HONG KONG — Investors in Hong Kong are preparing to file a request for arbitration against the Swiss government for writing off the AT1 bonds issued by Credit Suisse, claiming the move was at odds with a bilateral investment treaty […]
May 9 (Reuters) – Canada’s anti-money laundering agency on Thursday said it had imposed a nearly C$6 million ($4.38 million) fine on cryptocurrency exchange Binance for violating the money laundering and terrorist financing laws. The Financial Transactions and Reports Analysis […]
TOKYO, May 9 (Reuters) – Sony Group (6758.T), opens new tab and other parties are considering buying online comic store operator Infocom Corp (4348.T), opens new tab in a deal worth up to 200 billion yen ($1.28 billion), Bloomberg News reported on Thursday. Infocom […]
BRASILIA, May 9 (Reuters) – Brazil’s markets fell on Thursday after the central bank cut rates in a split decision that saw appointees of the current government advocating for a larger reduction, sparking concerns of a forthcoming dovish monetary policy […]
MADRID/LONDON, May 9 (Reuters) – Sabadell (SABE.MC), opens new tab CEO Cesar Gonzalez-Bueno was in London on Thursday meeting with analysts to champion his bank’s success when news landed that rival BBVA (BBVA.MC), opens new tab was going hostile with its 12.23 billion-euro ($13.2 […]
NEW YORK, May 8 (Reuters) – Sung Kook “Bill” Hwang, founder of the $36 billion private investment firm Archegos Capital Management which collapsed spectacularly in 2021, arrived in court on Wednesday for the start of his criminal trial. Here is a […]
May 8 (Reuters) – Buyout firm Bain Capital is in talks to take education-software provider PowerSchool (PWSC.N), opens new tab private, a person familiar with the matter said on Wednesday. The deal, which is still a few weeks away from getting signed, […]
NEW YORK, May 8 (Reuters) – Sung Kook “Bill” Hwang arrived in court Wednesday for the start of his criminal racketeering trial over the collapse of Archegos Capital Management, facing charges that he and a deputy broke the law in […]
MADRID/BARCELONA, May 9 (Reuters) – Spain’s government opposes BBVA’s (BBVA.MC), opens new tab hostile takeover bid for its smaller rival Sabadell (SABE.MC), opens new tab, Economy Minister Carlos Cuerpo said on Thursday. Under Spanish law, the Economy Ministry has the power to block […]
The Biden administration has told the online banking group Chime it must pay $4.55 million for failing to issue refunds in a timely manner to customers who had closed their accounts with the firm. The Consumer Financial Protection Bureau announced Tuesday that […]
