Banks operating in Slovenia fear that a new law tackling the historic problem of Swiss franc lending could have negative effects for around 80% of the sector. Loans denominated or pegged to the Swiss franc were popular in the 2000s in a number of central and southeastern European countries, including …
Read More »Swiss banks slam measures to cool runaway real estate market
ZURICH, Jan 27 (Reuters) – Swiss banks have slammed new measures planned to cool the country’s scorching property market, saying the measures were unnecessary and would do nothing to slow rising house prices. The government said on Wednesday that from October lenders needed to increase their cushion against property loan …
Read More »MLB players closer to new deal
Jake Paul has announced an investment in Endeavour, the parent company of the UFC. The YouTube star and MMA fighter says his investment is focused on increasing fighters’ salaries and providing long-term health care. Endeavor went public last April. Jayne Kamin-Oncea-USA TODAY Sports/Design: Alex Brooks Major League Baseball and its …
Read More »artnet: Crypto-rich collectors offer their NFTs as collateral to get cash. But is it really a good deal?
The Art Detective is a weekly column by Katya Kazakina for Artnet News Pro that lifts the curtain on what is really current on the art market. Beeple’s NFT Artwork Dick Milking Plantis not for everyone. In the center is a rocket-sized erect penis supported by a pair of giant …
Read More »Strip clubs and fraud: the trial of an atypical Swiss banker
Pierin Vincenz bucked the trend of Swiss bankers with his flamboyant personality and was happy to appear in front of the media lens. Keystone / Alessandro Della Bella One of the biggest fraud trials in Swiss financial history is about to begin. Pierin Vincenz, former CEO of the Swiss bank …
Read More »Florida man gets 3 years and 6 months for COVID-19 relief fraud
January 18, 2022Updated: January 18, 2022 7:10 p.m. TAMPA, Fla. (AP) — A Florida man has been sentenced to three years and six months in prison for fraudulently raising more than $800,000 in COVID-19 relief funds. Louis Thornton III, 63, of St. Petersburg, was sentenced in federal court in Tampa …
Read More »Take Five: US Bank Earnings, BoJ and (Another) Virtual Davos
Breadcrumb Links Author of the article: Publication date : January 17, 2022 • 26 minutes ago • 4 minute read • Join the conversation Content of the article With the US earnings season well underway, banking heavyweights such as Goldman Sachs are lining up to release their next report. The …
Read More »Inventing Anna Trailer: Wild Accents, Wilder Story
“Inventing Anna” was created and produced by Shonda Rhimes (“How to Get Away With Murder”) and is based on a New York Magazine article by Jessica Pressler titled “How Anna Delvey Tricked New York’s Party People”. Anna is played by Julia Garner, who won two Primetime Emmy Awards for her …
Read More »DigiDoe, Acorn Finance, ThankUCash and more
AT FinTech future, we know it can be easy to overlook funding announcements in this fast-paced industry. That’s why we’ve set up our weekly In Case You Missed It (ICYMI) Funding Roundup for you to get the latest funding news. DigiDoe is “on the march to revolutionize the world’s outdated …
Read More »The Sangley airport offer of the Virata-Yuchengco OKayed group
The Cavite government accepted an offer from a consortium led by Virata and Yuchengco to build a new international airport at Sangley Point in Manila Bay, paving the way for final negotiations and a tendering process. In a statement released on Monday, the SPIA Development Consortium said it had obtained …
Read More »Potential titles: is re-recording the new Napster? by Roderick Thomas
[ad_1] Over the past two decades, record companies have sought new ways to profit from their artists. In the early 2000s, the music industry was ravaged by leaks and free music downloads through sites like Napster and the advent of the mp3 file. Today, streaming services (Spotify, Apple Music, Tidal …
Read More »Scandal in the Vatican, Switzerland confirms the seizure of 60 million in Mencioni
[ad_1] The financier Raffaele Mencioni, who participated in the purchase and sale of the famous London building of Sloane Ave with the Secretariat of State of the Holy See (which is on trial at the Vatican), has asked for a series of appeals to the Court of Appeal and Court …
Read More »Strong performance in the services sector drives growth in the U.S. private sector: macro snapshot
