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British Business Bank
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Davidson Kempner and UK Government Partner to Provide Capital Relief for Oxbury Bank, Guaranteeing Up to £500M in Farm Loans
The risk transfer deal will guarantee up to £500 million ($662 million) of existing loans to small and medium-sized farming businesses. The British Business Bank will underwrite the senior portion, wh
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Davidson Kempner and UK Government Partner to Provide Capital Relief for Oxbury Bank, Guaranteeing Up to £500M in Farm Loans
The risk transfer deal will guarantee up to £500 million ($662 million) of existing loans to small and medium-sized farming businesses. The British Business Bank will underwrite the senior portion, wh
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British Business Bank
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French President Emmanuel Macron announced that France would provide military assistance to Saudi Arabia to protect oil facilities at Yanbu Port in the Red Sea.
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Brent crude oil rose over 3% on Thursday, breaking above $106 per barrel, after Yemen's Houthi rebels claimed attacks on Saudi facilities.
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Bitget's security team confirmed a backend system intrusion, with forged transfers triggering an outflow of funds; the CEO stated losses exceeded $300 million, possibly linked to North Korean hackers.
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