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.…
China reports big jump in foreign capital inflows on reopening bets
SHANGHAI (Reuters) – Overseas investors increased their holdings of Chinese bonds in December, snapping a record 10-month spate of outflows, and capital inflows are expected to continue into the new year, the…
SMBC Aviation Capital says it would consider further acquisitions
DUBLIN (Reuters) – SMBC Aviation Capital, the world’s second-largest aircraft lessor, remains open to acquisition opportunities after its recent purchase of smaller rival Goshawk Aviation for $6.7 billion, its chief financial officer…
Ecuador lowers taxes on capital sent abroad, guns
QUITO (Reuters) – Ecuador will lower taxes on capital sent abroad and items like alcohol and trim overall value-added tax on specific shopping days this year, President Guillermo Lasso said on Tuesday.…
Foreign capital returned to Mexico last year, bucking earlier outflows
By Noe Torres MEXICO CITY (Reuters) – After two years of record outflows of foreign capital, Mexico’s economy bounced back in 2022 in large part due to attractive yields compared to other…
Brazil must ‘combat terrorism,’ top court justice says after capital riots
BRASILIA (Reuters) – Brazilian Supreme Court Justice Alexandre de Moraes said on Tuesday the country must firmly combat “terrorism” and “anti-democratic people attempting a coup” after supporters of former President Jair Bolsonaro…
Wood’s Ark Invest nearly liquidates Silvergate Capital position
By David Randall NEW YORK (Reuters) – Star stock picker Cathie Wood’s Ark Invest sold 403,990 shares of embattled crypto-focused bank Silvergate Capital Corp on Thursday as shares in the firm plunged…
South Korea eases property regulations across capital Seoul
SEOUL (Reuters) – South Korea’s finance ministry said on Tuesday it was easing financial regulations on home buyers in most districts of the capital Seoul, in an effort to support the country’s…
Indonesia eyes $11 billion in capital market fundraising this year
JAKARTA (Reuters) – Indonesia is targeting 170 trillion rupiah ($10.92 billion) in capital market fundraising for this year, including from initial public offerings and debt instruments, its financial regulator said on Monday,…
Ukraine reports Russian missile strikes on capital and other cities
KYIV (Reuters) -Ukraine reported a new wave of Russian missile strikes on Thursday morning as air-raid sirens blared across the country and officials said blasts were heard in several cities, including the…
ECB sets capital requirements for Monte dei Paschi for 2023, removes dividend ban
MILAN (Reuters) – The European Central Bank has set the minimum capital requirements for Banca Monte dei Paschi di Siena (MPS) for next year and also removed a ban on the distribution…
U.S. core capital goods orders rise modestly in November
WASHINGTON (Reuters) – New orders for U.S.-made capital goods rose moderately in November while shipments fell, pointing to a slowdown in business spending on equipment this quarter as higher borrowing costs cool…
Bank of Montreal raises C$2.6 billion in share sale to boost capital buffer
(Reuters) – Bank of Montreal said it has raised C$2.6 billion ($1.9 billion) by issuing new shares after Canada’s financial regulator asked lenders to set aside more capital to deal with a…
China’s re-opening to lift Asia equity capital market volumes from three-year lows
By Scott Murdoch SYDNEY (Reuters) – Asian equity capital markets activity, languishing at three-year lows now, is set to get a much needed boost in 2023 from China’s expected re-opening to the…
ECB ups Banco BPM’s core capital ratio threshold to 8.7% from 8.5%
MILAN (Reuters) – The European Central Bank has raised the minimum core capital requirement at Banco BPM to 8.70% for next year compared with 8.52% at present, Italy’s third-largest bank said on…
ECB sets core capital threshold for Italy’s Intesa at 8.88% from 8.81%
MILAN (Reuters) – The European Central Bank has set the minimum threshold for Intesa Sanpaolo’s core capital at 8.88% for next year, fractionally higher than the current 8.81% requirement, Italy’s biggest bank…
Russia sees fixed capital investment growth in 2022 – state media
(Reuters) – Russia expects investment in fixed capital to have grown in 2022, economy minister Maxim Reshetnikov was cited by state media as saying on Tuesday. Fixed capital investment is money spent…
Turkish watchdog cuts banks’ forex to capital ratio limit
ISTANBUL (Reuters) – Turkey’s BDDK banking watchdog has set the foreign currency net position to standard capital ratio for banks at a maximum 5% according to a regulation published in the country’s…
UniCredit faces higher ECB capital requirement as risks rise – Bloomberg News
(Reuters) – UniCredit SpA is facing the possibility of higher capital requirements next year, with the European Central Bank (ECB) seeking to ensure the Italian bank’s resilience against risks from Russia’s war…
ALD CEO: most existing shareholders fully subscribing to capital increase
By Nick Carey LONDON (Reuters) – Most of ALD’s existing shareholders are participating in a 1.2 billion euro ($1.27 billion) capital increase launched to finance its purchase of Dutch rival LeasePlan, the…
Police Superintendent Of US ‘Murder Capital’ Retiring After Hundreds Of Cops Leave Department
Police Superintendent Of US ‘Murder Capital’ Retiring After Hundreds Of Cops Leave Department Trevor Schakohl on December 7, 2022 The New Orleans Police Department’s (NOPD) superintendent is set to retire, with the…
Afghan capital hit by attacks near ex-PM Hekmatyar’s office, Pakistan Embassy
KABUL (Reuters) -One person was killed on Friday in a suicide bomb attack near the Kabul office of the Hezb-e-Islami party, former Afghan Prime Minister Gulbuddin Hekmatyar, said, the same day as…
U.S. Fed weighing changes to bank capital rules to better account for unexpected stress -Barr
(Reuters) – The U.S. Federal Reserve’s regulatory chief said on Thursday the central bank is exploring adjustments to bank capital requirements, noting the inability of supervisors to predict unexpected shocks would argue…
Bank of Montreal posts lower quarterly profit as capital markets slump
(Reuters) – Canada’s Bank of Montreal posted a lower fourth-quarter profit on Thursday, as revenue from its capital markets business tumbled and the lender increased provisions for credit losses to brace for…
Exclusive-Ex-Tiger Global partner John Curtius to raise $1 billion for new venture capital fund -source
By Krystal Hu (Reuters) -John Curtius, a former partner at investment firm Tiger Global, is in talks with institutional investors to raise $1 billion for his new venture fund Cedar Investment Management,…
Hedge fund Engine Capital urges Univar to consider sale, other options
(Reuters) -U.S. hedge fund Engine Capital on Wednesday urged Univar Solutions Inc to consider a sale or other strategic options, days after Germany’s Brenntag SE said it was in preliminary talks to…
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