Tag: Finance
Blackrock plans first China ETF product this year
BlackRock Inc plans to launch its first product in China's $220 billion onshore exchange-traded fund (ETF) market later this year and has started hiring staff...
Nexo and mastercard launch crypto-backed payment card
Crypto lender Nexo said that it has teamed up with global payments company Mastercard to launch on what it calls the world's first crypto-backed payment...
Generali rebel shareholder’s plan puts dividend targets at risk
The company's Chief Executive Philippe Donnet stated that the Rebel shareholders' business plan presented at Italy's largest insurer Assicurazioni Generali puts dividend targets at risk....
Carlyle raises $4.6 BLN
Carlyle Group Inc said that it has raised $4.6 billion for its second credit fund that provides debt financing to companies. This includes the family-owned...
Prosecutor urges ex- Goldman banker’s conviction over 1 MDB
A U.S. prosecutor urged jurors to convict a former senior Goldman Sachs banker for helping loot billions of dollars from Malaysia's 1MDB sovereign wealth fund....
With capital markets jittery, private equity pounces to finance tech buyouts
When buyout firm Thoma Bravo LLC was seeking lenders to finance its acquisition of business software company Anaplan Inc, it skipped banks and went...
Global green finance rises over 100-fold
Global green financing, aimed at environmentally friendly projects around the world. This has grown over 100 times in the past decade. This is shown...
Retail traders splurge on risky plays
Freshly emboldened retail investors have continued piling into risky assets. This is by supporting a bounce that has buoyed everything from so-called meme stocks...
Zurich insurance removes Z symbol
Zurich Insurance has removed its Z logo from social media after the letter became a symbol of support in Russia for Moscow's invasion of Ukraine....
US student loans set for rising delinquencies
A New York Federal Reserve analysis showed an increase in delinquencies last year among a smaller pool of U.S. student loans not covered by...
