U.S. investor Oaktree Capital has seized control of FC Inter Milan after the owners of the Italian champions failed to repay a rescue loan, marking Wall Street’s latest foray into…
STRESA, Italy, May 25 (Reuters) - Italian banks must halt their business in Russia as staying in the country also brings a "reputational problem," European Central Bank policymaker Fabio Panetta…
LONDON, May 27 (Reuters) - Women make up a smaller proportion of top earners in British financial and professional services than before the COVID-19 pandemic, research from the London School…
More Chinese technology companies might turn to convertible bonds after Alibaba Group Holding and JD.com raised a combined US$6.5 billion through such notes.
Alibaba sold US$4.5 billion in debt that…
KUALA LUMPUR, May 23 (Reuters) - Malaysia's scandal-hit state fund 1Malaysia Development Berhad (1MDB) has filed a lawsuit against a top PetroSaudi International executive seeking the return of $1.83 billion invested in…
LONDON, May 24 (Reuters) - Britain's Coventry Building Society will buy Co-operative Bank for 780 million pounds ($989.9 million) in cash, the two companies said in a joint statement on…