[ad_1] By Brenna Hughes Neghaiwi, Abhinav Ramnarayan ZURICH (Reuters) – Credit Suisse said on Friday it is winding down its $10 billion supply chain finance funds, which were mostly invested…
Tag: Financials (Legacy)
Unregulated British firm Financial.org closes investors’ accounts
[ad_1] LONDON/JAKARTA (Reuters) – Unregulated British firm Financial.org, which is on eight watchdogs’ alert lists, has closed all investors’ dollar accounts and converted the balances to its new cryptocurrency, according…
Coca-Cola to cut thousands of jobs as coronavirus hits sales
[ad_1] (Reuters) – Coca-Cola Co KO.N on Friday joined a list of big U.S. companies laying off thousands of workers in response to the coronavirus crisis, offering voluntary deals across…
Germany’s economic rebound set to slow further- Bundesbank
[ad_1] FILE PHOTO: A sign is seen outside the headquarters Germany’s federal bank Deutsche Bundesbank in Frankfurt, February 4, 2013. REUTERS/Kai Pfaffenbach FRANKFURT (Reuters) – Germany’s economic rebound may lose…
Italy’s Target2 debt hits new record high, ECB’s funding to banks rises
[ad_1] MILAN, July 7 (Reuters) – Italy’s liabilities towards other euro zone central banks hit a new all-time high in June, as the country’s lenders rushed to borrow from the…
Citi, Credit Suisse drop China’s Ucommune U.S. IPO over valuation -sources
[ad_1] By Scott Murdoch, Julie Zhu SYDNEY/HONG KONG (Reuters) – Citigroup Inc C.N and Credit Suisse Group AG CSGN.S have dropped out of the U.S. initial public offering of Chinese…
Man Group assets grow 4% on market recovery
[ad_1] (Reuters) – British hedge fund manager Man Group EMG.L on Friday reported a 4.4% rise in funds under management, as it saw a recovery in markets after a steep…
Nexi’s private equity owners sell 8.8% stake at 14.2 euros/share
[ad_1] MILAN (Reuters) – Mercury UK, a vehicle of private equity firms that hold a controlling stake in Nexi NEXII.MI, has placed an 8.8% stake in the Italian payments group…