capital-markets

Image for China Investment sells some shares in Teck ResourcesTop Stories

China Investment Sells Some Shares in Teck Resources

Image for Japan’s top lenders in fresh drive to win US investment banking dealsTop Stories

Japan’s Top Lenders in Fresh Drive to Win US Investment Banking Deals

Image for BlackRock fund targets greening of materials sectorTop Stories

BlackRock Fund Targets Greening of Materials Sector

Image for Sovereign wealth funds: managing national wealth and investmentsFinance

Sovereign Wealth Funds: Managing National Wealth and Investments

Image for Irish state, Britain’s NatWest to sell 6% stake in Permanent TSB

Irish State, Britain’s NatWest to Sell 6% Stake in Permanent Tsb

Date: June 2, 2023

LONDON/DUBLIN (Reuters) -Ireland’s finance ministry and British lender NatWest Group said on Thursday they would together sell 6% of Irish bank Permanent TSB, the first sale of shares in the lender by the Irish state since 2015. The two shareholders will each sell 3% in the group to dispose of a combined 33 million shares...

Image for Explainer-How Wall Street is preparing for possible US debt default

Explainer-How Wall Street Is Preparing for Possible US Debt Default

Date: May 22, 2023

NEW YORK/WASHINGTON (Reuters) – As talks over raising the U.S. government’s $31.4 trillion debt ceiling go down to the wire, Wall Street banks and asset managers have been preparing for the fallout from a potential default. The financial industry has prepared for such a crisis before, most recently in September 2021. But this time, the...

Image for King Charles greets wellwishers outside palace before coronation

King Charles Greets Wellwishers Outside Palace Before Coronation

Date: May 5, 2023

King Charles greets wellwishers outside palace before coronation LONDON (Reuters) -Britain’s King Charles and his son William greeted wellwishers outside Buckingham Palace in central London on Friday, a day before Charles’ formal coronation ceremony. Charles left the palace gates in his royal car before stopping halfway down the Mall, where fans are camped out ahead...

Image for Cineworld gets US court approval to raise $2.26 billion after bankruptcy

Cineworld Gets US Court Approval to Raise $2.26 Billion After Bankruptcy

Date: May 3, 2023

Cineworld gets US court approval to raise $2.26 billion after bankruptcy By Dietrich Knauth (Reuters) – Bankrupt movie theater chain Cineworld received U.S. court approval on Tuesday to raise $2.26 billion as part of its exit from bankruptcy, after reaching a settlement with a minority faction of lenders that had opposed parts of the exit...

Image for U.S. officials lead urgent rescue talks for First Republic -sources

U.S. Officials Lead Urgent Rescue Talks for First Republic -Sources

Date: April 28, 2023

U.S. officials lead urgent rescue talks for First Republic -sources By Nupur Anand, Andrea Shalal and Greg Roumeliotis NEW YORK (Reuters) – U.S. officials are coordinating urgent talks to rescue First Republic Bank as private-sector efforts led by the bank’s advisers have yet to reach a deal, according to three sources familiar with the situation....

Image for Apollo assures investors deposit flight won’t spill over to Athene

Apollo Assures Investors Deposit Flight Won’t Spill Over to Athene

Date: March 30, 2023

By Chibuike Oguh (Reuters) – Apollo Global Management Inc has been telling investors and analysts in the last few days that its reinsurance business Athene does not face the risk of a run on its annuities akin to how deposits fled some U.S. regional banks. Apollo shares have lost 15% of their value since the...