Jefferies Financial will strengthen its presence in Canada through an expanded partnership with Japan’s Sumitomo Mitsui Banking Corp (SMBC), as it looks to tap into the dealmaking market in the country.
As the threat of secondary sanctions deters Chinese banks from facilitating trade with Russia, companies are flocking to the one Russian bank with a Chinese branch and facing up to six months of delays, five people familiar with the matter said.
Austria’s Raiffeisen Bank International , the biggest Western bank in Russia, cannot give a timeframe for its contested deal to purchase a stake in Austria’s Strabag that was long held by a now sanctioned Russian tycoon, the bank’s chief executive said on Thursday.
Nomura Holdings aims to expand its U.S. credit portfolio to $50 billion within 10 years and may seek small acquisitions to beef up its private credit business, the top Japanese investment bank’s U.S. asset management chief said.
UK investors put a record 6.97 billion pounds ($8.82 billion) into equity funds in the first quarter, led by demand for North American equities, fund network Calastone said on Thursday.
HDFC Bank said on Thursday its gross loans grew 1.6% sequentially in the January-March period, at a rate that was slower than the previous quarter, with the Indian private lender also reducing its loan-to-deposit ratio (LDR).
Royal Bank of Canada expects its struggling unit in the U.S. to be “a net contributor” to Canada’s biggest lender and is bullish about the opportunities south of the border, CEO Dave McKay told Reuters on Wednesday.
Goldman Sachs should separate the CEO and chairman roles currently held by David Solomon, top proxy adviser Institutional Shareholder Services (ISS) recommended on Wednesday.
Scott Goodwin, co-founder of credit asset management firm Diameter Capital, said he sees value in investing in bonds and stocks of failed Signature Bank.
Global venture capital investments fell to a near five-year low in the first three months of 2024, according to investment intelligence firm PitchBook, as high interest rates weighed on funding for companies despite big investments in the AI space.