[ad_1] RIYAD: Bitcoin, the main cryptocurrency internationally, traded lower on Thursday, falling 8.42% to $ 42,874 at 1:58 p.m. Riyadh time. Ether, the second most traded cryptocurrency, was priced at $ 3,353, down 12.36%, according to data from Coindesk. Other news: Bitcoin will pull market share away from gold in …
Read More »Cadeia completes pilot security on the platform allowing partial to full DLT
[ad_1] Market participants can now fully or partially take advantage of the efficiency of public or licensed blockchain to structure and execute traditional or fully digital transactions – or a combination of both – in stages they are comfortable with, after Cadeia recently piloted the first asset-backed securities transaction. s …
Read More »Let CRAs endorse NPAs, banks focus on building credit
[ad_1] The recently formed ARC committee also made several recommendations to incentivize early stage bank selling to ARCs to maximize value. However, there have been question marks over asset prices. The pricing of an asset is a function of the interaction of various operating dynamics. An asset could be valued …
Read More »A financial blockbuster year fueled by death and disease
[ad_1] The numbers arrive for 2021, indicating that this is sure to be one of the greatest years of financial madness of all time, fueled not by a surge in the economy, but by a feed of death and death. cheap money. Earlier this month, the Bank of America reported …
Read More »The end of an era in credit
[ad_1] Banks and regulators around the world have successfully replaced plumbing throughout the financial system, although hardly anyone has noticed. Driving the news: As of Monday, Libor – the interest rate that once underwritten some $ 300 trillion in financial contracts, from derivatives to corporate lines of credit – will …
Read More »Laura Cumming’s Best Art in 2021 | Art and design
[ad_1] Tit was the year of the great exhibition – despite the plague. Galleries offered shows online when they couldn’t open and riches when they could, regardless of the ravages of canceled loans, insurance hikes and unreliable transportation. The schedules were cleverly changed and the blockbusters extended, so aptly that …
Read More »Credit Suisse could take legal action against SoftBank over Greensill debt – court document
[ad_1] By entrepreneur Sabahatjahan, Brenna Hughes Neghaiwi (Reuters) – Credit Suisse is seeking information from U.S. courts that could lead it to take legal action in Britain against SoftBank Group Corp to recover funds it claims are owed to its fundraising funds. supply chain linked to Greensill, according to US …
Read More »FTSE 100 Live December 22: UK GDP figures, UK economy third quarter, UK economic recovery, impact of Covid-19 on the economy, Wall Street rebound
[ad_1] Retailers take center stage as caution returns to FTSE Predicting retail winners and losers in next month’s Christmas business updates will be harder than ever after last-minute shopping was disrupted by Omicron. But analysts at Peel Hunt did their best after identifying Hotel Chocolat, JD Sports Fashion, Dunelm and …
Read More »US warns banks as it appoints five more Chinese officials under Hong Kong law
[ad_1] FILE PHOTO: Signage is seen at the headquarters of the United States Department of the Treasury in Washington, DC, US, August 29, 2020. REUTERS / Andrew Kelly / File Photo reuters_tickers This content was published on December 20, 2021 – 23:23 December 20, 2021 – 11:23 PM WASHINGTON (Reuters) …
Read More »Swiss Crypto Bank collaborates with MT4 to introduce an optimal trading environment
[ad_1] PRAGUE, December 18, 2021 / PRNewswire / – As new opportunities in the financial markets emerge daily, the global online trading brand Swiss crypto bank officially announced an exciting collaboration with veteran and trusted MetaTrader 4 trading platform. According to the Swiss Crypto Bank spokesperson, Antoine Baron, it is …
Read More »DDM signs an acquisition agreement in Switzerland
[ad_1] DDM Holding SA (First North Growth Market: DDM) announces that it has entered into an agreement to acquire 100% of the capital of Swiss Bankers Prepaid Services SA (âSwiss bankersâ). Swiss Bankers is the Swiss market leader in prepaid cards and provides innovative credit-based payment products and offers cashless …
Read More »CSL drives market 0.4% decline, Qantas reports $ 1.1 billion loss
[ad_1] ANZ Bank chairman Paul O’Sullivan has pledged to reverse mortgage approval times to increase market share, while championing the bank’s climate policy following backlash from environmental groups. In the opening remarks at the big bank’s AGM, Mr. O’Sullivan said he wanted to hold the bank’s next annual general meeting …
Read More »MARKET REPORT: Rio Tinto cancels debt in a bid to strike deal with Mongolia
