Finance Updates – Page 85 – Finance Updates

Inside the Wind-Down: VTB Capital’s London Arm Costs, Claims & Creditor Battles

Europe Risk Credit Intermediation and Related Activities

VTB Capital’s sanctioned UK arm remains in ad...

Just 12 largely part-time London staff are be...

Administrators are handling 357 creditor clai...

Office closures, relocations and rising admin...

SMBC Nikko Faces Leadership Shift as Strategic Restructuring Intensifies

Asia Firms Credit Intermediation and Related Activities

The reported departure of “Brock” from SMBC N...

SMBC Nikko is undergoing major leadership cha...

The firm faces financial and reputational pre...

A planned 2027 strategic joint venture with J...

When Sanctions Meet English Contracts: Enforcing Arbitration & Choice-of-Law Clauses

Global Risk Credit Intermediation and Related Activities

Post-2022 Russian sanctions have triggered di...

In JP Morgan v VTB, the English Commercial Co...

Related cases involving VEB and RusChemAllian...

These rulings highlight the need for financia...

UK Court Blocks VTB’s £205M Recovery Claim Amid Sanctions & Insolvency Rift

Europe Policy Credit Intermediation and Related Activities

The UK High Court rejected VTB Bank’s challen...

VTB claimed the 2025 rule amendments unlawful...

Administrators led by Teneo value VTB’s claim...

The ruling highlights how sanctions-driven re...

Reverence Capital’s $500–600M Structured Credit Fund: Targeting Asset-Based Returns

Americas Firms Credit Intermediation and Related Activities

Reverence Capital is launching a structured-c...

The fund focuses on asset-based, yield-orient...

This strategy complements Reverence’s success...

The new credit platform aims to diversify Rev...

Richard Blum: Investment Triumph to Philanthropic Legacy—Business, Influence, and Scrutiny

Americas Firms Credit Intermediation and Related Activities

Richard C. Blum parlayed an $8 million acquis...

He built a powerful investment firm focused o...

Blum coupled wealth creation with philanthrop...

His overlapping roles as investor, UC Regent,...

VTB CEO Warns New Capital Rules Will Force Major Russian Banks to Raise Funds in 2026

Europe Risk Credit Intermediation and Related Activities

VTB CEO Andrei Kostin says Russian banks’ mai...

VTB alone estimates it needs about 1.7 trilli...

Slowing economic growth, high interest rates,...

Shallow domestic equity markets without Weste...

UK Court Upholds OFSI’s Sanctions Licence Cuts VTB’s £205M Claim to £188M

Europe Policy Credit Intermediation and Related Activities

UK sanctions-hit VTB Bank lost its Administra...

The licence amendments required deductions fr...

The court held OFSI acted lawfully, rationall...

The decision confirms UK regulators’ wide dis...

VTB Capital UK Wind-Down Hits £64M+ Cost with £1.2B in Creditor Claims

Europe M&A Credit Intermediation and Related Activities

Since entering administration in 2022, VTB Ca...

Administrators Teneo are handling 357 credito...

The London operation is now run by roughly a ...

High ongoing staff, lease and professional co...

CCMP Growth Advisors reshapes middle-market PE with operational turnarounds & founder partnerships

Americas Firms Credit Intermediation and Related Activities

CCMP Capital, spun out of JPMorgan in 2006, b...

Under Steve Murray, CCMP delivered strong ret...

Rebranded as CCMP Growth Advisors, the firm’s...

Recent deals and Fund IV’s successful 2024 cl...