RBC Capital Markets has promoted a senior debt capital markets banker to lead its corporate business in Europe and the UK. Allison MacKinnon has been handed a new role as head of corporate DCM for Europe and the UK, taking […]
KPMG UK and KPMG Switzerland partners have voted in favour of merging the two firms. The newly merged business will have revenue of $4.4bn and will stretch across audit, legal, tax and advisory. Source: FN
STRESA, Italy, May 25 (Reuters) – U.S. Treasury Secretary Janet Yellen said on Saturday that a loan for Ukraine backed by the income from frozen Russian sovereign assets is the main option for G7 leaders to consider in June, but […]
May 27 (Reuters) – The European Central Bank is ready to cut interest rates next month but policy must continue to be restrictive this year as wage growth will not normalise until 2026, ECB chief economist Philip Lane told the […]
Hong Kong private equity real estate firm Gaw Capital Partners has acquired a new Japanese property, expanding the company’s datacentre portfolio amid an artificial-intelligence boom. Gaw Capital has acquired an 11,233 square metre property in Fuchu Intelligent Park, a data-center […]
May 23 (Reuters) – Danish company Orsted (ORSTED.CO), opens new tab has secured an investment of $680 million in tax equity financing from J.P. Morgan (JPM.N), opens new tab for a portfolio of solar and storage assets in Texas and Arizona, the clean energy […]
May 24 (Reuters) – Citigroup (C.N), opens new tab, HSBC Holdings (HSBA.L), opens new tab and Barclays (BARC.L), opens new tab are ordering more staffers to report to company offices five days a week, Bloomberg News reported late on Thursday. Citi has asked about 600 […]
Cash-strapped developer China Vanke is putting more of its fringe assets up for sale to stave off a liquidity crisis and pare US$147 billion of liabilities, after a multi-year slump in home sales weakened its finances and creditworthiness. The home builder will […]
Capital markets in the Gulf are fast emerging as “key partners” for London’s financial services companies, UK economic secretary and City minister, Bim Afolami, told a summit. “That’s why last year we agreed with the kingdom of Saudi Arabia to collaborate on financial services, including […]
The South Korean government is apparently proposing to invest more than 20 trillion won (about $14.63 billion) in policy funds to promote semiconductor-related sectors like materials, components, and equipment, as well as fabless (design) firms. This comprises almost 15 trillion […]
