as European peers, survey finds
By Tommy Wilkes LONDON U.S. asset managers factor greenhouse gas emissions and other climate risks into their debt
2023-06-28 02:26
Ares acquires $3.5 billion loan portfolio from PacWest
Private-equity firm Ares Management said on Monday it had acquired a $3.5 billion specialty finance loan portfolio from
2023-06-26 18:52
San Francisco mayor proposes tearing down Westfield Mall and other shuttered downtown retailers
San Francisco Mayor London Breen suggested remaking the city's struggling downtown neighborhood by tearing down abandoned retail space. Breed argued that a shift to online shopping has contributing to declining foot traffic in the area.
2023-06-24 03:18