BlackRock-Backed Puerto Rico Utility Deal Would Cut Debt by 75%
Puerto Rico’s bankrupt power utility has reached a deal with BlackRock Financial Management and Nuveen Asset Management to
2023-08-26 12:26
Susquehanna’s Yass Joined Weinstein, Ackman in Bid for Sculptor
Susquehanna International Group co-founder Jeff Yass is part of a consortium of investors that bid for Sculptor Capital
2023-08-22 07:18
Kuwait Fund Names New Head of UK Arm Year After Ousting Ex-CEO
Kuwait’s $700 billion sovereign wealth fund appointed Abdulmohsin Al-Mukhaizeem as the permanent head of its London arm, just
2023-08-18 15:52
China’s Hidden Financial Dangers Erupt With Shadow Bank Crisis
Only a week ago, Zhongzhi Enterprise Group Co. attracted little notice within China and was almost unheard of
2023-08-18 12:18
China’s Troubled $137 Billion Shadow Bank Plans Debt Restructuring, Taps KPMG
The Chinese shadow banking giant whose liquidity crisis has fanned fears about financial contagion is planning to restructure
2023-08-17 14:54
Ken Griffin Reshaped Law Banning Chinese Real Estate Purchases
When Florida Governor Ron DeSantis pushed through an anti-China crackdown in his state earlier this year, he won
2023-08-17 09:21
China’s $138 Billion Shadow Bank Spirals at Terrible Time for Xi
Founded in 1995 as a lumber business, Zhongzhi Enterprise Group Co. grew to become a financial conglomerate with
2023-08-15 09:17
Mastercard to Buy Stake in MTN’s $5.2 Billion Fintech Unit
MTN Group Ltd., Africa’s biggest wireless carrier, said Mastercard Inc. agreed to take a minority stake in its
2023-08-14 15:53
Bankman-Fried in Custody After Bail Is Revoked Over Leaks
FTX co-founder Sam Bankman-Fried was taken into custody after a federal judge revoked his bail less than two
2023-08-12 04:28
Canada to Sell Pipeline Stake to Indigenous Groups Through SPV
Canada plans to sell a stake in the Trans Mountain oil pipeline to indigenous groups through a special-purpose
2023-08-09 09:28
Tata Martino hails 'very confident' Benjamin Cremaschi in Leagues Cup triumph
Inter Miami head coach Gerardo 'Tata' Martino was full of praised for Benjamin Cremaschi after his heroics in the Herons' 4-4 (5-4) victory over FC Dallas.
2023-08-09 04:59
Carlyle, GIC Skip Ant’s Buyback After Valuation Slumps 70%
A number of global investors including Warburg Pincus and Canada Pension Plan Investment Board are opting out of
2023-08-08 10:45