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Hang Seng Bank shares jump 25% as parent HSBC's privatization bid values it at over $37 billion
HSBC has asked the board of Hang Seng Bank to put forward a privatization proposal to shareholders. Shares in Hang Seng Bank would be canceled in exchange for 155 Hong Kong dollars apiece. HSBC owns ...
Shares of Chinese regional lender Shengjing Bank Co. surged as much as 23% in Hong Kong trading on Monday, after its state-backed shareholder said it will raise an offer to take the bank private. The ...
State-backed Shenyang Shengjing Financial Holding Investment Group sweetened its privatization offer for Chinese regional lender Shengjing Bank Co. in a bid to win shareholder backing for the deal.
JPMorgan Chase is earmarking another $50 billion for its direct lending efforts. Kena Betancur -VIEWpress/Getty Images These alliances come at a time when the appetite for private credit is growing.
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