PE firm KKR acquires $373 million portfolio of Synovus Bank's prime auto loans
Private equity giant KKR said on Tuesday it had acquired a $373 million portfolio of prime auto loans
1970-01-01 08:00
Nuh violence: Is bulldozer punishment trampling justice in India?
Some Indian states use bulldozers to demolish homes of people accused of crimes - experts say it is illegal.
1970-01-01 08:00
Moody's says US banks are still strong despite downgrades
By Lananh Nguyen and Tatiana Bautzer NEW YORK Ratings agency Moody's said the U.S. banking sector is still
1970-01-01 08:00
Global banks rattled after Moody's cuts, Italy windfall tax
By Niket Nishant (Reuters) -Global bank shares skidded on Tuesday after Moody's downgraded 10 mid-sized U.S. banks and Italy approved
1970-01-01 08:00
Italy slaps 40% one-off windfall tax on its banks
Italy dealt a surprise blow to its banks and sent shockwaves across the sector in Europe by setting a one-off 40% tax on profits reaped from higher interest rates, after reprimanding lenders for failing to reward depositors.
1970-01-01 08:00
Moody's warns it could cut credit ratings of 6 big US banks
Moody's has put the credit ratings of six large US banks, including Bank of New York Mellon, State Street and Northern Trust, under review for a possible downgrade.
1970-01-01 08:00
Italy shocks banks with 40% windfall tax for 2023
By Angelo Amante, Giuseppe Fonte and Valentina Za ROME (Reuters) -Italy dealt a surprise blow to its banks and sent
1970-01-01 08:00
SoftBank reports mixed quarter, says 'timidly' restarting investment
By Anton Bridge TOKYO (Reuters) -Japan's SoftBank Group posted a surprise loss but said it was dipping its toes back
1970-01-01 08:00
S.African lender Nedbank posts 11% rise in half year profit
JOHANNESBURG (Reuters) -South Africa's Nedbank Group, amongst the top five lenders in the country, recorded an 11% rise in interim
1970-01-01 08:00
US banker bonuses to sink as much as 25% on sluggish deals -consultant
By Lananh Nguyen NEW YORK U.S. investment bankers who advise companies on deals can expect their bonuses to
1970-01-01 08:00
Aussie banks margins seen falling; outlook key in high-rate environment
By Upasana Singh and Rishav Chatterjee Australia's biggest banks are likely to report narrower profit margins in the
1970-01-01 08:00
Profits for Brazil's Itau Unibanco up 14%, beat expectations
SAO PAULO (Reuters) -Brazilian lender Itau Unibanco reported a 14% increase in second-quarter net profit from a year earlier, beating
1970-01-01 08:00