Chinese State-Owned Bank Stops Digital Bond Sale That Was Drawing Scrutiny
China Construction Bank decided not to proceed with a sale of up to $3 billion in short-term debt in an offshore financial center in Malaysia.
Financial Services Roundup: Market Talk
The latest Market Talks covering Financial Services
Bain Capital Raises $800 Million for Second Impact Investing Fund
Bain Capital has raised $800 million in fresh capital to back businesses that the firm bets will benefit not only fund investors but also society at large.
New Wave of Climate Tech Boosted by Biden Win
Venture investors are already increasing their interest in climate-tech even without much federal government support.
Bitcoin Trades Near Record, Finds New Audience
The cryptocurrency has attracted a broad array of investors, including the Wall Street billionaires Paul Tudor Jones and Stanley Druckenmiller as well as sports radio host Gregg Giannotti.
European Insurers Prepare for Deals
The insurers say they have weathered the crucible of the coronavirus pandemic and are ready to do some deals.
Credit Agricole to Buy Italian Bank Credito Valtellinese
Credit Agricole said its Italian subsidiary has launched a cash tender offer to buy Credito Valtellinese for EUR737 million.
Aviva Sells Italian Unit
Aviva has sold its Italian life insurance joint venture to banking group UBI for EUR400 million.
Banks Give Black-Owned Businesses Advantage on Supply-Chain Finance Terms
Citigroup, JPMorgan Chase and Bank of America are offering preferred terms to Black-owned firms in supply-chain finance programs, after decades in which U.S. banks charged Black borrowers higher rates or denied them service.
Singapore Central Bank Launches CNY Funding Initiative for Banks
Singapore's central bank has launched a new initiative to offer $3.81 billion worth of funding in Chinese yuan to banks in Singapore.
(END) Dow Jones Newswires