Banks typically sell such loans to investors soon after the deal is done, but in the case of X, which Musk bought for $44 billion in 2022, they have been stuck holding the debt
The combined market-capitalisation (market-cap) of the top 25 banks globally rose 5.4 per cent quarter-on-quarter (QoQ) in the April - June 2024 period (Q1-FY25)
"Given the interest in India as a market, at some point people will look at both organic and inorganic way to come into the market," Khullar said
Musk's proposal to proceed with Twitter acquisition for the original offer price poses a headache at the worst possible time for Wall Street banks already struggling to offload billions in buyout debt
25 biggest banks by assets have seen 22 changes in chief executive and chair over the past two years: Twenty-one of those 22 jobs went to men.
At 65, Dimon is the only sitting bank CEO who led a major firm through the financial crisis
Morgan Stanley, JPMorgan, Bank of America, Goldman Sachs and Wells Fargo said they were hiking their capital payouts after the US Federal Reserve gave them a clean bill of health
Wall Street bank chiefs will tout the role their institutions have played in getting the pandemic-hit US economy back on track when they appear before Congress this week
5 US investment banks are set to move hundreds of key staff within 2 years from London to Frankfurt
As London is on a shaky ground, the region's preeminent financial hub