Company Statements
Americas
BlackRock, Inc. to Acquire Private Credit Manager Tennenbaum Capital Partners
BlackRock Inc. and Tennenbaum Capital Partners, LLC announced a definitive agreement under which BlackRock will acquire TCP, a leading manager focused on middle market performing credit and special situation credit opportunities.
The acquisition augments BlackRockβs position as a leading global...
Cards & Payments
Barclays and PayPal join forces to help customers enhance their digital payments
Barclays has announced a new strategic partnership with PayPal that is designed to enable customers to manage and use their Barclays and PayPal accounts together with greater ease, for the first time.
The partnership is expected to benefit millions of...
Asset Management
Aviva Investors revises asset allocation views on stronger growth and inflation expectations
Aviva Investors revises asset allocation views on stronger growth and inflation expectations
Aviva Investorsβ second-quarter outlook is forecasting strong growth and a sustained pickup in inflation this year.
The firm has raised its global growth expectations to close to four per...
Americas
UBS to Pay $230 Million to N.Y. in Mortgage Securities Probe
Press Release: The settlement covers 15 securitizations from 2006 to 2007, which had a total initial principal balance of more than $10 billion, Attorney General Eric Schneiderman said Wednesday in a statement. He said the bank sometimes ignored the...
Asia Pacific
Mitsubishi UFJ Trust and Banking Corporation to begin offering home loan product as an agent of The Bank of Tokyo-Mitsubishi UFJ, Ltd.
Two consolidated subsidiaries of Mitsubishi UFJ Financial Group, Inc. (MUFG), The Bank of Tokyo-Mitsubishi UFJ, Ltd. (the Commercial Bank) and Mitsubishi UFJ Trust and Banking Corporation (the Trust Bank), have decided to share a home loan business platform on...
Company Statements
Hispanic Small Business Owners Set Sights on Significant Growth in 2018 and Beyond
Hispanic entrepreneurs are increasingly optimistic about the future β what lies ahead in the next year and even the next decade to come β and see their heritage as an important advantage to their success.
According to the second annual...
Americas
Amazon, Berkshire Hathaway and JPMorgan Chase & Co. to Partner on U.S. Employee Healthcare
Amazon , Berkshire Hathaway and JPMorgan Chase & Co. announced that they are partnering on ways to address healthcare for their U.S. employees, with the aim of improving employee satisfaction and reducing costs. The three companies, which bring their...
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