Tag
Financial Services
4 articles
Bank of America Takes 49.9% Stake in Jio Credit With $1.92 Billion India Deal
The U.S. lender enters a joint venture with Jio Financial Services, acquiring an initial 26.5 percent interest expandable to nearly half of its non-bank lending arm.
Apollo's Fee Earnings Hit Record $785M as Lending and Insurance Offset Asset Sale Drag
Fee-related earnings rose 25 percent to a quarterly high of $785 million, while insurance asset spreads climbed 7 percent to $877 million, as Apollo deferred asset sales.
Kean Jr.'s Return Changes House GOP Math on Key Finance Votes
The New Jersey Republican's expected return in weeks could swing votes on appropriations and digital asset legislation
Citadel's Miami Commitment Shows Shift in Financial Markets
Ken Griffin's commitment to Miami and critique of New York City reflects capital reallocation affecting U.S. financial and real estate markets.