[ad_1] ZURICH, June 6 (Reuters) – UBS (UBSG.S) expects to finalize its agreement with the Swiss government to cover up to 9 billion Swiss francs ($9.92 billion)in losses from its…
Tag: CORPD
Orpea draws first 200 million euros from new financing as restructuring plan continues
[ad_1] June 2 (Reuters) – French company Orpea (ORP.PA), hit by allegations of malpractice at its care homes and a sharp drop in valuation, said on Friday it made a…
Exclusive: Bain Capital seeks to raise $4 bln for new global special situations fund – sources
[ad_1] HONG KONG/NEW YORK, May 8 (Reuters) – Bain Capital is seeking to raise $4 billion for a new global “special situations fund” as the U.S. firm sees an opportunity…
Swedish watchdog investigates Alecta after US niche bank losses
[ad_1] STOCKHOLM, May 4 (Reuters) – Sweden’s financial watchdog is looking into Alecta’s risk taking after the pension giant made big losses from investments in recently collapsed U.S. niche banks,…
UBS weighed Credit Suisse deal as early as December – SEC filing
[ad_1] ZURICH, May 3 (Reuters) – UBS (UBSG.S) was considering the potential impact of buying struggling rival Credit Suisse (CSGN.S) as early as December, months before the takeover was hastily…
Exclusive: Apollo will seek approval from regulators to take majority stake in SAS – source
[ad_1] COPENHAGEN/NEW YORK, May 3 (Reuters) – U.S. asset manager Apollo Global Management Inc (APO.N) plans to apply for approval from Swedish and Danish regulators to take a majority stake…
China Evergrande shelves stake sale, Kaisa clattered by downgrade
[ad_1] Deal to sell 51% in property services unit put on hold -sources Evergrande paid onshore bond coupon due Tue – sources Sunac made $27.14 mln offshore coupon payment -source…
World Bank launches more robust, transparent business climate rankings
[ad_1] WASHINGTON, May 1 (Reuters) – The World Bank on Monday unveiled new methodology and improved safeguards for assessing the business climate in up to 180 countries after embarrassing revelations…
Lazard reports surprise loss on dealmaking slump, cuts jobs
[ad_1] April 28 (Reuters) – Investment bank Lazard Ltd (LAZ.N) on Friday reported a surprise loss in the first quarter as dealmaking slumped, a trend the company’s CEO said would…