Apollo Snags $5 Billion From BNP to Expand Private Credit Bets
Apollo Global Management Inc. clinched $5 billion in fresh firepower from BNP Paribas SA as it looks to grow a key lending ...
The Archegos disaster isn't over yet for banks as the feds reportedly revive criminal antitrust probe
Wall Street banks that lost billions in the 2021 Archegos collapse are being probed for potential antitrust violations, ...
Deutsche Bank Taps UBS’s Gasser to Run German Wealth Unit
Deutsche Bank AG hired Raffael Gasser as head of wealth management and private banking Germany, tapping another former ...
Credit Suisse Asset Management Income Fund, Inc goes ex dividend tomorrow
Credit Suisse Asset Management Income Fund, Inc (NYSE:CIK) had declared $0.0225/share monthly dividend, Payable Sept. 24; for ...
DOJ said to beef up scrutiny of banks hit by Archegos collapse
The U.S. Department of Justice is beefing up its investigation into banks that collectively lost billions of dollars ...
UBS industry customers increasingly critical, survey finds
Nearly a quarter of Swiss industrial companies are unhappy with the service from UBS , notably in lending, since its 2023 ...
LME appoints former banker as chief financial and administrative officer
The London Metal Exchange (LME) has appointed former Credit Suisse banker Robert Arbuthnott as group chief financial and ...
3 Credit Suisse Mutual Funds for Strong Returns
Also, mutual funds, in general, diversify one’s portfolio without several commission charges that are mainly associated with stock purchases and trim transaction costs (read more: Mutual Funds: ...
Bank investors face $1b franking credit hit
Hundreds of thousands of bank investors stand to lose tax credits under the prudential regulator’s plan to phase out hybrid ...
Justice Department probing banks for alleged collusion in $36B Archegos liquidation: report
Federal investigators in San Francisco are looking into whether Credit Suisse, Nomura Holdings and UBS Group conspired with ...
GlobalCapital17h
Deutsche should not be a dog in the Commerzbank manger
UniCredit’s raid to buy 9% of Commerzbank gives Deutsche three choices — all unattractive. But one is clearly less bad than ...
Risk2d
UBS Americas’ clearing rate dips post Credit Suisse integration
The merger, formally completed on June 2, contributed to a 35.6% increase in bilateral positions, which rose to $15.7 billion at end-quarter. At the same time, notionals cleared through central ...