(Reuters) – New York-based investment management company Brahman Capital Corp is closing one of its equity hedge fund and returning cash to its clients, Bloomberg News reported on Thursday, citing …
Capital
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SANTIAGO (Reuters) – The board of Chile’s central bank on Tuesday activated a counter-cyclical capital buffer, setting the measure at 0.5% of risk-weighted assets for one year. The measure, which …
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By Karen Lema MANILA (Reuters) – The World Bank will press for more grants and new capital from member countries, even as it leverages its balance sheet to scale up …
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By Khalid Abdelaziz DUBAI (Reuters) – Mass looting by armed men and civilians is making life an even greater misery for Khartoum residents trapped by fierce fighting between Sudan’s army …
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‘Anti-Capitalist’ Cafe Closes Down After A Year Due To A Lack Of Capital Laurel Duggan on May 15, 2023 The Anarchist, a Canadian coffee shop dedicated to fighting capitalism, is …
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(Reuters) -Republic First Bancorp said on Monday it had “adequate” capital and would wait for market conditions to stabilize before rounding out the $125-million fundraise it had announced in March. …
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US Embassy Issues Security Alert After Violent Protests Rock Capital City Jason Piccolo on May 10, 2023 The U.S. Embassy in Pakistan alerted Americans to remain vigilant after the Pakistani …
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By Pavel Polityuk and Gleb Garanich KYIV (Reuters) -Russia launched about 15 cruise missiles at Ukraine’s capital on Tuesday, the second attack in as many days, with air defence systems …
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By Navya Mittal and Yantoultra Ngui (Reuters) -The Monetary Authority of Singapore on Friday imposed additional capital requirement on DBS Bank, the banking arm of the country’s largest lender DBS …
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By Kane Wu HONG KONG (Reuters) – U.S. private equity firm Bain Capital is nearing the final close of its fifth and biggest Asia-focused fund after having raised around $6 …
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(Reuters) – Consumer lender Capital One Financial Corp’s first-quarter profit missed estimates on Thursday due to an increase in provisions that reduced gains from interest rate hikes. The Federal Reserve’s …
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(Reuters) -Venture capital firm Greycroft has raised over $980 million across two funds to invest in early- and growth-stage companies, the venture capital firm said on Wednesday. The latest fundraise …
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By Chiara Elisei LONDON (Reuters) – Corporates’ access to capital deteriorated after turmoil in the banks sector in March while cash flow and earnings are under increasing pressure from potential …
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By Khalid Abdelaziz KHARTOUM (Reuters) – In the Sudanese capital, charred paramilitary pick-up trucks hit by air strikes litter main streets and weary residents queue for bread in neighbourhoods largely …
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BRASILIA (Reuters) – Brazil’s government announced a package of 13 measures on Thursday to ease consumer access to credit and reduce associated costs in the capital and insurance markets, a …
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Brazil’s credit package paves the way for capital market the size of the banking market -official
by ReutersBRASILIA (Reuters) – Brazil’s Secretary of Economic Reforms Marcos Barbosa said on Thursday that the credit package announced by the government aims to strengthen the credit market in the long …
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COLLEGE PARK, MD – Maryland State Police are investigating a fatal pedestrian crash that occurred on Friday on the Capital Beltway in College Park, Maryland. The victim, Olumide Stephen, 55, …
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By Sybille de La Hamaide PARIS (Reuters) – French insect-based ingredients maker Ynsect will refocus its strategy on high-margin markets like pet food, shut a production plant and cut jobs …
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BEIJING (Reuters) – Tesla Inc has set up a new-energy company in Shanghai with registered capital of $2 million, according to Tianyancha, a company information data provider. (Reporting by Beijing …
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WASHINGTON, D.C. – The Washington, D.C. Metro Police Department is investigating the shooting of four men Sunday afternoon in Southeast, D.C. Police are asking for help identifying the suspect’s vehicle. …
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(Reuters) – AMC Entertainment Holdings Inc’s shares fell 19% on Tuesday and preferred shares rose 14% after a lawsuit settlement brought the company a step closer to its plan to …
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By Steve Gorman and Daniel Trotta (Reuters) -A fierce tornado blasted through Little Rock, Arkansas, and neighboring towns on Friday, killing at least two people and injuring dozens as it …
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LOWER ALLEN TOWNSHIP, PA – On Friday, Juan Arvelo was arrested after an arrest warrant was issued for his involvement in a violent assault at the Capital City Mall on …
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LIMA (Reuters) – Peru’s government expressed qualified interest in tapping the international bond market later this year in a bid to better manage liabilities, Economy Minister Alex Contreras said on …
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CEO of PPP Lender MBE Capital Pleads Guilty to Fraudulent Loan and Lender Applications
by Leo CanegaNEW YORK – Rafael Martinez, CEO of MBE Capital Partners, pled guilty today to conspiring to commit wire fraud in connection with loan and lender applications submitted through the Paycheck …