[ad_1] MARKET REPORT: Rio Tinto lets Mongolian government off the hook over £ 1.7bn loan to move Gobi Desert mine deal forward By Calum Muirhead For The Daily Mail Posted: 21:51 GMT, December 13, 2021 | Update: 21:51 GMT, December 13, 2021 Mining giant Rio Tinto made early gains after …
Read More »Loan bankers say Omicron shakes up outlook for 2022
[ad_1] This content was published on December 9, 2021 – 8:59 AM December 9, 2021 – 8:59 AM (Bloomberg) – Just last month, European bankers widely believed companies could count on cheaper loans next year. But now, with another wave of Covid on the horizon, they are anything but certain. …
Read More »The best public art of 2021
[ad_1] âThis fall, in the grip of the COVID-19 Delta variant epidemic in the United States, in a country grappling with the weight of unfathomable collective grief and grappling with pernicious anti-public health propaganda, the artist installed his monumental In America project on the National Mall in Washington, DC The …
Read More »LKQ CORP: Conclusion of a material definitive agreement, financial statements and supporting documents (Form 8-K)
[ad_1] Item 1.01 Conclusion of a Material Definitive Agreement. On November 23, 2021, LKQ Corporation ("LKQ" or the "Company") and certain other subsidiaries of LKQ (collectively, the "Borrowers") entered into Amendment No. 6 to the Fourth Amended and Restated Credit Agreement dated January 29, 2016 (the "Credit Agreement") with the …
Read More »Joyville from Shapoorji Pallonji to invest Rs 300 crore to build 750 apartments, Real Estate News, ET RealEstate
[ad_1] NEW DELHI: Joyville, Shapoorji Pallonji’s housing platform, will invest around 300 crore rupees to develop new phases, comprising around 750 apartments, in its three residential projects in Pune, Mumbai and Kolkata to cash in on rising demand . Joyville, which is a 1,240 crore rupee platform established by business …
Read More »Responsible bank: new dimension of green banking
[ad_1] With the climax of climate change and its adverse effects, we are all concerned about our habitat, our economy, our way of life and future generations. The banking sector is not far from it. As societal expectations change, banks need to be transparent and precise about how their products …
Read More »GOLUB CAPITAL BDC, INC. : entering into a material definitive agreement, creating a direct financial obligation or an obligation under an off-balance sheet arrangement of a registrant, financial statements and supporting documents (Form 8-K)
[ad_1] Article 1.01 – Conclusion of an important definitive agreement. At November 19, 2021, Golub Capital BDC, inc. (the “Company”) has entered into an addendum (the “JPM Credit Facility Addendum”) to this certain Senior Secured Revolving Credit Agreement, dated February 11, 2021, by and among, Golub Capital BDC, inc., as …
Read More »Portland, OR Nonprofit Coordinator – Money Diary
[ad_1] Occupation: CoordinatorIndustry: Non-profitAge: 41Site: Portland, ORSalary: $ 43,600Net value : – $ 23,000 ($ 9,000 in 401 (k) minus debt. My husband and I keep our finances separate and split the bills based on income. He was making a lot more than I did when we first moved in …
Read More »No change on gasoline, diesel, Auto News, ET Auto prices
[ad_1] Gasoline prices have also increased in 28 of the previous 54 days, raising its price at the pump to Rs 8.85 per liter. Gasoline and diesel prices remain unchanged on Sunday after tariffs were revised by central and state governments on the eve of Diwali, offering continued relief to …
Read More »HouseAfrica, CARMA and two other African blockchain startups receive $ 125,000 in funding from CV Labs
[ad_1] Payhippo, one of Nigeria’s leading SME lending platforms, has raised $ 3 million in seed funding to improve access to credit facilities and recruit more talent to its team. The tour de table was led by the co-founders of the African cross-border payments company Chipper Cash, Ham Serunjogi and …
Read More »Montenegro President denies role in money laundering ring
[ad_1] President Milo Djukanovic at a press conference in Cetinje, Montenegro. Photo: EPA-EFE / BORIS PEJOVIC Montenegrin President Milo Djukanovic on Wednesday denied having any dealings with Albanian oil businessman Rezart Taci, accused in Albania of being involved in an international money laundering program. On November 13, BIRN published Taci’s …
Read More »LIMES Schlosskliniken AG acquires majority of shares of Swiss PRC Group AG
