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...JPMorgan Chase spent about a year discussing a possible deal with Discover Financial before Capital One agreed a $35bn bid for the credit card company, as the largest US bank pursued ways to get control...
...In 2021, he hired three former Goldman partners — Paul Russo, Scott Rofey and Jeffrey Verschleiser — to lead the risk management of the firm’s equity, macro and rates, and credit divisions respectively....
...In addition to the legal action in St Gallen, several law firms are building claims against the Swiss state that would be heard in international arbitration courts....
...After the revelations, Toyota chair Akio Toyoda said he took “full responsibility” and promised action, adding that he would be attending each of the group companies’ annual meetings to see what measures...
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...that the departures would “create a range of issues” for Barings and attaching a term sheet offering to buy the credit business....
...It has expanded into areas such as invoice financing and credit cards, and acquired a business that connects customers with professional contractors....
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...The Australian government has threatened action against Meta, the owner of Facebook and Instagram, after the US social media company said it would stop paying local media companies this year for using their...
...UBS put the business up for sale after taking control of Credit Suisse when it collapsed last year. It already has a securities unit in mainland China and cannot hold two licences....
...Friday interview: Armen Panossian Credit markets are booming. Investor demand for public corporate credit seems insatiable and private credit is the asset class of the moment....
...UBS put the unit, which includes investment banking and brokerage services, up for sale after taking control of Credit Suisse when it collapsed last year....
...But it has not faced action from the SEC or any other apparent challenge about what a district court judge and three appeals court judges have explicitly stated in written opinions: that Apollo was, institutionally...
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...obliviousness offered by private BDCs and other nontraded private credit vehicles....
...Capital One and Discover are two of the biggest credit card lenders, behind JPMorgan Chase and Citigroup....
...The merger would reduce the ranks of the top 10 US credit card companies, leaving fewer options for consumers....
...But for those in Miami for JPMorgan Chase’s annual credit conference this week, nothing was more enticing than a panel discussion on liability management exercises....
...Still, buyers’ remorse often sets in when the credit card bill arrives....
...Back in Europe, some are sceptical that Brussels’ actions will have the desired effect....
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...Speaking at an event at Stanford University, he claimed credit for recognising years ago how significant AI would be for all of Google’s products....
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