UniCredit to cut staff numbers in central finance division to reduce costs
Italian bank UniCredit (CRDI.MI), opens new tab is reorganising its finance division and cutting staff numbers, an internal memo showed on Monday, after CEO […]
Hong Kong government raises US$3.2 billion via multicurrency green bond
Hong Kong’s government raised US$3.2 billion via green bonds denominated in US dollars, euros and offshore yuan in the city’s latest push to establish […]
Woodside Doubles Down on U.S., LNG With Tellurian Takeover
Energy said it intends to acquire Tellurian and its proposed liquefied natural gas development in the southern U.S. for around $900 million, […]
UK clears Nationwide Building’s $3.75 bln Virgin Money deal
Britain’s competition regulator said on Friday it has cleared Nationwide Building Society’s (NBS.L), opens new tab proposed 2.9-billion-pound ($3.75 billion) all-cash deal to buy […]
China’s revenue from government land sales down 18.3% year on year
China’s government posted an extended decline in land sales revenue in the first half of 2024, finance ministry data showed on Monday. […]
China hedge funds brace for upheaval from tough new rules
China’s $715 billion hedge fund industry is facing renewed pressure from stringent regulations coming into effect next month, forcing some investment firms […]
European Central Bank keeps rates unchanged
The European Central Bank (ECB) has kept interest rates unchanged at 3.75%. However, prospects from the bank’s September meeting were “wide open”, ECB President […]
Big US bond managers steer clear of long-dated government debt
A number of U.S. bond managers at firms in charge of trillions of dollars of assets are steering clear of long-term U.S. […]
Goldman Sachs names senior dealmakers in reshuffle, memo says
Goldman Sachs has made a handful of senior leadership appointments within its investment banking team, according to an internal memo seen by […]
MAS commits S$100 million to support quantum, AI capabilities in financial sector
THE Monetary Authority of Singapore (MAS) will commit an additional S$100 million to help financial institutions build capabilities in quantum and artificial intelligence […]
Sandbrook and NGP Pledge $300 Million to Data-Center Power Infrastructure Developer
Sandbrook Capital and NGP Energy Capital have pledged a total $300 million to Cloverleaf Infrastructure, a newly formed business that helps data […]
Hong Kong government raises US$3.2 billion via multicurrency green bond
Hong Kong’s government raised US$3.2 billion via green bonds denominated in US dollars, euros and offshore yuan in the city’s latest push to establish […]