UniCredit completes sale of Turkey’s Yapi Kredi
MILAN – UniCredit has finalised the sale of its remaining 18% stake in Turkey’s Yapi Kredi Bank to Istanbul-listed Koc Holding, Italy’s second-biggest lender said on Friday. The transaction, which…
MILAN – UniCredit has finalised the sale of its remaining 18% stake in Turkey’s Yapi Kredi Bank to Istanbul-listed Koc Holding, Italy’s second-biggest lender said on Friday. The transaction, which…
BOSTON – The principal and co-founder of a mortgage short sale assistance company was sentenced yesterday in connection with defrauding mortgage lenders and investors out of nearly $500,000 in proceeds…
Damian Williams, the United States Attorney for the Southern District of New York, and Ricky Patel, Acting Special Agent in Charge of the New York Field Office of Homeland Security…
OSLO – Telenor will receive payments for the sale of its Myanmar operations over the next five years, the Norwegian telecoms company said on Friday as it announced the completion…
By Shariq Khan – U.S. shale oil producer ConocoPhillips is working with an adviser to sell its gas-producing assets in the Anadarko Basin of North Texas and Western Oklahoma, according…
– Shares of the world’s largest inter-dealer broker TP ICAP jumped as much as 11% on Wednesday after U.S. hedge fund Phase 2 Partners asked the British company to explore…
Baltimore, Maryland – A federal grand jury has returned an indictment charging Philip Abramowitz, age 50, of Pikesville, Maryland, with bank fraud and conspiracy to commit bank fraud and Calvin…
MEXICO CITY – Mexican banking institution Banorte will invite Mexicans to “recover” Citigroup’s retail unit in the country, which is set to go up for sale in coming months, if…
– Electric-car maker Tesla Inc delayed a more than $1 billion offering of bonds backed by leases on its electric vehicles, Bloomberg News reported on Wednesday. The move follows “buy…
Louisiana-based company Power Performance Enterprises Inc. (PPEI) and its President and owner, Kory B. Willis, pleaded guilty to criminal charges today in federal court in Sacramento, California. Both defendants pleaded…
MILAN – Italy’s Leonardo will take into account the effort of European governments to build common military capabilities, when assessing options to sell two of its defence units, unions said…
Damian Williams, the United States Attorney for the Southern District of New York, and Ricky Patel, Acting Special Agent in Charge of the New York Field Office of Homeland Security…
Jacksonville, Florida –United States Attorney Roger B. Handberg announces the return by a grand jury of an indictment charging former Jacksonville Electric Authority (JEA) Chief Executive Officer (CEO) Aaron Zahn…
Damian Williams, the United States Attorney for the Southern District of New York, announced that DEVON ARCHER was sentenced today by the Honorable Ronnie Abrams to a year and a…
By David Henry and Matt Scuffham NEW YORK – The sale of Citigroup’s Russian consumer bank could be complicated by U.S. sanctions on Russian state bank VTB, the only publicly…
By Elvira Pollina MILAN -Telecom Italia (TIM) is considering selling its stake in mobile tower group INWIT to French investment fund Ardian as part of its efforts to shore up…
SHREVEPORT, La. – Samuel Holbert Brumfield a/k/a “Sammy B,” 35, of Many, Louisiana, has been sentenced by United States District Judge Donald E. Walter, United States Attorney Brandon B. Brown…
ALEXANDRIA, Va. – A Manassas man was sentenced today to 142 months in prison for selling counterfeit prescription pills containing fentanyl in addition to illegally possessing and selling firearms. According…
SAO PAULO – Brazilian shoemaker Alpargatas has raised 2.49 billion reais ($492 million) in a planned follow-on share offering, a securities filing showed. Investment firm Itausa, which was already one…
SAO PAULO -Brazilian rental car firms Localiza and Unidas, formally known as Companhia de Locacao das Americas, are close to selling assets to win approval from antitrust watchdog Cade for…
CHICAGO — An inmate in a state prison in Arizona has been charged with federal drug offenses for allegedly brokering the sale of fentanyl and methamphetamine in Illinois. A criminal…
NEWS RELEASE SUMMARY – February 18, 2022 SAN DIEGO – Gavin Michael Adcock of San Diego appeared in federal court today in connection with a grand jury indictment charging him…
BERLIN -Germany’s financial watchdog BaFin said on Thursday that it planned to clamp down on the marketing, distribution and sale of futures products with additional payment obligations. It isn’t the…
JERUSALEM – Tower Semiconductor on Thursday reported a higher than expected rise in quarterly profit, days after Intel Corp said it planned to buy the Israeli chipmaker. The company, previously…
SAO PAULO – Brazil’s state-controlled development bank BNDES sold on Wednesday 50 million shares of the meatpacker JBS SA, raising about 1.9 billion reais ($369.90 million), said the director of…