Blue Owl Capital Corporation has entered into a definitive merger agreement with Blue Owl Capital Corporation III. This strategic move, awaiting shareholder and regulatory approval, will position Blue Owl Capital Corporation as the surviving entity. The boards of directors for both companies have unanimously approved the merger following recommendations from their special committees. Craig W. […]
Indian conglomerate Larsen & Toubro (L&T) has secured a three-year sustainability-linked loan of $107 million from Sumitomo Mitsui Banking Corporation (SMBC) to help achieve its environmental, social, and governance (ESG) goals. The Japanese banking group has been appointed by Larsen & Toubro as the sole sustainability coordinator and lender. Toshitake Funaki — Sumitomo Mitsui Banking […]
Sumitomo Mitsui Banking Corporation Europe (SMBC) has selected Exiger’s artificial intelligence-powered technology DDIQ to strengthen the bank’s know your customer (KYC) and anti-money laundering (AML) requirements in the Europe, the Middle East and Africa (EMEA) region. DDIQ platform, deployed throughout SMBC’s client onboarding and monitoring processes, comprehends and evaluates content with cognitive reasoning to improve […]