The offering has drawn significant attention from investors not only in the Asia Pacific region but also globally. Fiona Ip, Deutsche Bank’s APAC treasurer, commented: Importantly, this issuance also represents the attractiveness of the Singapore dollar bond market, following strong recent deal flow and investor interest. Deutsche Bank returns to the SGD market for the…
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According to Yahoo Finance, Donald Trump’s share in the company could reach more than $4bn. Trump Media & Technology merged with a blank check company, Digital World Acquisition Corp., (DWAC), before going public. Based on S&P Capital IQ information, this special purpose acquisition company (SPAC) has been trading since 2021 and lost approximately $41m in…
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In its March quarterly meeting notes, the Committee acknowledged the vital role of private equity in facilitating finance to the UK's real economy. However, it pointed out the challenges in evaluating asset values and leverage within this sector, which complicates the assessment of potential risks to financial stability, investment, and employment. It was also noted…
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This user engagement has created around a million financial plans, doubling those previously established in direct consultations with financial advisors. Kristin Lemkau, CEO of JPMorgan Wealth Management, emphasised the importance of planning in achieving personal financial goals, stating, "Planning helps people think about what they truly want in life. It's not just about wanting to…
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According to information from Reuters, the company foresees core profit growth (EBITDA) of roughly €207m (3.5%) and revenue increases of about €316m (3.8%). The organisation indicated that these increases include its traditional activities and diversified enterprises. Reuters cited Rai Way’s CEO, Roberto Cecatto, who said: We are striving for a Rai Way that … is…
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The spinoff from the main ULVR stock will cover the division, based in the Netherlands, that controls worldwide brands such as Ben & Jerry’s, Wall’s, and Magnum. They’ve recently hired major banks like JP Morgan and Morgan Stanley to gauge the level of interest in the market for this brand as they get set for…
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This solution, known as the connector, reportedly enables the seamless incorporation of the use of CBDCs into business practices. Thirty-eight institutions participated in the experiment, including central commercial banks and markets. These included global leaders such as Deutsche Bank, Société Générale, ANZ and Citibank. The outcomes showed the innovation simplifies and expedites trade flows, promotes…
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The Best-In-Class status for excellence was awarded to FP Markets in multiple prestigious categories at the Forexbrokers.com 2024 Awards on 23 January, marking an impressive series of consecutive accolades: Commissions and Fees (4th consecutive year) MetaTrader (4th consecutive year) Algo Trading (3rd consecutive year) The Best-In-Class awards highlight and further cement FP Markets' position as…
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The most important economic data for this week are: Thursday: US quarterly GDP growth rate on Thursday at 12:30pm GMT. Market participants are expecting the figure to come out at 3.2%, down from 4.9% in the previous quarter. This data might have already been priced in as it’s for the previous quarter, though any significant…
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Pending judicial approval, this agreement aims to settle allegations from legal action initiated in 2005. For years, retailers have voiced grievances against Visa and Mastercard, alleging that the credit card giants imposed excessive charges on interchange fees, also known as swipe fees, whenever consumers made purchases using credit or debit cards. Furthermore, the retailers contended…
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