The fact that the Europe’s central bank is considering to investigate China’s & Qatar’s holdings is telling. As per a regulatory source within Europe’s top banking regulator, the bloc’s central bank is considering carrying out a review of Deutsche Bank’s… Read More ›
Takata’s bankruptcy proceedings on novel ground given the number of parties involved and the quantum of the recall. With last week’s global recall of Takata Corp’s defective air bags being widened, the bigger worry, as per legal experts, is the… Read More ›
As per WSJ’s report, Houston-based EnerVest Ltd stands out because only 7 private-equity funds worth more than $1 billion have ever lost money for investors. As per a report filed by the Wall Street Journal, a number of lenders, including… Read More ›
Wells Fargo is restructuring itself to make it leaner and more efficient. The Financial Times has reported citing Wells Fargo’s CFO, John Shrewberry as saying, it will be spinning off a number of its products “worth hundreds of millions of… Read More ›
While Barnier and Davies thrash out the larger issues, working groups on either side will focus on issues, including, recovering Britain’s budgetary dues to the EU, citizen’s rights, and other tidbits. On Monday, when Britain’s Brexit Secretary David Davis meets… Read More ›
Toyota’s lucrative venture has potential but to bloom it needs an ecosystem that provides advisors with product expertise and genuine corporate customers. Toyota has become the latest Fortune 500 company to launch an AI focused capital venture fund. During the… Read More ›
Symantec is exploring to divest its web certification business which generates $400 million in annual turnover. According to sources familiar with the matter at hand, U.S. cybersecurity company Symantec Corp is considering to sell its website certification business in a… Read More ›
By sharing his views publicly with Nestle, Daniel Loeb is hoping to pressure the company into improving its performance in comparison with its peers. As per a source familiar with the matter at hand, Daniel Loeb, an activist investor, is… Read More ›
Elliott Management, Oncor’s largest creditor, has unveiled its bid of $18.5 billion topping Berkshire’s bid of $18.1 billion. The hedge fund has let it be known that it would support Berkshire’s or any third party’s bid, if they were to… Read More ›
The deal allows Chinese consumers to make international payments through Stripe. In a significant development, Stripe a Silicon Valley startup, has partnered with China’s Alipay and WeChat, to enable digital payments for merchants using its platform globally. Now Stripe can… Read More ›
