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Vietnam's PV Power picks banks to facilitate $1.4 bln LNG project loans

HANOI, Oct 6 (Reuters) - Vietnam's state-run PetroVietnam Power Corp POW.HM has signed a deal to allow a consortium of two local banks to arrange a $1.4 billion syndicated loans for two liquefied natural gas (LNG) projects, the government said on Wednesday. The funds will be used for the construction of the 1,500-megawatt (MW) total capacity Nhon T

Credit Suisse shareholders back board's risk reinforcements

(Recasts with further detail, background) By Brenna Hughes Neghaiwi ZURICH, Oct 1 (Reuters) - Credit Suisse CSGN.S shareholders approved the appointment of two external risk experts to the board of directors, as Chairman Antonio Horta-Osorio reaffirmed his strategy to overhaul the Swiss bank. Horta-Osorio, or "AHO", as the Portuguese banker became

ING expects Chinese govt team to help Evergrande get some capital

Sept 21 (Reuters) - The Chinese government's restructuring team will help property developer Evergrande 3333.HK at least get some capital, but it may have to sell some stakes to a third party, such as a state-owned enterprise, Dutch bank ING INGA.AS said on Tuesday. "The spin-off of non-core businesses, for example, those that are not residential r

Credit Suisse proposes adding two risk experts to its board

(Rewrites, adding chairman comment) ZURICH, Aug 13 (Reuters) - Credit Suisse CSGN.S wants to appoint two risk experts to its non-executive board, Switzerland's second biggest bank said on Friday, as it seeks to repair the damage caused by the Archegos and Greensill affairs. New Chairman Antonio Horta-Osorio has made risk and cultural change a top p

ING reports $2.5 bln pretax profit, plans dividends and buybacks

(Updates with details, including dividend and buyback plans) By Toby Sterling AMSTERDAM, Aug 6 (Reuters) - ING Groep NV INGA.AS on Friday reported a better-than-expected quarterly pretax profit of 2.07 billion euros ($2.45 billion) and said it plans to resume paying dividends as it reversed some provisions for bad loans taken amid the coronavirus p


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