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Chinese auto rental company Car Inc’s stock price and outstanding bonds took a hit this week as two of its major shareholders struggled to offload the company’s shares. -
Private sector involvement in Covid-19 debt relief efforts seems set for a mire of unclear messaging and recriminations, after G20 figures published this weekend disappointed.
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Capza, the European private investment platform focused on small and medium-sized enterprises, completed a €450m capital raising for a new equity fund this week, taking its total assets under management to more than €4bn.
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Analysts think Intesa Sanpaolo will succeed in winning over UBI Banca’s shareholders after sweetening the terms of its takeover bid. The merger deal is seen as an important test case for consolidation in the Italian banking sector.
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Two of China’s most powerful financial market regulators have brought a group of nine companies under state control.
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In this round-up, Beijing eases the cap for equity investment in insurance companies, the China Securities Regulatory Commission mulls consolidation, and the top financial regulators in Hong Kong tell the finance industry not to fret over the security law.
