Carlyle buys $415 million student loan portfolio from Truist
(Reuters) – Private equity giant Carlyle Group has bought a $415 million portfolio of student loans from Truist Bank, expanding into a market that is …
portfolio
FDIC-run Signature Bridge Bank sells 20% stake in entity holding $9 billion CRE portfolio
(Reuters) – The Federal Deposit Insurance Corporation, as the receiver of the failed Signature Bank, said on Wednesday it has sold a 20% equity stake …
KKR buys $7.2 billion recreational vehicle loan portfolio from BMO Financial
(Reuters) – Global investment firm KKR said on Friday funds managed by its credit business has purchased a $7.2 billion portfolio of super-prime recreational vehicle …
Spirits giant Diageo seeks to sell beer portfolio on margin concerns- Axios
(Reuters) -Diageo is seeking to divest its beer portfolio on margin concerns, except flagship brand Guinness, Axios reported on Tuesday, citing sources familiar with the …
Average 60/40 portfolio has best month in November since 1991 – BofA
LONDON (Reuters) – November was the best month in over three decades for a classic stock and bond portfolio, as both markets posted their best …
Baloise explores sale of $1.1 billion Belgian insurance portfolio – sources
By Pablo Mayo Cerqueiro LONDON (Reuters) – Swiss insurer Baloise is in talks to sell around 1 billion euros ($1.1 billion) of life insurance policies …
Ex-Odey portfolio manager Hanbury aims short bet on private equity – letter
By Nell Mackenzie LONDON (Reuters) – Former Odey Asset Management (OAM) portfolio manager James Hanbury has taken short positions against private equity, which will likely …
Australia’s Computershare to sell US mortgage portfolio for $720 million
By Rishav Chatterjee (Reuters) -Australia’s Computershare said on Tuesday it was selling its U.S. mortgage services arm to asset manager Rithm Capital for $720 million, …
PNC Bank buys $16.6 billion capital commitment portfolio from Signature Bridge Bank
(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 …
HEICO to buy Wencor for $2 billion to boost aircraft generic parts portfolio
By Abhijith Ganapavaram and Allison Lampert (Reuters) -Aerospace supplier HEICO Corp said on Monday it will buy Wencor Group in a deal valued at $2.05 …
Heineken to invest $300 million in Brazil to expand premium beer portfolio
SAO PAULO (Reuters) – Heineken NV, the world’s second-largest brewer, said on Thursday it will invest 1.5 billion reais ($300.8 million) in Brazil as part …
Inflation could make or break rebounding 60/40 portfolio
By Lewis Krauskopf and David Randall NEW YORK (Reuters) – An investing strategy designed to hedge against market declines is rebounding after a rough year, …
FDIC retains BlackRock unit for Signature Bank, SVB securities portfolio sale
(Reuters) – The Federal Deposit Insurance Corporation (FDIC) has retained BlackRock Inc unit Financial Market Advisory to sell the securities portfolios it kept in receivership …
FDIC announces sale process of former Signature Bank loan portfolio
(Reuters) – The Federal Deposit Insurance Corporation (FDIC) on Monday announced the marketing process for the about $60 billion loan portfolio retained in receivership following …
Analysis-Sharp drop in equity premium may mark return of 60/40 portfolio
By Mehnaz Yasmin (Reuters) – The reward for holding U.S. stocks over Treasury bonds has not been this unattractive since 2004, possibly setting the stage …
Tata Motors looks to expand electric car portfolio, add pricier models
By Aditi Shah and Praveen Paramasivam GREATER NOIDA, India (Reuters) – Tata Motors plans to expand its electric car portfolio with new models and higher …
Gold is better portfolio diversifier than bitcoin -Goldman Sachs
(Reuters) – Goldman Sachs expects gold, with its real demand drivers, to outperform the highly volatile bitcoin in the long term, the bank wrote in …
Uralsib completes purchase of Citi’s Russian consumer loan portfolio
