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Banking
Barclays is reportedly looking for buyers of Italy loans worth €5 billion.
Barclays Plc wants to sell around €5 billion ($5.3billion) in Italian mortgage loans to exit retail banking.
People with knowledge of the situation said that the UK bank had begun the sale process for a large portfolio of loans to…
Investec Takes Majority of Capitalmind M&A Boutique
Investec bank plc bought a majority share in European adviser Capitalmind Group. This is the latest deal in a boutique company amid the worst mergers-and-acquisitions slump for a decade.
According to a Wednesday statement, the subsidiary…
Lloyds threatens Telegraph’s receivership
Lloyds Banking Group, a lender, has threatened receivership of the owner of Telegraph Media Group due to a debt that the Barclay-controlled parent company owes.
According to two sources with knowledge of this situation, AlixPartners is…
New World Bank Chief under pressure as Bridgetown Initiative seeks $100bn
World Bank reform is increasingly under pressure after a $100bn call for new capital to finance climate change and development ahead of the Paris summit, which will be hosted by Barbados and France.
In a consultation document, Barbados'…
Monzo increases bad loans provisions after Buy Now, Pay Later push
Monzo increased its provision against bad loans after focusing on consumer lending, and expanding into buy now pay in the second half of last year.
The UK fintech company said that on Wednesday, its revenue more than doubled from…