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KTM Receives Financial Lifeline from Bajaj Auto to Overcome Bankruptcy
18 May 2025 13:28 GMT
Auto News
Bajaj Auto have managed to secure Rs 5,250 crore for a year loan for KTM who were days away from deadline to fund an insolvency plan.
Bajaj to KTM’s rescue
New Delhi: The co-owner of KTM AG motorcycle, Bajaj Auto Ltd, has managed to secure Rs 5, …
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Bank of America, Citigroup, Johnson & Johnson: Stocks to watch today
15 Apr 2025 12:51 GMT
… of America (BAC+2.46%), Citigroup (C+3.39%), and Johnson … gains to a Q1 beat
Citigroup posted first-quarter 2025 net … settlements, after courts rejected its bankruptcy-based strategy for resolving lawsuits …
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Swedish battery maker Northvolt files for bankruptcy
12 Mar 2025 09:41 GMT
… maker Northvolt has filed for bankruptcy after failing to secure … previously sought US Chapter 11 bankruptcy protection in November.
“This … appointed trustee will oversee the bankruptcy process, including the sale of … banks including JP Morgan and Citigroup.
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Citigroup shares Wells Fargo's spotlight heat from US Sen. Elizabeth Warren
10 Oct 2024 12:40 GMT
… spotlight is shining brightly on Citigroup, joining Wells Fargo & … in 2024, federal regulators rejected Citigroup’s “living will,” a … bank will safely manage bankruptcy in the event that … to protect customer deposits.
Citigroup has not responded to Warren …
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LATAM Airlines Soars: $1.4 Billion Bond Offering Marks Post-Bankruptcy Triumph
01 Oct 2024 21:37 GMT
… since exiting Chapter 11 bankruptcy in November 2022.
Citigroup, Santander, JP Morgan … Billion Bond Offering Marks Post-Bankruptcy Triumph. (Photo Internet reproduction)
Total …
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Citigroup's China Expansion Plans Stalled Amid Regulatory Probes
23 Sep 2024 19:36 GMT
… Chinese authorities to verify Citigroup's regulatory standing … The regulators stated that Citigroup made "insufficient progress … transactions.
The FDIC chastised Citigroup, stating that the bank… not enable a smooth bankruptcy process following U.S. …
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Azul shares plunge amid bankruptcy protection rumors
29 Aug 2024 17:29 GMT
… company is considering filing for bankruptcy protection.
The company is reportedly … is reportedly working with CitiGroup to avoid bankruptcy and is also considering … need to avoid filing for bankruptcy protection to access these funds …
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Azul Weighs Merger and Bankruptcy Options Amid Debt Crisis
29 Aug 2024 10:56 GMT
… airline is collaborating with Citigroup Inc. for a potential … ’s representatives and Citigroup declined to comment on … airlines have succumbed to bankruptcy, Azul has distinguished … provided Azul avoids declaring bankruptcy.
This government intervention could …
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Citigroup beats profit estimates, but shares fall on expense concerns
12 Jul 2024 21:44 GMT
… to enhance transparency and accountability, Citigroup is now disclosing earnings separately … connected investments in data remediation.
Citigroup now projects full-year expenses … plan for winding down in bankruptcy "deficient."
(With inputs …
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Big US banks' bankruptcy plans flawed
22 Jun 2024 16:45 GMT
… had identified weaknesses in the bankruptcy plans of half of America … their feasibility.
Bank of America, Citigroup, Goldman Sachs and JPMorgan Chase … wills," which detail their bankruptcy plans in the event of …