Aishwarya Rai Bachchan is back with her purple lips

first_imgCannes, May 22 (PTI) Aishwarya Rai Bachchan decided to give a befitting reply to the criticism she received for her purple lips at the Cannes Film Festival last year as she flaunted the colour again this time.The 43-year-old star, who is attending the French Riviera as the face of LOreal, chose a bright purple lip shade for her latest appearance.Make-up artist Charlotte Willer shared a series of pictures on Instagram of Aishwarya with a stunning turquoise eye-liner and the purple lips.Last year, the beauty queen gave fashion fraternity a shock when she decided to sport purple lips for her final red carpet appearance.The choice received mixed reviews and Aishwarya ended up becoming a meme favourite on social media. PTI SHD SHDlast_img read more

Berenberg Buys USD 300 Mn of RBS Shipping Loans

first_imgzoom Hamburg-based Berenberg Bank has purchased a portfolio of European shipping loans worth around USD 300 million from The Royal Bank of Scotland (RBS), according to the law firm Watson Farley & Williams.Berenberg transferred the portfolio on to Luxembourg fund Berenberg Alternative Assets Fund, which it set up and to which it acts as sole advisor.Fully compliant with all regulatory requirements for institutional investors, the fund primarily focusses on performing loans, Watson Farley & Williams informed.The 73-percent state-owned Royal Bank of Scotland, which is currently in the midst of a restructuring, launched the sale of a total of USD 600 million worth of shipping loans in an effort to exit the sector as it is looking to return to profit after eight straight years of losses.In January 2017, the Japanese financial services group Orix Corporation bought some USD 289 million worth of shipping loans from RBS, primarily consisting of investment grade loans derived from the bank’s Greek shipping business.Earlier reports suggested that other financial institutions, including Bank of America Merrill Lynch, as well as investment management firm Davidson Kempner Capital Management, were interested in buying RBS’ shipping loan tranches.last_img read more