Societe Generale (SocGen) and the International Finance Corporation (IFC) have signed a Collaboration Framework Agreement to bolster sustainable finance in developing countries. As part of the agreement, signed at the World Economic Forum’s annual meeting in in January, IFC and SocGen will provide project co-financings and risk sharing agreements, assisting in the private sector’s mobilisation […]
GDA Luma Capital, a private equity firm specializing in distressed debt,
Publishing giant Future has poached ITV veteran Sharjeel Suleman to be its new chief financial officer as the firm looks to rebound from a slump in profit last year.
The Federal Reserve Open Market Committee has left its fed funds target range unchanged. In its statement, the Committee says there has been a "lack of further progress" in bringing inflation down to its 2% target. Earnings are also driving the action on Wall Street with the likes of Qualcomm (QCOM), Etsy (ETSY), MGM Resorts (MGM), and Zillow (Z) set to report. Trending tickers on Yahoo Finance include Starbucks (SBUX), Super Micro Computer (SMCI), and CVS Health (CVS). Top guests today include:...
The International Finance Corporation (IFC), the investment division of the World Bank, has extended a €58 million facility to supplement the existing €387 million green financing provided to NEPI Rockastle. This expands the total financing package to €445 million. The facility now covers around 89% of the principal of the bond issue, and the difference […]
Faith has long been devoted to salving social ills – addressing
The regular season ended for the NBA earlier this month, and the Indiana Pacers found out the fate of a contract bonus for Doug McDermott and their 2024 NBA Draft picks.
Mitch Garver hits a towering fly ball that hooks down the left-field line
The Oakland Athletics have taken another significant step toward Nevada, retaining a major player in sports finance to broker a deal intended to provide team owner John Fisher with $500 million toward a new ballpark on the Las Vegas Strip. Nevada legislators last June approved $380 million in public funding toward the estimated $1.5-billion cost of the ballpark, with the A’s responsible for the balance, but access to the public money requires disclosure of a financing plan for the balance of the...
Commercial bankers provide capital to fund the operations and growth of businesses. However, as these lenders evaluate entrepreneurs who apply for loans, gender bias leads to women being denied more often than their male counterparts.
Stripe continues to hold the title of being the biggest financial technology business still in private hands, with a current valuation of about $65 billion and a whopping $1 trillion in total processed payment volume last year alone. But fintech is fragmented and a fast-moving target, and with competitors chipping away at its place, Stripe is […] © 2024 TechCrunch. All rights reserved. For personal use only.
Aditya Birla Finance, one of the key lending partners for One 97 Communications-owned Paytm, is learnt to have invoked loan guarantees which the fintech firm had provided to the lender in lieu of repayment defaults from customers, people in the know of the matter told ET.Others like Piramal Finance and Clix Capital have also pulled the plug on their partnerships with Noida-headquartered Paytm, signalling the stress in the company's lending business in the aftermath of central bank's ban on Paytm...