Teamsters union pushes for US bankruptcy reform after Yellow's collapse
By Dietrich Knauth NEW YORK The International Brotherhood of Teamsters on Tuesday called for changes to U.S. bankruptcy
2023-08-09 05:53
PE firm KKR acquires $373 million portfolio of Synovus Bank's prime auto loans
Private equity giant KKR said on Tuesday it had acquired a $373 million portfolio of prime auto loans
2023-08-09 05:52
Moody's says US banks are still strong despite downgrades
By Lananh Nguyen and Tatiana Bautzer NEW YORK Ratings agency Moody's said the U.S. banking sector is still
2023-08-09 04:46
Global banks rattled after Moody's cuts, Italy windfall tax
By Niket Nishant (Reuters) -Global bank shares skidded on Tuesday after Moody's downgraded 10 mid-sized U.S. banks and Italy approved
2023-08-08 21:54
Italy slaps 40% one-off windfall tax on its banks
Italy dealt a surprise blow to its banks and sent shockwaves across the sector in Europe by setting a one-off 40% tax on profits reaped from higher interest rates, after reprimanding lenders for failing to reward depositors.
2023-08-08 21:29
Moody's warns it could cut credit ratings of 6 big US banks
Moody's has put the credit ratings of six large US banks, including Bank of New York Mellon, State Street and Northern Trust, under review for a possible downgrade.
2023-08-08 19:57
SoftBank reports mixed quarter, says 'timidly' restarting investment
By Anton Bridge TOKYO (Reuters) -Japan's SoftBank Group posted a surprise loss but said it was dipping its toes back
2023-08-08 18:53
S.African lender Nedbank posts 11% rise in half year profit
JOHANNESBURG (Reuters) -South Africa's Nedbank Group, amongst the top five lenders in the country, recorded an 11% rise in interim
2023-08-08 13:23
US banker bonuses to sink as much as 25% on sluggish deals -consultant
By Lananh Nguyen NEW YORK U.S. investment bankers who advise companies on deals can expect their bonuses to
2023-08-08 09:55
Aussie banks margins seen falling; outlook key in high-rate environment
By Upasana Singh and Rishav Chatterjee Australia's biggest banks are likely to report narrower profit margins in the
2023-08-08 08:18
EV firm Proterra files for Chapter 11 bankruptcy
(Reuters) -Electric vehicle company Proterra has filed for Chapter 11 bankruptcy protection in the United States, according to a court
2023-08-08 05:47
UBS rejigs investment bank in bid to better compete with Wall Street
LONDON UBS announced an overhaul of its investment banking division on Monday, including naming the unit's M&A chiefs,
2023-08-07 22:45