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Top News In Mjc Flowers Today - Breaking & Trending Today

Yes Bank to raise $1 bn this year, says CEO Prashant Kumar

Kumar's comments come days after the lender said it had selected an asset reconstruction company belonging to private equity firm JC Flowers as the base bidder for the sale of bad loans worth Rs 48,000 crore ($6.01 billion). ....

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abrdn completes takeover of interactive investor

Wealth management firm abrdn has completed its takeover of platform interactive investor (ii), in a deal worth £1.5bn. ....

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JC Flowers, Cerberus vie for Yes Bank ARC

Chief executive Prashant Kumar said Yes Bank plans to transfer stressed assets to the ARC by this fiscal year ....

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How the Yes Bank asset sale fell through

Distressed asset investor Eight Capital ended a partnership with New York-based private equity firm JC Flowers group and London-based Emso Asset Management to acquire over ₹54,000 crore worth of Yes Bank’s bad loans because of differences over valuation, two people directly aware of the matter said ....

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Industry reaction: Abrdn and ii deal 'a bold move'

The move by abrdn to acquire subscription-only investment platform, interactive investor, has been dubbed a bold move by the industry. ....

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