The Federal Deposit Insurance Corp. is considering whether to offer loss-sharing agreements to private equity firms and other nonbanks that acquire parts of failed lenders, after the regulator was left holding a large portfolio of Signature Bank loans following its collapse.
TPG Inc. is in talks to acquire investment firm Angelo Gordon, which would be its first major foray into credit investing since separating from Sixth Street three years ago, according to people with knowledge of the matter.
Christmas Tree Shops Inc. filed for bankruptcy — less than three years after Bed Bath & Beyond Inc. sold the discount retailer — with plans to shutter some underperforming stores.
The world’s biggest ocean friendly debt swap is coming together in Ecuador, with Credit Suisse Group AG offering a yield of less than 6% on a new bond, according to people familiar with the matter.
The Biden administration is preparing a $500 million weapons package for Taiwan, using a fast-track authority that it has relied on to speed arms to Ukraine, people familiar with the matter said.
Estée Lauder Cos. is lagging behind its rivals as the reopening of China boosts the luxury-retail outlook. There’s a familiar culprit: supply-chain troubles.
In between talks on security and technology, the leaders of South Korea and Japan plan to unwind over a drink.
Warner Bros. Discovery Inc. reported a surprise profit in streaming TV as its legacy cable networks continued to lose advertising and viewers.
Federal Reserve Bank of St Louis President James Bullard said policymakers will probably have to push rates higher to cool inflation, but said he would wait and see what the data show before deciding what move to support in June.
US bank lending increased for a fourth straight week, suggesting credit conditions remain relatively stable despite elevated concerns about regional lenders.
