By Pete Schroeder and Michelle Price WASHINGTON (Reuters) – Big bank executives warned a number of products and services could become uneconomical if new proposed bank capital hikes are adopted …
Capital
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MOSCOW (Reuters) – The Russian rouble steadied near 97.5 to the dollar on Friday, locking in the hefty gains made in the previous session after President Vladimir Putin ordered the …
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TRENTON, NJ – Visionary entrepreneur Samrat “Sam” Sood is joining forces with Pickleball Kingdom Franchising to launch 20 state-of-the-art indoor pickleball clubs throughout New Jersey. The move aims to promote …
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TORONTO (Reuters) – Bank of Montreal on Tuesday named Alan Tannenbaum as the new head of the bank’s capital market division, to replace outgoing CEO Dan Barclay, who is retiring …
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(Reuters) – Kerrisdale Capital said on Tuesday it had taken a short position on Joby Aviation over profitability concerns, sending the electric aircraft maker’s shares down nearly 5%. “We believe …
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SYDNEY (Reuters) – Bain Capital has put off its plans for an initial public offering of Virgin Australia airline to next year, a person with knowledge of the matter said …
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MADRID (Reuters) – U.S.-based buyout fund Apollo Global Management is readying a bid with local fund JB Capital for the Spanish unit of telecom giant Vodafone, the Expansion newspaper reported …
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(Reuters) – PNC Financial Services’ banking unit said on Tuesday that it had bought a portfolio from Signature Bridge Bank representing $16.6 billion in total commitments, including $9 billion of …
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By Shankar Ramakrishnan (Reuters) – A clarification of capital rules by the Federal Reserve may encourage U.S. banks to transfer more of the risk in their loan portfolios to investors, …
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ALBANY, NY – Andrew O’Connor of Cohoes, New York, has been sentenced to 135 months in federal prison for methamphetamine trafficking and obstructing justice. O’Connor, 36, was charged and convicted …
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By Nell Mackenzie LONDON (Reuters) -Hedge fund Eisler Capital posted a 4.17% positive performance for the year to end-August, it said in a letter to investors, benefiting from a basis-trade …
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By David Lawder (Reuters) – The Asian Development Bank (ADB) unveiled new capital reforms on Friday that will unlock $100 billion in new financing capacity over 10 years as the …
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By Anton Bridge and Scott Murdoch TOKYO (Reuters) – Japan equity offerings have more than quadrupled in value this year, with investors encouraged by a surge in the Nikkei stock …
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PORT-AU-PRINCE (Reuters) – More than 10,000 people have fled their homes in parts of Haiti’s central department, the United Nations’ migration agency said on Wednesday, after a series of gang …
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By Huw Jones LONDON (Reuters) -The Bank of England on Wednesday said it would delay by six months to July 2025 its roll out of the final leg of international …
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(Reuters) – Activist investor Engine Capital on Tuesday urged fuel marketer Parkland to reduce its debt and announce new share buyback plans. In its latest letter to the board, the …
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SAO PAULO (Reuters) – Brazil, Mexico and India are some of the countries currently standing in a good position to attract investments, Brazilian Finance Minister Fernando Haddad said on Monday, …
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By Kane Wu and Roxanne Liu (Reuters) -U.S. venture capital firm GGV Capital said on Thursday it plans to split its business into two, with one focused on Asia and …
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LIMA (Reuters) – Peruvian President Dina Boluarte said on Monday her government has declared a state of emergency in three districts hit by a spike in crime, a measure that …
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By Svea Herbst-Bayliss NEW YORK (Reuters) – Activist investor Politan Capital Management said on Thursday that it has economic exposure to 4.5 million shares or 7.5% of biotechnology company Azenta …
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CAIRO (Reuters) – The head of Sudan’s main paramilitary group threatened on Thursday to set up a governing authority in areas his forces control if his enemies in the army …
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By Svea Herbst-Bayliss NEW YORK (Reuters) -Investment firm Stadium Capital Management wants to shake up the board of bed and mattress maker Sleep Number Corp following more than a decade …
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SINGAPORE (Reuters) -Capital A Berhad, parent of Malaysian budget airline AirAsia, expects to see the carrier’s operations returning to pre-pandemic levels by December, Capital A CEO Tony Fernandes told Reuters …
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MEXICO CITY (Reuters) – Operations at Mexico City’s principal airport are “very risky,” President Andres Manuel Lopez Obrador said on Friday. The Mexico City International Airport (AICM) is operating at …
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NEW YORK (Reuters) – Digital Currency Group was sued on Wednesday by its bankrupt Genesis Global Capital cryptocurrency lending unit, as both sides negotiate DCG’s repayment on more than $610 …