Archive for  September 2019
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J.P Morgan Chase & Co is investing $25 million to support fintech start-ups that help low-income Americans be more financially healthy, bank executives said on Tuesday. JPMorgan's head of global philanthropy Karen Keogh said the
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Investment bank PJT Partners and stock exchange operator Nasdaq Inc said on Tuesday they had agreed on a partnership to provide data and technology to the opaque market of selling interests in private equity funds.
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British bank HSBC has converted a financial crime-spotting algorithm it was forced to build in the wake of a money-laundering scandal into one that can scope out new business opportunities, bank executives said. The system
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Hyundai Motor Group will invest $1.6 billion in a joint venture to develop self-driving vehicle technologies with Aptiv, the biggest overseas investment by the South Korean carmaker to catch up to rivals in the autonomous
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Air France-KLM boss Ben Smith on Friday defended his decision not to fly to the aid of two collapsed French airlines, and said market consolidation would eventually benefit the country's aviation industry and jobs. Air
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German insurer Allianz, Nippon Life and MS&AD Insurance are vying with rivals to buy the Singapore and Vietnam businesses of Britain's Aviva in a deal likely to be worth up to $2.5 billion, sources said.
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The Egyptian pound strengthened against the dollar on Sunday, the first trading day after the central bank lowered its main interest rates by a full percentage point. The currency strengthened to 16.22 to the dollar,
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China, having let the yuan cross the once sacred red line of 7 per dollar, will allow its currency to fall further and may even risk US anger by using it as a bargaining chip
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French equities are attractive albeit slightly expensive compared to the rest of Europe, wrote UBS, adding that its top French stocks were hotels group Accor , supermarket company Carrefour and property group Gecina. "French equities
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Three major Russian companies have tapped the Eurobond market this month and more are expected to join them, capitalising on lower borrowing costs as global central banks cut rates. After the summer lull, Russian companies
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