MOSCOW (Reuters) -Russian commercial bank Uralsib said on Monday it had completed the acquisition of a portfolio of consumer loans from Citigroup Inc’s Russian unit, …
Generali plans sale of $21 billion of its Italian life insurance portfolio -Bloomberg News
(Reuters) -Italian insurer Generali SpA is planning to sell roughly 20 billion euros ($21 billion) of its Italian life insurance portfolio, Bloomberg News reported on …
REUTERS NEXT: Crypto entrepreneur Sun looking at FTX ventures’ portfolio companies
LONDON (Reuters) – FTX’s venture capital arm has assets that could be worth investing in, but since the failed crypto exchange has entered Chapter 11 …
Elliott raises stake in Pinterest; adds Clarivate, Cardinal Health to portfolio
(Reuters) – Hedge fund Elliott Investment Management raised its stake in social media platform Pinterest while adding Clarivate Plc, Cardinal Health and Triple Flag Precious …
Royal Bank of Canada eyes 2030 emission cuts in lending portfolio
By Manya Saini and Simon Jessop LONDON (Reuters) – Royal Bank of Canada on Wednesday released interim 2030 targets to cut carbon emissions linked to …
Commodities key for diversifying portfolio risk, says Goldman
(Reuters) – Commodities remain a key asset class for diversifying portfolio risk despite continued underperformance to their own fundamentals given a strong dollar, rising recession …
Dog Haus Expands Virtual Kitchen Portfolio Throughout California
Acclaimed gourmet hot dog, sausage and burger concept opens three virtual kitchens in Oakland, San Francisco and Santa Monica Pasadena, CA (RestaurantNews.com) Dog Haus is …
Foodie Franchises Portfolio Grows to (8) Emerging Food Brands
Johns Island, SC (-) Gregory George, the Founder of Foodie Franchises, announced the roll out of eight emerging food franchises. After 20 plus years specializing …
Foodie Franchises Adds Buena Papa Fry Bar to Franchise Portfolio
Wilmington, NC (-) Foodie Franchises Founder Greg George announced the addition of Raleigh, NC based Buena Papa Fry Bar to the company’s portfolio of food …
Revolution Awarded Two Additional Technology Patents, Including 1st Internationally; Broadens IP Portfolio to Nine Patents
Revolution’s first international patent covers POS integration, dynamic menu creation and upselling capabilities. Southlake, TX (-) Restaurant Revolution Technologies (Revolution) announced today its ownership of …
Foodie Franchises Continues Expanding Portfolio of Emerging Food Brands
Charleston, SC (-) Foodie Franchises CEO and Founder Greg George announces the addition of BK Lobster Seafood Bar to the company’s portfolio of emerging food …
Fransmart Hires for Multi-Billion Dollar Portfolio of Category-Leading Franchise Brands
Shannon keller Leading franchise development company fuels consistent growth with its proven formula of turning emerging franchise concepts into international success stories Scottsdale, AZ (-) …
Rich Products Adds Decadent Dessert Pizza Slices and Parfaits to Individually Wrapped Portfolio for Limited Service Restaurants
(-) Rich Products introduces enticingly indulgent OUR SPECIALTY TREAT SHOP™ Brownie Dessert Pizzas and Parfaits that will satisfy the sweet tooth of Limited Service …
Columbia Threadneedle, Mercer warned BoE on gilts
By Carolyn Cohn LONDON (Reuters) -Investment manager Columbia Threadneedle and pension consultants Mercer warned the Bank of England about the impact on pension schemes of …
Iberdrola hires Barclays to sell stake in Spanish renewable portfolio, Expansion says
MADRID (Reuters) – Spanish power company Iberdrola hired Barclays’ investment bank to sell up to 49% in a portfolio of Spanish renewable power projects, Expansion …
Multi-Unit Jersey Mike’s Subs Franchisees Adds Teriyaki Madness to Their Portfolio
Recognizing the strength of the Seattle-style teriyaki concept and the unmet demand in their community of Connecticut, Ken Schanke and Audrey Poynton are the latest …
Rich’s Adds Cauliflower Ciabatta To Parbaked Portfolio, Bringing Fresh-Baked Quality to Your Menu
