Capital Group Boosts Stake in Deutsche Bank

Deutsche Bank, headquartered in Frankfurt, first disclosed Capital Group’s holdings in February. Photo: ralph orlowski/Reuters Oct. 13, 2020 10:09 am ET U.S. investor Capital Group Cos. has raised its stake in Deutsche Bank AG DB -1.93% , sounding a rare note of confidence in prospects for the troubled European banking […]

GM Considers Boosting Stake in Nikola in Reworked Deal

(Bloomberg) — General Motors Co. is considering revisions to its deal with embattled Nikola Corp., according to people familiar with the discussions, and may seek a higher stake in the startup now that its valuation has fallen after allegations of deception. © Bloomberg Signage is displayed outside Nikola Corp. headquarters […]

China’s Ping An Insurance boosts HSBC stake

FILE PHOTO: HSBC logo is seen in the financial district in New York, U.S., August 7, 2019. REUTERS/Brendan McDermid/File Photo HONG KONG (Reuters) – Ping An Insurance Group Co of China Ltd 601318.SS2318.HK, the biggest shareholder in HSBC Holdings Plc HSBA.L0005.HK, has bought additional shares in the British bank to […]