[ad_1] HONG KONG/LONDON, April 28 (Reuters) – Five hedge funds interviewed by Reuters this week each gave details of a trading idea they think could result in a profit from…
Tag: CORPD
Qatar fund’s stake in Credit Suisse rises to 6% due to convertibles
[ad_1] DUBAI/LONDON, July 6 (Reuters) – Qatar Investment Authority (QIA) has raised its stake in Credit Suisse (CSGN.S) to 6%, in a move seen as underlining its long-term commitment to…
First Republic faces potential curb on borrowing from Fed – Bloomberg News
[ad_1] April 26 (Reuters) – U.S. bank regulators are weighing the prospect of downgrading their private assessments of First Republic Bank (FRC.N), which could lead it to face potential curbs…
3M to cut 6,000 positions globally to improve cash flow
[ad_1] April 25 (Reuters) – 3M Co (MMM.N) said on Tuesday it would cut about 6,000 positions globally as the U.S. industrial conglomerate looks to focus on high-growth businesses, including…
UBS hit by old toxic debt costs ahead of ‘hard’ Credit Suisse task
[ad_1] Problem debt dates back 15 years to financial crash UBS expects to close C. Suisse deal by 2Q, possibly May CEO warns of ‘hard’ task of integrating Credit Suisse…
OPEC, U.S. oil firms expect subdued shale rebound even as crude prices rise
[ad_1] LONDON/HOUSTON, Feb 22 (Reuters) – OPEC and U.S. oil companies see a limited rebound in shale oil supply this year as top U.S. producers freeze output despite rising prices,…
Inflation genie out of the bottle: Five questions for the ECB
[ad_1] LONDON, Oct 25 (Reuters) – The inflation genie is finally out of its bottle. Now investors are waiting to see whether the European Central Bank on Thursday admits that…
Brazil’s Oi postpones release of 2022 financial statements
[ad_1] SAO PAULO, April 22 (Reuters) – Brazilian telecom firm Oi SA (OIBR4.SA) said late Friday it decided to postpone the release of its 2022 financial statements to May 22,…
Silver Lake to buy Germany’s Software AG in $2.42 billion deal
[ad_1] April 22 (Reuters) – Private-equity firm Silver Lake has offered to buy Software AG (SOWGn.DE) in a deal that values the German business software developer at 2.2 billion euros…
SVB CEO, CFO resign, company appoints turnaround expert as interim finance head
[ad_1] April 21 (Reuters) – SVB Financial Group’s CEO and chief financial officer resigned this week while the collapsed lender’s restructuring committee appointed a turnaround expert as interim CFO, according…