Category: Companies

Source: Reuters (via feed) India's financial crimes agency has frozen properties worth 5.82 billion rupees, equivalent to $63.07 million. The Enforcement Directorate announced the freeze on Thursday. The properties are linked to Reliance Home Finance…

Source: Reuters (via feed) Investment funds managed by large financial firms such as KKR and Blue Owl have experienced recent declines in their stock prices. The declines come as investors question the quality of the…

Source: Reuters (via feed) Top Italian insurer Assicurazioni Generali is interested in replacing French insurer AXA as a partner for Monte dei Paschi di Siena. This information was provided by Generali’s chief executive. Generali also…

Source: Reuters (via feed) The National Stock Exchange of India announced on Thursday that it has appointed 20 merchant banks to manage its initial public offering. This is the largest number of merchant bankers selected…

Source: Reuters (via feed) Many Wall Street firms expected military action before U.S.-Israeli air strikes on Iran's Supreme Leader. This anticipation came as a result of warnings from ex-military and national security advisors. These advisors…

Source: Reuters (via feed) HSBC and Standard Chartered are the most exposed European banks to the conflict in the Middle East, J.P. Morgan noted on Thursday. The investment bank issued a caution regarding this exposure…

Source: Reuters (via feed) India's $5 billion packaged water market faces uncertainty due to the ongoing Iran war. The conflict has unsettled the sector just before the peak summer season. The war is affecting the…

Source: Reuters (via feed) TP ICAP reported a 3.6% increase in its annual pre-tax profit on Thursday. The jump was supported by volatile markets over the past year. Strong performance in its global broking division…

Source: Reuters (via feed) Global real estate company Savills said on Thursday that it would acquire real estate investment bank Eastdil Secured. The acquisition price values Eastdil Secured at $1.1 billion on an enterprise basis.…

Source: Reuters (via feed) BMW's operating profit margin for its core automotive segment fell more than forecast in the fourth quarter. The company announced this development on Thursday. The decline in margin affected the core…

Source: Reuters (via feed) Swiss investment firm Partners Group chair Steffen Meister warned that default rates in private credit could double over the next few years. The warning was reported by the Financial Times on…

Source: Reuters (via feed) Morgan Stanley limited redemptions at one of its private credit funds. A regulatory filing on Wednesday showed investors sought to withdraw almost 11% of shares outstanding. The fund is managed by…

Source: Reuters (via feed) Chinese companies have increased their use of derivatives to protect against currency exposure. The yuan has risen in value, which has affected some exporters for several months. More recently, the war…

Source: Reuters (via feed) French bank Credit Agricole has agreed to buy Ukraine's Bank Lviv. The bank announced this on Wednesday. Credit Agricole said the deal is part of its strategy. The strategy involves supporting…

Source: Reuters (via feed) Dealmaking in the international upstream oil and gas market remained subdued for the second straight year in 2025. The total value of deals was $18 billion. This information was provided by…

Source: Reuters (via feed) A large trust established for the family of Austrian property tycoon Rene Benko has filed for insolvency. The filing was made public on Wednesday. The trust was ordered to pay around…

Source: Reuters (via feed) Britain's Revolut said on Wednesday that regulators had lifted restrictions on its UK banking licence. This change allows the fintech firm to launch as a bank in the UK. It ends…

Source: Reuters (via feed) Janus Henderson said on Wednesday its board had determined that Victory Capital's proposal to buy the asset manager was not superior to the take-private deal with Trian and General Catalyst. BizTrendWire…

Source: Reuters (via feed) Some clients of QatarEnergy, including Shell and TotalEnergies, have declared force majeure to customers who take liquefied natural gas (LNG) from Qatar through them. This information was provided by three sources…

Source: Reuters (via feed) Indian gas firm GAIL has bought a liquefied natural gas cargo from Oman, three trade sources said. The purchase was confirmed by the sources but no additional details were provided. The…

Source: Reuters (via feed) India's fintech firm Cred has received approval from the country's central bank to operate as a payment aggregator. The company announced the approval on Wednesday. Cred is backed by Tiger Global…

Source: Reuters (via feed) Italian banks Monte dei Paschi di Siena (MPS) and Mediobanca approved steps toward a full merger. The approval came after tensions among shareholders and directors. These tensions led the MPS board…

Source: Reuters (via feed) Private equity firm CVC Capital Partners reported an annual profit slightly above expectations. This information was made public on Wednesday. No additional details were included in the report. BizTrendWire Insight: CVC…

Source: Reuters (via feed) Bank of America has hired four veteran technology bankers, according to two internal memos seen by Reuters. The memos state the hires aim to expand the bank’s market share in technology…

Source: Reuters (via feed) Bank of America expects its net interest income to grow 7% in the first quarter. The bank also expects investment banking fees to climb 10% during the same period. These projections…