HANOI, May 25 (Reuters) – Vietnamese electric vehicle (EV) maker VinFast said it was recalling all the first batches of vehicles it shipped to the United States last year following a warning safety certificates issued by the American authorities. The move came after the US National Highway Traffic Safety Administration (NHTSA) said 999 of VinFast’s … Read more
May 23 (Reuters) – UBS Group AG (UBSG.S) said on Tuesday it was negotiating with Swiss authorities over loss protections related to its takeover of Credit Suisse Group AG (CSGN.S) and its demands capital regulations. The disclosure underscores how aspects of the merger between the two banks, hastily arranged over a weekend in mid-March by … Read more
May 22 (Reuters) – Mizuho Financial Group Inc is to buy U.S. mergers and acquisitions advisory firm Greenhill & Co Inc for $550 million including debt, the companies said on Monday. as Japan’s third-largest lender eyes a bigger share of the world’s largest investment banking fee pool. Greenhill shares more than doubled to close at … Read more
May 22 (Reuters) – Shares of PacWest Bancorp (PACW.O) jumped on Monday after the troubled regional lender announced it had agreed to sell $2.6 billion in construction home loans at a price reduced in order to improve its balance sheet. PacWest shares rose nearly 20% on the deal, giving the Los Angeles-based bank breathing space … Read more
/cloudfront-us-east-2.images.arcpublishing.com/reuters/PT2E2HKDKVKMDIDHYRMK4WWD4M.jpg)
/cloudfront-us-east-2.images.arcpublishing.com/reuters/2LCFF7TUBZLI7H7YGKURE54W6A.jpg)
/cloudfront-us-east-2.images.arcpublishing.com/reuters/X6WAY32L2BOMNBU2TFOA3XEF74.jpg)
/cloudfront-us-east-2.images.arcpublishing.com/reuters/B54IQXHT75O3DM4DS7DXNAS6HI.jpg)