Latest news with #Bloomberg News
Bloomberg
13 hours ago
- Business
- Bloomberg
CaixaBank Is Seeking to Sell About €900 Million in Soured Loans
CaixaBank SA is in talks with investors to sell about €900 million ($1.04 billion) in soured loans as the Spanish lender accelerates the clean-up of its balance sheet. The talks are focusing on two portfolios, including one with around €450 million named Project Falkor, said people familiar with the matter. It is made up of around 7,000 re-performing mortgages, according to a sale document seen by Bloomberg News.
Bloomberg
5 days ago
- Business
- Bloomberg
Julian Harris: Starmer's Week of Deliverism and Trumpism
The government's trade deal with India puts Britain back on the world stage, Keir Starmer told Bloomberg News this afternoon. The prime minister sat down with our trade correspondent Lucy White at Chequers, his official Buckinghamshire estate, to rave about a pact that is hoped to add nearly £5 billion to the UK's annual economic output (note: this is very little, as a percentage, but over time such incremental gains could be significant if you achieve enough of them.)
Bloomberg
22-07-2025
- Business
- Bloomberg
BlackRock Restricts Use of Company Devices for China Travel
BlackRock Inc. has told staff traveling to China for business trips to use temporary loaner phones and not to bring company laptops, underscoring growing concern among some global firms about employees working there. The world's largest asset manager detailed the 'policy enhancement' on business travel to China in an internal memo seen by Bloomberg News, saying it is effective July 16.
Wall Street Journal
20-07-2025
- Business
- Wall Street Journal
Commerce Secretary Lutnick Confident About Reaching EU Trade Deal
In an interview with CBS, Commerce Secretary Howard Lutnick doubled down on the deadline for the European Union to reach a trade deal with the U.S. Photo: Brian Kaiser/Bloomberg News
Bloomberg
20-07-2025
- Business
- Bloomberg
Metrics Credit Says It's Unaware of Regulator ASIC Investigation
Metrics Credit Partners Pty said it's unaware of any investigation by the Australian Securities & Investments Commission into the company after Bloomberg News reported last week that the regulator was probing it. The corporate watchdog is scrutinizing the private credit manager because of concerns over loan valuations and governance practices that have emerged as part of a broader industry probe, Bloomberg reported on Friday, citing people with knowledge of the matter.
