Credit
UBS completes merger of UBS and Credit Suisse parent companies
SWISS bank UBS said on Friday (May 31) it had completed the merger of the main parent companies of the Swiss lender and its longtime rival Credit Suisse, which...
Drew & Napier engages litigation funder Omni Bridgeway for suit on Credit Suisse AT1 write-down
LAW firm Drew & Napier has engaged litigation financing company, Omni Bridgeway, to fund its claims against Switzerland related to the forced write-down of Additional Tier-1 (AT1) bonds in...
Goldman racks up US$21 billion for its largest private credit pool
Goldman Sachs Group has put together US$21 billion for private credit wagers, its biggest war chest yet for Wall Street’s buzziest asset class.The firm just closed the latest iteration...
Malaysia’s Ekuinas to expand into private credit with RM800 million allocation
MALAYSIAN government-linked private equity company Ekuiti Nasional (Ekuinas) said on Tuesday (May 28) it aimed to expand its investment activity into private credit with an allocation of RM800 million...
Private credit lures A$151 billion fund seeing sticky inflation
COLONIAL First State (CFS), which manages A$151 billion (S$136 billion) of Australian pension and wealth assets, plans to add billions in private credit deals as it sees interest rates...
US consumer watchdog will apply credit card rules to buy now, pay later companies
THE US Consumer Financial Protection Bureau (CFPB) will apply some credit card consumer protection rules to buy now, pay later (BNPL) lenders, the agency said on Wednesday (May 22),...
Boyd Brothers Relaunch Credit Card Compare in Australia After Finty Merger
In a strategic move to solidify their presence in the Australian market, the Boyd brothers—Andrew, David, and Gareth—have relaunched their flagship platform, Credit Card Compare, following the acquisition and...
Goldman raises US$3.6 billion for new real estate credit fund
GOLDMAN Sachs’s alternatives business raised US$3.6 billion for its latest real estate credit fund, giving it firepower at a time of market dislocation.That figure eclipses the roughly US$2.6 billion...
