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UniCredit talked to top German officials before Commerzbank stake buy

UniCredit executives had conversations with top German government officials, including from the chancellery and the finance ministry, in the months before buying...

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India’s Adani Green calls off planned dollar bond sale: sources

INDIA’S Adani Green Energy cancelled its plan to raise funds via US dollar-denominated bonds after investors placed bids at higher yields than...

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Trump’s crypto platform falters on first day of sales

FORMER US president Donald Trump’s cryptocurrency platform had a faltering sales launch Tuesday, with only a fraction of its digital tokens that...

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South-east Asia’s central banks face dueling rate calls

THREE of Southeast Asia’s biggest economies will unveil monetary policy decisions from 3 pm Singapore time today, influenced by everything from politics,...

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Exceptional circumstances behind government’s no-go stance on Allianz’s bid for Income: observers

WHILE the deal between Allianz and Income Insurance seems faultless from a monetary perspective, market observers have said that the government is...

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Failed Income acquisition: Allianz shareholders may baulk at taking on social mission: Lawyer

WHILE the deal between Allianz and Income Insurance seems faultless from a monetary perspective, market observers have said that the government is...

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StanChart welcomes ‘clarity’ from UK court ruling over replacement rate for Libor

Standard Chartered won its bid in a London court on Tuesday (Oct 15) to replace the financial benchmark it used to set...

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Goldman Sachs profit jumps 45% as dealmaking activity rebounds

GOLDMAN Sachs’ profit has jumped 45 per cent in the third quarter, as the investment bank benefited from a rebound in dealmaking.

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Bank of America profit beats expectation on investment banking, trading strength

BANK of America’s third-quarter profit dropped as it paid more to customers to hold onto their deposits, although its results beat estimates,...

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Eurozone banks see rebound in loan demand as rates fall: ECB survey

DEMAND for bank loans across the 20-nation eurozone rose in the third quarter and a further increase is expected in the final...

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