HONG KONG--(BUSINESS WIRE)-- Peak Reinsurance Company Limited (“Peak Re” or the “Company”) and KKR, a leading global investment firm, today announced that funds managed by KKR and Quadrantis Capital have entered into definitive agreements to acquire minority stakes in Peak Re via Peak Reinsurance Holdings Limited. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251020924186/en/ Upon completion, KKR...

Oct 20 (Reuters) - * BGIN BLOCKCHAIN LIMITED: PRICING OF ITS INITIAL PUBLIC OFFERING OF 5,000,000 CLASS A ORDINARY SHARES, PRICE OF US$6.00 PER SHARE Source text: ...

(Reuters) -Zions Bancorp reported a rise in third-quarter profit on Monday, helped by stronger interest income and despite taking a hefty loss on two loans, sending shares of the bank up 2% in after-market trading. Zions disclosed last week that it would take a $50 million loss in the third quarter on two commercial and industrial loans from its California...

(Reuters) -After a turbulent week in which some regional U.S. banks flagged bad loan and fraud issues, investors scrutinized lenders' earnings reports for signs of wider strain across the sector. Zions Bancorporation posted a third-quarter profit increase on Monday, helped by stronger interest income, despite the $50 million fraud-related charge-off it announced last week. Private credit carries the highest risk...