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Wilbur Ross

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  • *FTSE 100 has lost over 8 percent since Sept. 4. The decision to scrap the offering, which could have valued the firm at about 800 million pounds, casts a shadow over the prospects of the bigger and more widely known Virgin Money, another bank seeking to list this month. Aldermore and Virgin are among so-called challenger banks which the government hopes can break the...

  • TORONTO, Oct 7- U.S. billionaire investor Wilbur Ross is looking at investing in the Canadian and U.S. energy sectors, betting a long-term recovery in oil prices will boost the fortunes of small and mid-cap companies whose shares have been battered since June. Ross, who made his name by snapping up out-of-favor assets ranging from banks to textile firms, told...

  • Branson's Virgin Money aims to raise $243M in IPO Thursday, 2 Oct 2014 | 3:14 AM ET

    Virgin Money, the U.K. bank founded and part-owned by Richard Branson, said it plans to raise $243.3 million from listing in London.

  • NAB acquired regional lender Great Western in 2008 for just below $1 billion to get more involved in funding agribusiness in the United States, but the operation lacks the scale of larger competitors in the western states where it operates.

  • LONDON, July 29- U.S. billionaire Wilbur Ross said on Tuesday that he will take a "significant" portion of the 1 billion euros worth of new shares being sold by Bank of Cyprus but that the complexities of the deal made it impossible to say how much at this point.

  • *Bank of Cyprus raises 1 bln euros from EU, US investors. LONDON/ NICOSIA, July 29- Bank of Cyprus, which has just raised 1 billion euros from investors, plans to sell up to 1 billion euros in bonds in September, chief executive John Hourican said, a move that would mark a rehabilitation of the euro zone's first bank to recapitalise using depositors' cash.

  • LONDON, July 29- Bank of Cyprus hopes to issue a covered bond of between 500 million euros and 1 billion euros in September, its chief executive John Hourican told Reuters on Tuesday. Investors who bought into the capital raise include famed U.S/ billionaire Wilbur Ross and the European Bank for Reconstruction and Development.

  • NICOSIA, July 28- Bank of Cyprus, the Cypriot lender that recapitalised by seizing its clients' deposits last year, said it had raised 1 billion euros in a private placement on Monday, drawing in investors from the United States and Russia as well as from an EU-controlled bank.

  • 'The market for all art is hot'  Thursday, 10 Jul 2014 | 8:59 AM ET

    Billionaire investor and art collector Wilbur Ross tells CNBC that buying and selling art more often can be quite lucrative.

  • Greece is clearly turning: Ross  Thursday, 10 Jul 2014 | 8:35 AM ET

    Wilbur Ross, WL Ross & Company chairman & CEO, shares his thoughts on the future of Greece and the European Union. And CNBC's Rick Santelli and Steve Liesman disagree on the solutions to Europe's economic woes.

  • Ross: Courage to buy BankUnited  Thursday, 10 Jul 2014 | 7:12 AM ET

    Wilbur Ross, WL Ross & Company chairman & CEO, discusses his decision to buy the failed Florida thrift BankUnited. Also Ross explains why he couldn't "get his arms" around the deal to purchase Portuguese Bank of the Holy Spirit.

  • Fed could trigger next crisis: Stephen Roach Thursday, 26 Jun 2014 | 7:19 AM ET

    The Fed's "wildly accommodative" monetary policy risks triggering the next world financial crisis, market veteran Stephen Roach warned.

  • Ross: Bank of Ireland is 'on the right track' Monday, 9 Jun 2014 | 4:26 PM ET
    Wilbur Ross

    U.S. billionaire Wilbur Ross, who has sold his stake in Bank of Ireland, said he believes the bank is "on the right track."

  • Why I'm ready to invest more in Europe: Wilbur Ross Friday, 6 Jun 2014 | 10:01 AM ET
    Wilbur Ross

    Private equity billionaire Wilbur Ross tells CNBC he's more likely to put money to work in Europe, after the ECB's interest rate move.

  • SPAC on track to write 'blank check'  Friday, 6 Jun 2014 | 7:38 AM ET

    Billionaire investor Wilbur Ross, WL Ross & Company chairman and CEO, discusses the launch of his publicly traded special purpose acquisition corporation, formed for the purpose of making acquisition.

  • Wilbur Ross on ECB rate cut  Friday, 6 Jun 2014 | 7:03 AM ET

    Billionaire Wilbur Ross, who invests in distressed assets, weighed in on the ECB's move to negative interest rates.

  • Early jobs for some of Wall Street's finest Sunday, 6 Apr 2014 | 7:00 AM ET
    Mike Mayo, then and now.

    Where some of the financial industry’s most powerful worked to help pay for college

  • Where Wilbur Ross sees more opportunity Monday, 17 Mar 2014 | 2:13 PM ET
    Wilbur Ross

    Wilbur Ross says there is continued opportunity in Europe's financial sector.

  • 'Good long-term growth' ahead: Wilbur Ross Monday, 17 Mar 2014 | 1:49 PM ET

    Billionaire investor Wilbur Ross remains bullish despite an expected slowdown in China.

  • Wilbur Ross, WL Ross & Co. chairman & CEO, reveals where he is seeing the best investment opportunities in Europe and weighs in on comments written by Kevin Roose, New York Magazine, about the "one percent."