Financial Services & Real Estate Headlines

HSBC hits back at Ping An's fresh Asia spin-off proposal

LONDON (Reuters) -HSBC has hit back at its largest shareholder Ping An's latest proposal to restructure the bank and separate its Asia business into a Hong Kong-listed entity, saying it would result in a material loss of value for shareholders.

Land & Buildings urges Aimco to assess all options

Activist investor Jonathan Litt's Land & Buildings Investment Management on Tuesday urged real estate investment trust Apartment Investment and Management Co to evaluate all potential alternatives – including a sale.

HDFC Bank set to meet liquidity norms post merger - sources

HDFC Bank Ltd, India’s biggest private lender, is comfortably placed to meet reserve ratio requirements post its merger with parent HDFC Ltd, even as it awaits a final view from the central bank on requests for forbearance, three sources told Reuters.

Italian Design Brands to list on Euronext Milan

Italian Design Brands (IDB), a hub of high-quality Italian furniture and design companies, said on Monday it planned to list on Euronext Milan, with an initial public offering (IPO) expected by early May.

Third Point's Loeb looking to take insurance firm SiriusPoint private

(Reuters) -Billionaire investor Daniel Loeb is considering taking SiriusPoint Ltd private less than three years after he agreed to combine his hedge fund's reinsurance business, Third Point Re, with rival Sirius International Insurance Group to form the global specialty insurer.

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