Cove Capital acquires 83-unit build-to-rent community in San Antonio debt-free
Los Angeles, CA – Cove Capital Investments has completed the purchase of an 83-unit build-to-rent residential community in San Antonio, Texas, finalizing its Cove Texas Build-to-Rent 97 Delaware Statutory Trust (DST) offering.…
South Korea considering asking banks to build more capital buffers
SEOUL (Reuters) – South Korea is considering requiring banks to hold more capital as part of efforts to make the banking system better prepared for financial instability, the top financial regulatory agency…
Freshpet tumbles as Jana Partners calls company’s capital raise plan ‘ill-conceived’
(Reuters) – Shares of Freshpet Inc fell as much as 19% on Wednesday after activist investment firm Jana Partners LLC said the pet food maker’s recent plan to raise capital was “ill-conceived”.…
Iceland lifts countercyclical capital bank buffer to 2.5%
COPENHAGEN (Reuters) – The Icelandic Financial Stability Committee has decided to increase the country’s countercyclical buffer rate to 2.5% from 2.0% when measured as a share of the domestic risk base, Iceland’s…
New SVB CEO urges top venture capital clients to move deposits back
By Krystal Hu (Reuters) – Silicon Valley Bank’s new Chief Executive Tim Mayopoulos on Tuesday urged the failed bank’s top venture capital clients to move their deposits to its newly created bridge…
Exclusive-Shenzhen bourse taps intelligence tech firm as China battles capital market fraud
SHANGHAI (Reuters) – The Shenzhen Stock Exchange has sought help from an intelligence technology firm to detect fraud and vet listings, said people with knowledge of the matter, as China adopts high-tech…
Karine Jean-Pierre Doubles Down On Claim That Capital Riots ‘Cost Police Officers Their Lives’
Karine Jean-Pierre Doubles Down On Claim That Capital Riots ‘Cost Police Officers Their Lives’ Harold Hutchison on March 8, 2023 White House press secretary Karine Jean-Pierre attacked Fox News host Tucker Carlson…
JPMorgan names Keith Canton as head of Americas Equities Capital Markets
(Reuters) – JPMorgan Chase & Co has named Keith Canton as the new head of Americas Equities Capital Markets (ECM) group, an internal memo seen by Reuters showed on Wednesday. Canton replaces…
Indonesia dismisses concerns over $32 billion capital city project, unveils incentives
By Stefanno Sulaiman SEPAKU, Indonesia (Reuters) – A top Indonesian official pledged on Wednesday that construction on a new capital city deep within the jungles of Borneo island would not stall when…
Rivian plans to sell $1.3 billion in bonds to shore up capital, shares fall
SAN FRANCISCO (Reuters) – Rivian Automotive plans to sell bonds worth $1.3 billion, it said on Monday, as weakening demand and lofty costs tighten a cash crunch around electrical vehicle makers. Shares…
Bank of England says insurers more likely to fail if capital cut rule goes ahead
By Huw Jones LONDON (Reuters) – Britain’s proposals to loosen capital rules for insurers will increase the chances of an insurance company failing by 20% in a given year, the Bank of…
Capital Group more bullish on 20-year stock and bond returns after 2022 drubbing
By Davide Barbuscia NEW YORK (Reuters) – U.S. firm Capital Group, one of the world’s largest investment management companies which manages about $2.2 trillion in equity and fixed income assets, said the…
Canada’s Scotiabank profit falls on capital market slump, provisions
(Reuters) – Bank of Nova Scotia (Scotiabank) reported a lower first-quarter profit on Tuesday, as a lull in its investment banking division dented income from its capital markets unit and compelled the…
EU calls for fast-track crypto capital rules for banks
By Huw Jones LONDON (Reuters) – Tough capital rules for banks holding cryptoassets must be fast-tracked in the European Union’s pending banking law if Europe wants to avoid missing a globally-agreed deadline,…
Galois Capital flagship fund to close after FTX losses
By Nell Mackenzie and Elizabeth Howcroft LONDON (Reuters) -Galois Capital hedge fund founder Kevin Zhou said on Monday his flagship fund would close after “losing almost half” of the fund’s money when…
A.P. Moller Capital plans $750 million infrastructure deals in South, Southeast Asia
By Anshuman Daga SINGAPORE (Reuters) – A.P. Moller Capital, the asset management unit of Danish transportation and logistics giant A.P. Moller Group, said on Monday it aims to invest more than $750…
China refines capital and risk management of commercial banks
BEIJING (Reuters) – China’s banking regulator and the central bank plan to adopt a more differentiated regulatory system for assessing commercial banks’ capital adequacy and risk management, in a step to better…
Swiss police arrest man found with explosive traces near country’s parliament
(Reuters) -Swiss police arrested a man found with traces of explosives outside the country’s parliament on Tuesday, sparking a security alert that shut down part of Bern for several hours. The man,…
Cargo airlines have until July to move flights from Mexico’s capital airport
MEXICO CITY (Reuters) – Cargo airlines operating out of Mexico’s busiest airport will have until July to leave the hub, a decree published in the country’s national gazette Thursday evening said. The…
U.S. core capital goods orders fall in December
WASHINGTON (Reuters) – New orders for U.S.-made capital goods fell in December, while shipments declined for a second straight month, suggesting that higher borrowing costs were now pressuring manufacturing. Orders for non-defense…
Aviva keeps dividend, capital returns guidance after UK’s December cold snap
LONDON (Reuters) – British insurer Aviva on Wednesday maintained its dividend guidance and capital returns outlook as it reported a positive end to trading for the year in its general insurance unit.…
Hedge fund Eisler Capital hires Damien Bombelli – sources
By Stefania Spezzati and Nell Mackenzie LONDON (Reuters) – Eisler Capital has recruited Damien Bombelli, whose background in commodities could help the hedge fund bolster a less profitable part of its business,…
‘Natural Capital’: Biden Admin Announces 15-Year Green Economics Plan
‘Natural Capital’: Biden Admin Announces 15-Year Green Economics Plan John Hugh DeMastri on January 19, 2023 The Biden administration announced an initiative Thursday to track the “economic role and value” of nature…
Investor group requests arbitration against Brazil’s Americanas and 3G Capital
By Carolina Pulice (Reuters) – A group of investors requested a collective arbitration against troubled Brazilian retailer Americanas SA and 3G Capital at the Brazilian stock exchange on Thursday, according to a…
Capital One scraps 1,100 tech positions – source
(Reuters) – Consumer lending firm Capital One Financial Corp has cut 1,100 positions in its technology segment, a person familiar with the matter told Reuters on Thursday, a move that comes as…
Aviation Capital latest lessor to doubt Airbus, Boeing targets
DUBLIN (Reuters) – Airbus and Boeing will find it challenging to meet intermediate delivery targets this year on their way to ramping up production sharply in the coming years, an executive at…
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