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Apollo, BNP Paribas
Apollo Snags $5 Billion From BNP to Expand Private Credit Bets
Apollo Global Management Inc. clinched $5 billion in fresh firepower from BNP Paribas SA as it looks to grow a key lending business, muscling deeper into turf once dominated by banks.
Apollo Gives Banks Another Shove With BNP's $5 Billion
Apollo Global Management Inc.'s $5 billion in funding from BNP Paribas SA will help build its private credit business, Bloomberg's Allison McNeely says, treading even deeper into banks' traditional turf.
Apollo Wins $5 Bln Funding from BNP Paribas to Boost Lending Business
Apollo Global Management said it will receive $5 billion in funding from the European bank BNP Paribas to boost its investments and asset-backed deals along with its majority-owned warehouse finance and securitized products business Atlas SP Partners.
Apollo’s ATLAS SP and BNP Paribas Announce $5 Billion Strategic Collaboration
Under the terms of the collaboration, BNP Paribas will make a significant day-1 financing commitment of $5 billion which is expected to increase over time. The commitment supports investment-grade, asset-backed credit originated by Apollo and ATLAS,
1h
BNP Paribas signs deal to buy HSBC private banking unit in Germany
BNP Paribas BNPP.PA has signed a deal to buy HSBC's private banking unit in Germany as it continues to expand its footprint ...
27m
HSBC to Sell German Private Bank to BNP Paribas
HSBC is selling its private-banking activities in Germany to France's BNP Paribas. The agreement covers 120 employees as well as the assets and customers of HSBC Germany's private-banking business, ...
6d
BNP Manager Alleged to Have Cut Women’s Bonuses to Give to Men
A BNP Paribas SA manager faces allegations he ordered staff to cut female employees bonuses to boost the pay of male ...
6d
BNP Paribas says euro could rise, not fall, if recession hits
BNP Paribas Markets 360 reckons the euro could rally against the dollar if there is a global recession, marking a break with ...
12d
on MSN
BNP Paribas: "a lot of value" in Indian large-caps
BNP Paribas' Kunal Vora sees very favorable macroeconomic conditions in India supporting growth in equities. He sees more ...
2d
Daily Voice: CY25 could mark strong IT demand rebound, says Baroda BNP Paribas MF's Shiv Chanani
In case of IT space, while there are tailwinds for the underlying clients in the BFSI space on account of rate cut cycle, ...
9d
Exane BNP Paribas Downgrades Micron Technology (BIT:1MU)
Fintel reports that on September 12, 2024, Exane BNP Paribas downgraded their outlook for Micron Technology ( BIT:1MU) from ...
2d
Paul Weiss, Cadwalader Guide Apollo-BNP $5 Billion Credit Pact
Paul Weiss and Cadwalader helped close a $5 billion pact between Apollo Global Management Inc. and French bank BNP Paribas SA ...
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