[ad_1] Limes Schlosskliniken AG / Keyword (s): Trade-in / Trade-inLimes Schlosskliniken AG: LIMES Schlosskliniken AG acquires majority share of Swiss PRC Group AG 15-Nov-2021 / 11:59 CET / CESTDisclosure of inside information acc. in Article 17 MAR of Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS …
Read More »Louvre Abu Dhabi celebrates fourth anniversary with new exhibits and launch of resource center
[ad_1] Louvre Abu Dhabi turns four on Thursday. As the anniversary approaches, the museum showcased a total of 56 new acquisitions and 59 new loans in its galleries. Acquisitions include that of Jean-Honoré Fragonard Bolt, one of the most famous works of the French artist, a dramatic symbol of the …
Read More »Swiss expats thrown partial banking lifeline by digital disruptor
[ad_1] Swiss expats have found it increasingly difficult to obtain even the most basic banking services in recent years. © Keystone / Gaetan Bally Yapeal digital bank offers basic accounts to Swiss people living in neighboring countries that reduce the growing fees of traditional competitors. This content was published on …
Read More »Investors have warned that ‘yield’ crypto products are not bonds
[ad_1] It is not often that an investment can be compared to both safe and standard bonds and risky venture capital holdings. But this is currently happening with certain patterns of crypto assets – as new developments in digital finance continue to distort old definitions. As investors invest billions of …
Read More »US $ 1.8 million invested in small farmers in West Africa
[ad_1] 1.8 million US dollars have been invested by the Agricultural Capital Fund (ABC Fund) in a Beninese microfinance institution National Union of Rural Savings and Loan Banks. UNACREP offers short and long term loans as well as microcredits for its members, collecting deposits, savings from members and clients, while …
Read More »Press release of November 4, 2021
[ad_1] Press release / Ad hoc announcement in accordance with Art. 53 LR Bern, November 4, 2021 Valiant significantly exceeds its growth targets In the third quarter of 2021, Valiant recorded a 4.2% increase in customer loans, exceeding its annual target of 3%. Valiant’s strategy is bearing fruit, in particular …
Read More »Analysis – Bank of Canada’s early take-off warning could curb property boom fueled by speculators
[ad_1] By Nichola Saminather © Reuters / CHRIS HELGREN A rainbow appears in front of a condominium building in Toronto TORONTO (Reuters) – Canada’s pandemic housing boom has drawn a larger-than-usual share of speculators, many of whom have taken advantage of falling variable mortgage rates to take out several loans, …
Read More »Loris Karius pushed to accept free transfer from Liverpool
[ad_1] Liverpool are doing everything they can to convince goalkeeper Loris Karius to leave the club with a free transfer. The German has been through a rough patch at Anfield where he has been subjected to numerous loans but that hasn’t helped either as the club seek to offload him …
Read More »Dalmia Cement to set up Rs 577 crore factory in Bokaro, Real Estate News, ET RealEstate
[ad_1] RANCHI: Dalmia Cement will set up a 2 million tonne plant in Bokaro in Jharkhand at an estimated cost of Rs 577 crore, the Jharkhand government announced on Friday. The Jharkhand government has ensured the allocation of land for the cement plant, a state government statement said. The cement …
Read More »Australia’s largest coal miner avoids hundreds of
[ad_1] SYDNEY, Australia, October 29, 2021 (GLOBE NEWSWIRE) – New research reveals coal mining giant Glencore could avoid hundreds of millions of tax payments to the Australian government, leaving the Australian community in the dark. Today, the Center for International Corporate Tax Accountability & Research (CICTAR) and Tax Justice Network …
Read More »FCA Announces Second Largest Fine for Financial Crime Violations | Morrison & Foerster LLP
[ad_1] On October 21, 2021, the UK Financial Conduct Authority (“FCA“) announced that it had fined Credit Suisse (the”Bankâ) £ 147,190,200 forâserious financial crime due diligence breaches“Within the framework of the loans that the Bank had helped to set up for the Republic of Mozambique during the period 2012-2016 (the”FCA …
Read More »Mozambique reeling from Credit Suisse “tuna bond” scandal – Expat Guide to Switzerland
[ad_1] The alleged loot included a trio of Ferrari, Rolls-Royce and BMW for the son of the former president – albeit with a single Maserati – and more than 7,400 “bottles of wine” carried by private jet from France, in what is believed to be could be coded for bundles …
Read More »The Est? E Lauder Companies Inc. enters into senior unsecured credit agreement expiring October 22, 2026
