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Exclusive: Russia expects to recover far less from "bad bank" assets - sources

Russia will dramatically cut its estimate of the sum it expects to recover from a "bad bank" set up after the collapse of three major lenders, according to three sources familiar with new calculations being prepared for the central bank......»»

Category: topSource: reutersFeb 12th, 2019

Exclusive: Venezuela shifts oil ventures" accounts to Russian bank - document, sources

Venezuela's state-run oil company PDVSA is telling customers of its oil joint ventures to deposit sales proceeds at an account it recently opened at Russia's Gazprombank AO, according to sources and an internal document seen by Reuters on Saturday......»»

Category: topSource: reutersFeb 9th, 2019

Exclusive: Brazil telecom Oi hires BofA Merrill Lynch to sell some assets: sources

Brazilian telecoms carrier Oi SA has hired Bank of America Merrill Lynch to sell noncore assets such as cellphone towers and data centers, two people with knowledge of the matter said on Thursday......»»

Category: topSource: reutersJan 10th, 2019

Exclusive: China Development Bank supervising HNA asset sales - sources

China Development Bank (CDB) is leading a team to supervise HNA Group's asset disposals as the heavily indebted conglomerate scales back operations to a point that will leave it holding only core assets, people familiar with the situation said......»»

Category: topSource: reutersDec 14th, 2018

Exclusive: U.S. regulator drops fine against Citi over fair-lending claims - sources

A top U.S. bank regulator has decided not to fine Citigroup for discriminating against minority mortgage borrowers, dropping the public rebuke that some officials had sought, two people familiar with the matter told Reuters......»»

Category: topSource: reutersJan 30th, 2019

Exclusive: Naspers nears full control of Russian classified platform Avito - sources

South African media and e-commerce group Naspers is nearing a deal to take full control of Russia's largest classified advertising platform Avito by buying the remaining 32 percent it does not already own, two sources told Reuters......»»

Category: topSource: reutersJan 25th, 2019

Exclusive: Kazakhstan urgently looking for bank to take over Tsesnabank - sources

The Kazakh authorities are urgently looking for a bank to take over no. 2 lender Tsesnabank as they believe it needs new financing to prevent a collapse, three sources familiar with the discussions told Reuters......»»

Category: topSource: reutersJan 25th, 2019

U.S. bank Citi to shrink Russia branch network, but expects to do more business

The Russian arm of U.S. bank Citi said on Wednesday it planned to reduce the number of its offices in the country, but expected to do more business this year......»»

Category: topSource: reutersJan 23rd, 2019

Exclusive: Mitsui, Saudi Aramco, Russia"s RDIF in talks to buy Arctic LNG 2 stakes - sources

Japan's Mitsui & Co Ltd , Russian sovereign wealth fund RDIF and Saudi Aramco are in talks to buy stakes in Novatek's Arctic LNG 2 project, with the size of the investments still to be decided, sources familiar with the talks told Reuters......»»

Category: topSource: reutersDec 21st, 2018

Exclusive: Russia"s Deripaska prepares to cede control of Rusal, En+ - sources

Russian tycoon Oleg Deripaska is preparing to cede control of Rusal and its parent En+ , moving part of his En+ stake to a blind trust, as talks with the United States on lifting sanctions advance, three sources familiar with the talks said......»»

Category: topSource: reutersDec 19th, 2018

Exclusive: Chat-service firm Slack taps Goldman Sachs to lead IPO - sources

Slack Technologies Inc, a provider of chat and direct messaging services for businesses, has hired investment bank Goldman Sachs Group Inc to lead its initial public offering (IPO) next year as an underwriter, people familiar with the matter said......»»

Category: topSource: reutersDec 7th, 2018

Exclusive: U.S. probe of China"s Huawei includes bank fraud accusations: sources

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Category: topSource: reutersDec 6th, 2018

Exclusive: U.S. probe of China"s Huawei includes bank fraud accusations - sources

Chinese telecoms giant Huawei's chief financial officer was arrested as part of a U.S. investigation into an alleged scheme to use the global banking system to evade U.S. sanctions against Iran, according to sources familiar with the situation......»»

Category: topSource: reutersDec 6th, 2018

Exclusive: Russia plans stiffer fines for tech firms that break rules - sources

Russia plans to impose stiffer fines on technology firms that fail to comply with Russian laws, sources familiar with the plans said, raising the stakes in the Kremlin's fight with global tech giants such as Facebook and Google......»»

Category: topSource: reutersNov 26th, 2018

Exclusive: Russian state bank secretly financed Rosneft sale after foreign buyers balked

It was billed as the deal that proved Russia remained open for business......»»

Category: topSource: reutersNov 9th, 2018

Exclusive: BOJ eyes tweaks to bond-buying program, but won"t rush changes - sources

The Bank of Japan is considering tweaking its bond buying operations to allow the government debt market to better reflect fundamentals, people familiar with the matter said, following years of heavy central bank buying in the sector......»»

Category: topSource: reutersOct 29th, 2018

Exclusive: China"s Wanda Group explores Legendary Entertainment stake sale - sources

China's Dalian Wanda Group is exploring a partial sale of its Hollywood film studio and the full sale of its sports assets in its latest push to reduce offshore holdings under pressure from Beijing, sources familiar with the matter said......»»

Category: topSource: reutersOct 26th, 2018

Exclusive: BofA top brass tries to soothe disgruntled dealmakers - sources

Top Bank of America Corp executives, including Chief Executive Officer Brian Moynihan, made a surprise appearance at a gathering of the bank's senior dealmakers on Tuesday in an effort to boost morale, two people familiar with the matter told Reuters......»»

Category: topSource: reutersOct 24th, 2018

Exclusive: Exxon, Rosneft to build LNG plant with Japanese, Indian partners - sources

Russia's Rosneft and U.S. ExxonMobil plan to build a liquefied natural gas (LNG) plant in a consortium with Indian and Japanese partners, spreading the estimated $15 billion cost, two sources familiar with the talks said......»»

Category: topSource: reutersOct 23rd, 2018

Exclusive: CrowdStrike hires Goldman Sachs to lead IPO - sources

Cybersecurity software maker CrowdStrike Inc has hired investment bank Goldman Sachs Group to prepare for an initial public offering that could come in the first half of next year, people familiar with the matter said on Friday......»»

Category: topSource: reutersOct 19th, 2018

Exclusive: Sears CEO Lampert explores bidding for assets in bankruptcy - sources

Sears Holdings Corp Chief Executive Of.....»»

Category: topSource: reutersOct 11th, 2018