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Barakah One completes its N-energy plant refinancing

ABU DHABI / WAM The Barakah One Company (Barakah One) — a joint-venture between the Emirates Nuclear Energy Corporation (Enec) and the Korea Electric Power Corporation (Kepco) — has successfully completed the milestone refinancing of the Barakah Nuclear Energy Plant, working with key banking institutions in the UAE. Barakah One has refinanced the full outstanding balance under the loan facilities ...

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Japan’s Mizuho on US hiring spree with underwriting goal in sight

BLOOMBERG  Mizuho Financial Group Inc’s securities arm is boosting hiring in the US as it seeks to cement its position among the top 10 stock and bond underwriters in the lucrative market. The Japanese bank’s US unit plans to recruit more than 100 people for its investment banking and trading business by the end of March next year, according to ...

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HSBC returns to private banking operations in India to tap growing wealth

BLOOMBERG  HSBC Holdings Plc said it began private banking operations in India, marking a return to the market as Europe’s largest lender seeks to serve the nation’s growing rich. The business is aimed at professionals, entrepreneurs and their families with investable assets of more than $2 million, the London-based bank said in a statement. The move underscores how global wealth ...

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