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Australia’s top companies back Indigenous Voice as public support wavers

Australia’s top companies back Indigenous Voice as public support wavers

SYDNEY, June 16 (Reuters) – Some of Australia’s biggest companies, including miners, banks and retailers, are emerging as powerful sources of support for a campaign to recognise the country’s Indigenous people in the constitution, a development that could sway the outcome of a referendum later this year. The advocacy of...

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  • June 15, 2023
Wells

Wells Fargo CEO says there will be losses in office loan portfolio

Wells Fargo CEO says there will be losses in office loan portfolio

NEW YORK, May 31 (Reuters) – Wells Fargo & Co’s (WFC.N) Chief Executive Officer Charlie Scharf said on Wednesday that there will be losses in the office loan space but the lender was proactively managing its portfolio. “We will see losses, no question about it. But in the context of...

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  • May 31, 2023
Wells

Exclusive: Private equity firm GTCR amasses $11.5 bln in record fundraise

Exclusive: Private equity firm GTCR amasses .5 bln in record fundraise

NEW YORK, May 23 (Reuters) – Private equity firm GTCR LLC has raised its largest fund ever, collecting $11.5 billion from investors to acquire companies that span the technology, healthcare, financial and consumer services sectors, it told Reuters on Tuesday. The milestone defies fundraising challenges private equity funds are facing...

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  • May 23, 2023