Carlyle to Buy $7.7 Billion Loan Portfolio as Truist Exits Consumer Lending Platform
Carlyle Group has agreed to purchase $7.7 billion worth of unsecured consumer loans from Truist, acquiring substantially all of the assets tied to LightStream, the bank's unsecured lending platform, as…
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Europe keeps reaching for tariffs against China, but that may be solving the wrong problem
BRUNO FAHY/AFP/Getty Images Brussels has spent the past year escalating its trade defenses against Chinese manufacturing, doubling tariffs on Chinese steel to 50% to combat what it calls global overcapacity,…
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