UK’s Chesnara Acquires HSBC Life UK in £355 Million Deal to Expand Insurance Portfolio
Alex V Chesnara acquires HSBC Life (UK) Limited for £355 million, expanding its UK insurance portfolio by £7 billion in assets. Deal…
2025
JPMorgan Halves Stablecoin Growth Forecast, Warns Against Trillion-Dollar Surge by 2025
JPMorgan halves its stablecoin market growth forecast, citing regulatory hurdles and plateauing adoption, and warns trillion-dollar predictions are unlikely by…
BPER Raises Offer to €6.39 Billion in Pursuit of Popolare di Sondrio Acquisition
BPER Banca increases its all-cash offer to €6.39 billion for Popolare di Sondrio, aiming to form Italy’s third-largest bank amid…
Ripple Seeks US National Bank Charter as Crypto Industry Eyes Regulatory Leap
Ripple applies for a US national bank charter, seeking federal oversight and expanded crypto banking services in a potential breakthrough…
Liquidators Sue Standard Chartered over 1MDB Scandal Funds
Liquidators of Malaysia’s 1MDB file legal proceedings against Standard Chartered Bank in London, seeking to recover misappropriated funds in the…
Nippon Steel Secures $5.6 Billion in Subordinated Loans to Fund U.S. Steel Acquisition
Nippon Steel secures $5.6 billion in subordinated loans from Japanese megabanks to fund its $15 billion acquisition of U.S. Steel,…
Blackstone Acquires $2 Billion in Commercial Real Estate Loans from Atlantic Union Bank
aparna Blackstone acquires $2 billion in commercial real estate loans from Atlantic Union Bankshares, reflecting trends in CRE lending and regional…
Mediobanca Pledges €4.9 Billion Shareholder Reward Amid Rising Takeover Speculation
Mediobanca pledges €4.9 billion in shareholder rewards through 2027, amid speculation over a potential Monte dei Paschi takeover.
JP Morgan Asset Management Launches Largest Active ETF Amid Booming Demand
JP Morgan Asset Management launches its largest active ETF, JVAL, with $3.3 billion in assets, marking a major shift in…
Trump-Backed Crypto Firm Eyes Stablecoin Audit, New App Launch by 2025
Trump-backed crypto firm TMTG will audit its stablecoin reserves and plans to launch a new crypto app in 2025, aiming…