[ad_1] On October 22, 2021, The Est? E Lauder Companies Inc. entered into an unsecured senior credit agreement between the Company, the Qualifying Subsidiaries of the Company which are parties to it from time to time, as defined herein, the lenders party thereto and JPMorgan Chase Bank, NA, as administrative …
Read More »Investors use half of NSE’s shares to secure bank loans
[ad_1] Capital markets Investors use half of NSE’s shares to secure bank loans Friday, October 22, 2021 A stockbroker at the dealing room of the Nairobi Stock Exchange. PHOTO FILE | NMG By VICTOR JUMAMore from this author Summary Retail investors at the Nairobi Securities Exchange (NSE) used 52.4% of …
Read More »How are their 19 players in Europe doing – the Athletic
[ad_1] At the turn of the century, Wolves were a second division club that loaned out six players during the 2000-01 season. Robert Niestroj was sent to Iraklis in Greece. A young Matt Murray spent time with non-Kingstonians. In 2021-2022, Wolves are a Premier League club that has loaned nearly …
Read More »Credit Suisse to pay $ 475 million for Mozambique bribe scandal
[ad_1] By Jack Queen (October 19, 2021, 8:39 p.m. EDT) – A Credit Suisse unit pleaded guilty on Tuesday to wire fraud and will pay US and UK authorities $ 475 million for its role in a $ 2 billion corruption scandal dollars in Mozambique to settle a long-standing investigation …
Read More »Bad bank will soon recruit more directors
[ad_1] The National Asset Reconstruction Company (NARCL), better known as the bad bank, will soon recruit more directors for better corporate governance. This decision also aims to ensure fair representation of shareholders, sources close to informed developments. Earlier this month, the Reserve Bank of India (RBI) licensed the ??6,000 crore …
Read More »Union Bank MD, Automotive News, ET Auto
[ad_1] Mumbai: As digitization accelerates, nearly 50% of retail and MSME loans offered by banks will move to digital lending platforms over the next two to three years, Chief Executive Officer Rajkiran Rai G said on Thursday. and CEO of Union Bank of India. Rai said digital lending is dramatically …
Read More »MDAs sabotage Buhari’s infrastructure loan applications – Blueprint Newspapers Limited
[ad_1] President Muhammadu Buhari with Senate Ahmed Lawan The Senate sounded the alarm on Wednesday over alleged plans by some ministries, departments and agencies (MDAs) to sabotage President Muhammadu Buhari’s loan request to finance the country’s infrastructure. This, the agency said, follows their failure to defend their components of the …
Read More »Notable alumni of UC Berkeley | 11 famous MBAs
[ad_1] UC Berkeley Haas School of Business has a network of over 40,000 alumni in over 80 countries around the world. Haas works hard to connect its MBA students with its alumni through virtual platforms and alumni chapters that take place in major cities around the world. MBA graduates have …
Read More »Pandora Papers: Kamal Nath’s son, key Agusta deal defendant had offshore ties
[ad_1] From Bakul Nath, the son of the NRI of congressional veteran and former Madhya Pradesh chief minister Kamal Nath, to the accused Rajiv Saxena, these files provide new evidence in the corruption scandal that led the CBI and ED to file several indictments. BAKUL NATH: His name appeared in …
Read More »Saudi PIF set to take over Premier League club Newcastle United
[ad_1] While headline inflation is expected to hit 3.6% this fall for advanced economies, the International Monetary Fund (IMF) predicts it will drop to 2% by mid-2022. Likewise, emerging markets and developing countries will see inflation rise to 6.8%, according to IMF forecasts, but it will drop quickly to 4% …
Read More »Me makes a brilliant Celtic admission
[ad_1] MOHAMED ELYOUNOUSSI played for Celtic for two years, after two successive loans. The winger impressed during his time in Glasgow, and many fans wanted the Norwegian to join him permanently. Fast forward a few months and he now plays regular Premier League football for Southhampton. The former outcast joined …
Read More »Sommet Education Group partners with the Kingdom of Saudi Arabia Tourism Development Fund
[ad_1] Swiss hotel entity signs agreement to help boost hotel education in Saudi Arabia RIYAD from Saudi Arabia, October 6, 2021 / PRNewswire-PRWeb / – Sommet Education, the world’s leading network of hospitality education institutes, signed an agreement with the Tourism Development Fund (TDF) in Saudi Arabia support the development …
Read More »RBI Approves License for National Asset Reconstruction Company