(PRESS RELEASE) Rich Products expands its comprehensive bread portfolio with the delicious new parbaked Cauliflower Ciabatta Roll, an ideal plant-based option for your sandwich menu. …
Burkina Faso military leader takes over defence portfolio in cabinet reshuffle
OUAGADOUGOU (Reuters) – Burkina Faso’s military leader Colonel Paul-Henri Damiba has taken over the defence portfolio in the West African nation struggling with an ongoing …
China debt sees portfolio outflows despite nascent recovery for EM in August – IIF
By Jorgelina do Rosario LONDON (Reuters) – China debt markets lost $7.7 billion in August in a seventh straight month of portfolio outflows, data from …
South Africa’s Mr Price expands baby portfolio with standalone stores
JOHANNESBURG (Reuters) – South Africa’s value fashion and homeware retailer Mr Price is testing standalone baby stores, in a push to gain a share of …
New Fully Finished Donut Portfolio From Rich’s Delivers Freshness That Lasts
(PRESS RELEASE) Rich Products introduces a Fully Finished Donut Portfolio with eight irresistible flavors ranging from cake and glazed rings to iced, sprinkled, and filled. …
Fed staff sees bond portfolio income turning negative in coming months
(Reuters) – Federal Reserve staff expect the net income from the Fed’s holdings of more than $8 trillion of bonds to “turn negative in coming …
Tiger Global slashes portfolio amid losses
By Carolina Mandl NEW YORK -Investment firm Tiger Global Management, which lost billions of dollars in this year’s technology meltdown, slashed or completely exited most …
‘Big Short’ fund manager Burry dumps portfolio, buys prison stock
By David Randall NEW YORK – Scion Asset Management fund manager Michael Burry, who rose to fame with timely bets against housing ahead of the …
Platinum Partners Portfolio Manager Daniel Small Convicted of Defrauding Bondholders in a Multi-Million Dollar Scheme
Daniel Small, a former portfolio manager for Platinum Partners L.P. (Platinum), was convicted today by a federal jury in Brooklyn on charges of securities fraud …
Alpha Bank to sell bad loan portfolio to Hoist Finance
ATHENS – Alpha Bank, one of Greece’s four largest lenders, said on Friday it signed a binding agreement to sell a 400 million euro ($407 …
Macerich’s A-Quality Portfolio Continues to Draw Large-Format Entertainment Tenants
-Round1 Will Open Two New Locations- SANTA MONICA, Calif., July 12, 2022 — Macerich (NYSE: MAC), one of the nation’s leading owners, operators and developers of …
Acorn Growth Companies’ Portfolio Company Aerospares 2000 announces its merger with Sentry Aerospace
Aerospares 2000 Limited, an Acorn Growth Company, today announced its merger with Sentry Aerospace Corporation. Tweet this “Sentry is a leader in the aerospace aftermarket …
JP Morgan sees portfolio rebalancing lifting U.S. stocks 7% next week
By Saqib Iqbal Ahmed NEW YORK – U.S. equities could see a 7% move up next week as investors rebalance their portfolios after a brutal …
Storage Post Self Storage acquires a 2-property self-storage portfolio in the NYC MSA, making their 10th and 11th property acquisitions this year
Storage Post Elizabeth is located at 1189 Magnolia Avenue, Elizabeth, NJ 07201 and Storage Post Perth Amboy is at 900 State Street, Perth Amboy, NJ …
Scully Company Enters Boston Market; Expands New England Portfolio
Scully acquired the market rate property from Blackfin Real Estate Investors with the disposition and financing coordinated by Berkadia. The Pennsylvania-based firm intends to modernize …
Empire Portfolio Group Opens New Stamford-West Side, CT Orangetheory Fitness Studio
NEW YORK, May 31, 2022 — Empire Portfolio Group (“Empire”), a leading Area Developer and Franchisee of Orangetheory® Fitness, the heart rate-based interval training fitness …
Three Portfolio Managers And Allianz Global Investors U.S. Charged In Connection With Multi-Billion Dollar Fraud Scheme
Allianz Global Investors U.S. LLC Also Charged With Securities Fraud, Agrees to Plead Guilty Damian Williams, the United States Attorney for the Southern District of …