Banks unloaded $5.5 billion of debt holdings in X that they have been stuck with since 2022, when Musk acquired the site ...

The Treasury Committee, a cross-party group formed of 11 members, wrote to banks including Barclays, HSBC, Lloyds and ...

Elon Musk's net worth has taken a tumble since the start of the ... U.S. tech sector and resulted in mass sell-offs at some ...

New York | London | Wall Street banks saddled with debt from Elon Musk’ s $US44 billion takeover of Twitter sold large chunks ...

Barclays has apologised to customers after technical problems caused disruption to services and payments over the weekend.

The sales mark a surprising turnaround for what had initially been seen as an ill-fated financing of Musk's 2022 takeover of ...

The deal was said to be offered to a small group of investors by the bank consortium that also included Bank of America. Read ...

Banks have successfully made an upsized sale of some of X’s debt to the tune of $5.5 billion, as interest in politically influential owner Elon ...

Morgan Stanley kicked off another large sale of X Corp debt, seizing on investors’ sudden embrace of the social media ...

EBITDA, major advertisers like Apple mulling a comeback to the platform, and Amazon ramping ad spending led investors to buy ...

NEW YORK (Reuters) -Banks led by Morgan Stanley have sold $5.5 billion of some $13 billion of debt they lent to support Elon ...

MORGAN Stanley kicked off another large sale of X debt on Monday (Feb 10), seizing on investors’ sudden embrace of the social ...