Bloomberg Business

A New Bill to Protect Indonesia’s Domestic Workers Leaves Two Million Staff Exposed

Indonesia is the largest democracy in the world without a law to protect its domestic workers. That may be about to change, with a bill that also paves the way to better rights for millions of Indonesians in places such as Hong Kong and Singapore. But at home, many domestic employees will miss out on the law’s protections completely.

Kimora Lee Says $93 Million US Wants From Tim Leissner Is Hers

Kimora Lee, the former model and ex-wife of former Goldman Sachs Group Inc. banker Tim Leissner, claims that shares worth about $93 million that he was ordered to forfeit as part of his 1MDB guilty plea actually belong to her.

FDIC Mulls Loss-Sharing With Nonbanks to Boost Bids on Failures

The Federal Deposit Insurance Corp. is considering whether to offer loss-sharing agreements to private equity firms and other nonbanks that acquire parts of failed lenders, after the regulator was left holding a large portfolio of Signature Bank loans following its collapse.

TPG Is In Talks to Buy Credit, Real Estate Firm Angelo Gordon

TPG Inc. is in talks to acquire investment firm Angelo Gordon, which would be its first major foray into credit investing since separating from Sixth Street three years ago, according to people with knowledge of the matter.

Close Bitnami banner
Bitnami