Credit
Credit Agricole in talks to invest in Guangzhou Auto unit
The transaction will give the leasing business a valuation of about US$600 million after completionCREDIT Agricole is in advanced talks to invest in Guangzhou Automobile’s (GAC) financial leasing unit,...
MSCI launches new ratings to assess carbon credit projects
They aim to improve understanding of a project’s impact on the climate, environment and society, as well as legal and ethical risksMSCI has launched the MSCI Carbon Project Ratings...
JPMorgan in talks with Apple over Goldman credit card partnership: source
JPMORGAN Chase is in talks with Apple about replacing Goldman Sachs as the tech giant’s credit-card partner, a source familiar with the matter said on Tuesday (Sep 17).The discussions...
Moody’s, Fitch withdraw LMIRT’s credit ratings
The agencies also withdraw ratings on notes issued by LMIRT’s wholly owned subsidiary, LMIRT CapitalTWO ratings agencies have withdrawn Lippo Malls Indonesia Retail Trust’s (LMIRT) credit ratings.Moody’s Investor Service...
BlackRock shakes up private credit to chase industry leaders
BLACKROCK is overhauling its private credit business as the world’s largest asset manager races to catch up to competitors in the booming market.The firm is setting up a new...
With Powell’s Fed ready to cut rates, a new era of cheap credit beckons
THE US stock market has been stamping its proverbial feet for more than a year now as it demands an interest rate cut from the central bank.
Jack Ma-backed Ant is refinancing a credit line of US$6.5 billion
Jack Ma-backed Ant Group is refinancing an offshore credit line that will reach US$6.5 billion, as it expands its global operations, according to people familiar with the matter. The Chinese...
UBS pledges US$400 billion in Swiss loans after Credit Suisse
“We are putting money where our mouth is,” says country head Sabine Keller-BusseUBS Group will continue to provide about US$414 billion of credit to its home market as a...
