U.S. private-equity firm KKR said on Monday it has completed the sale of an industrial property portfolio of 5 million square feet (465,000 square meters) for a total aggregate value of over $560 million.
Canada’s Laurentian Bank on Monday named insider Eric Provost as CEO, weeks after announcing it would simplify its organizational structure following its failure to find a buyer during a strategic review.
Allianz extended Chief Executive Oliver Baete’s contract until 2028 on Monday, as the German insurer lost its finance chief Giulio Terzariol to Italian rival Generali .
Germany’s top financial regulator is appointing a supervisor to Deutsche Bank to oversee how the lender addresses customer service issues after the integration of its Postbank arm left clients complaining that they were locked out of their accounts and unable to reach call centres.
Cryptocurrency exchange Coinbase has been awarded a full payments licence to operate in Singapore by the city-state’s central bank, the U.S.-based company said on Monday.
U.S. private equity firm Bain Capital has made its first investment in Vietnam, with at least $200 million in the Masan Group conglomerate, and could bring in other investors to raise that to $500 million, the firms said on Monday.