[ad_1] On October 4, the Reserve Bank of India (RBI) granted a license to the National Asset Reconstruction Company Ltd. NARCL was incorporated in July in Mumbai after its registration with the Registrar of Companies (RoC). âHappy to share #RBI licensed #NARCL on 4.10.2021. The approval was granted under Article …
Read More »A family behind Delhi’s first hospital has started an offshore company with assets worth $ 35 million
[ad_1] THE FAMILY who runs the Sitaram Bhartia Institute of Science and Research in Delhi established a trust in the Cayman Islands, which later acquired a company there with at least two Swiss bank accounts and assets worth over $ 35. million dollars at one point, records in the Pandora …
Read More »In short: post-acquisition planning in Italy
[ad_1] Post-acquisition planning Restructuring What post-acquisition restructuring, if any, is typically done and why? Post-acquisition restructuring will vary depending on the specific objective of each transaction. Typically, the acquirer will merge the acquisition company with the target company or implement a tax consolidation to reduce acquisition debt and charge interest …
Read More »A-League’s Victory signs star Portuguese defender – FTBL
[ad_1] The Melbourne Victory A-League men have strengthened their squad with the signing of Roderick Miranda. The former Portuguese U-20 defender joins Victory after a long history of playing in several European leagues. Miranda started her career in 2010 with the Portuguese team Benfica, making her Primeira Liga debut against …
Read More »Golden Week travel to China not expected to return to pre-COVID levels this year
[ad_1] Travelers arrive at a train station ahead of the upcoming Golden Week China vacation following the coronavirus disease (COVID-19) outbreak, in Beijing, China on September 29, 2021. REUTERS / Thomas Peter reuters_tickers This content was published on September 30, 2021 – 04:17 September 30, 2021 – 04:17 AM By …
Read More »Energy trader Gunvor Group says U.S. CFTC investigates Ecuador deals
[ad_1] The US Commodity Futures Trading Commission (CFTC) in Washington, DC, US REUTERS / Andrew Kelly Gunvor Reports $ 213 Million Net Profit in H1 2021 EBITDA at $ 672 million in H1 US DOJ and Switzerland also investigate Gunvor accords in Ecuador Gunvor says he has yet to make …
Read More »Cosmopolitan $ 5.65 billion sale of Blackstone – Front Office Sports
[ad_1] The NHL and adidas have teamed up to produce an eco-friendly jersey made in part with recycled materials, priced at just over $ 150. The Seattle Kraken’s white jerseys are already sold out. The Cosmopolitan / Design: Alex Brooks MGM Resorts is aggressively dabbling in mobile sports betting, but …
Read More »A Global Equity Trader’s Guide to China’s Evergrande Debt Crisis
[ad_1] This content was published on September 25, 2021 – 21:00 September 25, 2021 – 9:00 p.m. (Bloomberg) – The China Evergrande group debt crisis may not have been China’s “Lehman moment”, but it has had an impact on stocks linked to the developer and the world’s second-largest economy. Creditors, …
Read More »Investors continue to hesitate to buy more properties
[ad_1] A net 56% of mortgage professionals see fewer investors seeking mortgage advice, according to September First Mortgage Trust and Tony Alexander survey data. Thursday, September 23, 2021, 10:28 a.m. That’s a weak result, says Alexander, an independent economist. However, it is in line with the situation from March to …
Read More »LIBOR’s swan song
[ad_1] While some companies have started or completed transitions and others have clear plans to do so, there are others who have yet to begin their preparations. Now is the time to engage with their financial institutions to ensure a smooth transition. LIBOR currently backs more than $ 400 trillion …
Read More »British investment firm sued for “unpaid” Swiss loans
[ad_1] By Bonnie Eslinger (September 9, 2019, 1:30 p.m. BST) – A Swiss company has sued Floreat Merchant Banking over a series of loans it made to the London-based investment firm six years ago that allegedly not been reimbursed. Ffinal 09 AG alleges that Floreat Merchant Banking waived an obligation …
Read More »Cheaper Swiss loans attract Indian companies; Union Bank and SBI have already called on Swiss institutions
[ad_1] MUMBAI: Switzerland is fast becoming the fundraising hub for Indian companies, looking to borrow from Europe’s new money reserve. Cheap interest rates and lower currency hedging costs are prompting domestic firms to turn to the cash-rich financial institutions of the European country, famous for its bank secrecy laws. In …
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