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Financial Services & Real Estate Headlines

Multiple buyers interested in Turk Telekom stake, Garanti CEO says

Multiple buyers are interested in buying Turk Telekom's stake, Turkey's Garanti Bank chief executive Ali Fuat Erbil said on Friday, after Oger Telecom failed to make three payment on a $4.75 billion loan it secured to acquire 55 percent stake in Turkish fixed-line operator.

Swiss Re in talks to sell stake to SoftBank

Swiss Re said it is in talks to sell a minority stake to SoftBank Group in a deal that could be worth $10 billion or more and would mark Japanese company's biggest move yet into financial services.

Softbank in talks to buy stake in Swiss Re: WSJ

Japan's Softbank Group Corp is in advanced talks to buy a stake in Swiss reinsurer Swiss Re AG worth $10 billion or more, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.


Russia looms large as U.S. election officials prep for 2018

WASHINGTON Ten months before the United States votes in its first major election since the 2016 presidential contest, U.S. state election officials huddled in Washington this weekend to swap strategies on dealing with an uninvited guest: Russia. | Video