Synchrony Buying Ally Financing Biz With $2.2B Loan Book
In a groundbreaking move, Synchrony Financial is set to acquire consumer lending giant Ally Financial Inc. in a monumental deal, unlocking a treasure trove...
Quest Diagnostics Settles Billing Practices Suit
Quest Diagnostics, accused of "abusive and illegal billing practices," has reached a settlement in principle in a proposed class-action lawsuit. The agreement involves allegations...
Army Corps Escapes Ohio River Tugboat Service Suit
In a legal showdown echoing across the Ohio River, the U.S. Army Corps of Engineers emerges victorious as a federal judge dismisses a construction...
Customs Hit Acquisition 362 With Disputed Duty
In a legal skirmish that could redefine trade dynamics, Acquisition 362 LLC, operating under the trade name Strategic Import Supply LLC, has launched a...
SVB Cayman Unit Files For Bankruptcy:
The Silicon Valley Bank's (SVB) tumultuous journey takes a new twist as its Cayman Islands unit files for Chapter 15 protection in New York....
Debevoise Leads Kazakh Fintech Firm’s $1B US IPO
In a financial spectacle brimming with anticipation, Kazakhstan's innovative fintech powerhouse, Kaspi.kz, has embarked on a thrilling journey into the U.S. market, igniting the...
Industrial and Commercial Bank of China Fined $32.4M
In a startling revelation, U.S. regulators disclosed on Friday that the Industrial and Commercial Bank of China (ICBC), a global banking giant, is set...
4 Firms Steer $1.8B Kaman Corp Private Deal
In a thrilling financial maneuver, aircraft component manufacturer Kaman Corp. has inked a deal to go private, with Arcline Investment Management at the helm,...
Third Circuit Orders Examiner in FTX Bankruptcy Battle
In a thrilling development on Friday, the Third Circuit issued a decisive order mandating the appointment of an examiner in the bankruptcy case of...
JBT €3.5B bid For Marel HF: a High-Stakes Offer Duel
In a strategic move reminiscent of a chess grandmaster, U.S.-based JBT Corp. has declared a jaw-dropping €3.5 billion ($3.8 billion) offer for Icelandic rival...