Mauritius-based foreign portfolio investor India Vehicle Finance has raised $300 million to invest into securitisation issued by Shriram Finance , in a ‘first of its kind bond deal’ by an Indian issuer, according to a term sheet seen by Reuters.
Facebook co-founder Eduardo Saverin’s global investment firm B Capital on Tuesday announced the close of its second Opportunities Fund, with total fundraising of $750 million as it bets on late-stage startups.
Canada’s Brookfield Asset Management said on Tuesday former Goldman Sachs executive and insider Hadley Peer Marshall will succeed chief financial officer Bahir Manios, effective May 31.
Moove, which was founded in Nigeria and provides revenue-based vehicle financing, said on Tuesday it had raised $100 million in a latest funding round, valuing the company at $750 million.
Indiabulls Housing Finance plans to raise funds through the sale of dollar-denominated bonds maturing in three years and three months, two merchant bankers said on Tuesday.
Britain’s Clydesdale Bank and its former owner, National Australia Bank (NAB) , did not charge unfair break fees on loans sold to small businesses up to two decades ago, London’s High Court ruled on Tuesday.
Fund manager Fidelity International (FIL) is planning to lay off 20 people at its main China unit, two sources familiar with the matter said, a reduction that coincides with a downturn in China’s markets and as the firm cuts staff worldwide.
Brazilian exchange operator B3 and S&P Dow Jones Indices on Tuesday launched the first volatility index of Brazil’s domestic market, to be calculated based on the methodology of the CBOE Volatility Index , known as Wall Street’s fear gauge.
Leumi , one of Israel’s largest banks, reported lower quarterly profit due to a doubling of its credit default provision, partly due to Israel’s war with Palestinian Islamic group Hamas in Gaza.
Swiss investment firm Partners Group reported flat annual profit for 2023 on Tuesday as it saw a more cautious exit environment, and proposed an increased dividend of 39 Swiss francs per share.
