Fed juggling various banking risks
Bank regulator says supervisory officials know of risks posed by the state of the US economy.
Source: ocregister.com
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Morning Scan: All the big stories to get you started for the day
A round-up of top newspaper stories to keep you ahead of others
Source: moneycontrol.com
Morning Scan: All the big stories to get you started for the day
A round-up of top newspaper stories to keep you ahead of others
Source: moneycontrol.com
WeWork stake sale: WeWork refuses to sell India unit stake to Embassy; talks continue
WeWork Inc. has refused to buy back its 27% stake in WeWork India, which is owned by the Embassy Group. The company sought insolvency protection under Chapter 11 of the US Bankruptcy Code. WeWork India, which WeWork Inc. owns about 27% of, has been one of the company's fastest-growing affiliates outside of the US. The remaining 73% is owned by the Embassy Group.
Source: indiatimes.com
WeWork refuses to sell India unit stake to Embassy; talks continue, ET RealEstate
WeWork India had offered to buy back the stake held by the parent company after the global counterpart sought insolvency protection under Chapter 11 of the US Bankruptcy Code earlier last month.
Source: indiatimes.com