Embattled shadow banking giant Zhongzhi Enterprise Group Co. has revealed the depth of its financial difficulties, telling investors it is “severely insolvent” with a...
Blackstone Inc. (NYSE:BX) is on the brink of acquiring a substantial $17-billion commercial property loan portfolio from the Federal Deposit Insurance Corporation (FDIC), as...
China and Saudi Arabia signed a local-currency swap agreement worth around $7 billion, deepening their ties as countries across the Middle East and emerging...
A coalition of environmental non-governmental organizations has taken aim at the Swiss National Bank (SNB) for its significant investments in fracking companies, which are...
Australia's competition regulator on Friday blocked a A$4.9 billion ($3.2 billion) buyout planned by No.4 bank ANZ Group (ANZ.AX) of insurer Suncorp's (SUN.AX) banking...
HSBC Holdings (HSBA.L) raised its key profitability target and announced a fresh $2 billion share buyback on Tuesday, as rising central bank interest rates...
The Swiss National Bank (SNBN.S) said on Monday it lost 13.2 billion Swiss francs ($15.14 billion) in the second quarter, despite raking in interest...
Europe’s biggest banks announced new share buybacks worth $5 billion this week as they continue to benefit from higher interest rates.
Spanish lender Banco Bilbao...
