Taiping Insurance receives HK$8.7bn for loan refi
China Taiping Insurance Group Co has raised a HK$8.7bn ($1.12bn) loan to refinance debt taken for the acquisition of an office building in Hong Kong.
China Taiping Insurance Group Co has raised a HK$8.7bn ($1.12bn) loan to refinance debt taken for the acquisition of an office building in Hong Kong.
Banks that mostly missed out on last year's trading and origination windfall would find it difficult to make up for lost time by leaning into their investment banking divisions; that ship has probably already sailed.
Hong Kong’s Securities and Futures Commission (SFC) is planning to introduce new rules that will require syndicate teams on bond and equity deals to be fixed earlier and brokers to disclose their fee structures, moves
PMC Capital Partners has acquired UniversalPegasus International (UPI), a provider of engineering and construction management services, from publicly traded Huntington Ingalls Industries. UPI was formed in February 2008 by KRG Capital Partners through the acquisition
Bertram Capital has acquired Safety Products Holdings (SPH), a provider of safety cutting tools and accessories, from Levine Leichtman Capital Partners (LLCP). The buy of SPH is the third platform investment for Bertram’s fourth fund.
Kingswood Capital Management has held an oversubscribed and hard cap close of Kingswood Capital Opportunities Fund I LP with $230 million of capital. Limited partners in the new fund include public pension funds, insurance companies,
The fintech was reported to have received a number of takeover offers in December
Early-stage venture capital firm Finch Capital has held a first close on €85m for its third fund, Europe III, which will invest in European fintech companies.
A huge reup from returning LPs has seen Finch Capital strike a first close for its €150m-targeting third fund aimed at European fintech and AI startups.
Banks operating in Hong Kong are actively pushing for the adoption of alternative risk-free rates as the deadline for phasing out Libor, the old lending benchmark, approaches.
The insurtech provider doubles down on market leadership with launch of new digital service.(PRWeb February 09, 2021)Read the full story at https://www.prweb.com/releases/kin_insurance_launches_landlord_insurance_in_florida_market/prweb17710091.htm
Credit Suisse is adding to its fintech coverage with the appointment of Orazio Tarda as global head of the sector in London. Tarda was previously global head of fintech at HSBC.
UK-based GP AnaCap has sold its Czech portfolio company Equa Bank, a digital banking platform, to the Czech branch of Austrian bank Raiffeisen Bank International (RBI).
Nivaura, the fintech firm seeking to digitise primary markets using blockchain technology, has appointed a new chief executive officer.
Drug discovery software provider Optibrium has been bought by Kester Capital in the firm's third deal since closing its £90m sophomore fund.
Affordability checks on consumers needed, says UK Treasury
PB Fintech, parent of online insurance platform Policybazaar, has filed initials documents for a Rp60.17bn ($809.2m) IPO in India.
Rowena Chu, vice chair of Greater China investment banking coverage at Deutsche Bank, has retired.
