India central bank allows lenders to fund up to 75% in M&A deals
Financing can only take place when a firm ‘already holds control’ over the target company, says RBA A’s central bank will allow lenders to finance up to 75 per cent of the…
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lenders
Trump housing finance chief OKs more mortgage spending and adds risk for government-backed lenders
President Trump's federal housing finance director, Bill Pulte, quietly granted government-backed lenders the authority to nearly double a $200 billion bond purchase that Trump ordered to…
‘Shadow banking’ growing at double the rate of traditional lenders, FSB says
The sector’s rapid growth alarms regulators over weak transparency and risks spilling into broader financial markets The non-bank financial sector’s share of global assets grew to 51 per…
UK lenders approve more mortgages than expected in October, consumer lending cools
British lenders approved more mortgages than expected in October, despite concerns about finance minister Rachel Reeves’ budget, and consumer credit grew at a slower pace than in…
Bankers groan at UK tax rise even as lenders rally after budget
New tax rates for dividends, property and savings income and a decision to tinker with the treatment of cash savings accounts added to the gloom While some bank stocks rallied to their…
Powell’s warning to investors and lenders: The Fed won’t spoil the markets any longer
US FEDERAL Reserve chairman Jerome Powell seldom repeats himself, so Wall Street listened carefully when he delivered the same warning twice at a press conference following Wednesday’s…
Indonesia’s Chandra Asri in talks with lenders to fund US$1 billion deal to buy Singapore’s Esso stations
Chandra Asri Pacific, an Indonesian energy and chemicals firm, is in talks with competing consortiums of lenders for loans to back its US$1 billion purchase of Esso-branded service…
Thailand’s tourism slump and household debt weigh on its lenders
Thailand’s banks are grappling with weak lending amid high household debt, slowing tourism and sluggish consumer spending that risk dampening their outlook for the rest of the year. The…
China lenders rush to sell riskiest debt to catch low yields
Chinese authorities have pushed through the mergers of hundreds of smaller, mostly rural banks, while the larger behemoths are struggling to generate profits due to record-low margins …
Chipmaker Wolfspeed nears bankruptcy deal with lenders including Apollo
Struggling chipmaker Wolfspeed will be taken over by creditors including Apollo Global Management under a proposal that would put it into bankruptcy just long enough to slash billions of…
Private lenders set to take over Alacrity in debt restructuring
DIRECT lenders including Antares Capital, Blue Owl Capital and KKR are preparing to take over insurance claims manager Alacrity Solutions, the latest restructuring in the private credit…
Commerzbank would lose clients in UniCredit merger, German lender’s CEO says
COMMERZBANK and UniCredit did not discuss a merger at a recent meeting, the German lender’s CEO Bettina Orlopp told a local newspaper, saying any tie-up with its Italian peer would result…