financial firms

Latest news and articles about financial firms from NEX English

Mergers Drive Asset Management Firms to Enhance Competitiveness

The global asset management industry is experiencing a wave of mergers as firms seek to boost their competitiveness amid rising costs. This year, deal values are expected to exceed <strong>25 billion dollars</strong>, marking a significant shift in the industry.

Barclays Reduces Asset-Based Loans After Financial Firm Collapses

Barclays Bank has decided to cut back on asset-based loans for small borrowers following the collapse of Market Financial Solutions and Tricolor. This decision comes in response to significant financial losses incurred by the bank due to these failures.