- SpiceJet loans placed in high-risk category by some banks - sources, article with galleryAerospace & Defense ·
August 8, 2022 · 1:19 PM UTC· undefined ago
Private lenders IDFC First Bank and Yes Bank and state-owned Indian Bank have put their loans to SpiceJet Ltd in the high-risk category, the latest setback for the airline, people with knowledge of the matter said.
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Shareholders of UK investment trust Trian Investors 1 Ltd (TI1) have voted to remove Chris Sherwell as the firm's chair after criticism from activist investors over various governance issues.
- MarketsMitsui Sumitomo Insurance to buy U.S. reinsurance broker for $400 million, Nikkei reports
Mitsui Sumitomo Insurance Company, a subsidiary of Japan's MS&AD Insurance Group Holdings , will spend about $400 million to buy U.S. reinsurance broker Transverse, the Nikkei business daily reported on Sunday.
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A U.S. judge on Friday threw out a former Deutsche Bank AG trader's conviction for conspiring to manipulate the global lending benchmark Libor, after an appeals court tossed the convictions of two former colleagues he testified against.