Taiwan is delaying approval of CTBC Financial Holding Co.’s planned 52 billion-yen ($504 million) purchase of Japan’s Tokyo Star Bank Ltd. after finding internal- control breaches at CTBC’s banking unit.
Lone Star Funds, a U.S. private- equity firm, won an auction to purchase almost all of the former Anglo Irish Bank Corp.’s 6.3 billion-pound ($10.5 billion) U.K. loan book, two people with knowledge of the matter said.
Texans will have to prove who they are to cast ballots today, beginning a series of U.S state elections that will show the effect of laws pushed by Republicans requiring photo identification at the polls.
Lone Star Funds, the world’s biggest buyer of delinquent mortgages, renewed efforts to sell an office and banquet hall complex in Tokyo by including land in the offer, according to two people familiar with the sale.
Lone Star Funds, the world’s biggest buyer of delinquent mortgages, promoted Andre Collin to the new role of president of the Dallas-based private-equity firm, reporting to Chairman John Grayken, according to an e-mail sent to investors.