Sterling ticks higher ahead of BoE as dollar slips
A bank employee counts pound notes at Kasikornbank in Bangkok, Thailand, October 12, 2010. REUTERS/Sukree Sukplang/File Photo Acquire Licensing RightsLONDON,...
archiveFINS08
SoftBank’s Arm soars nearly 25% in market debut to $65 billion valuation
Sept 14 (Reuters) - Shares in SoftBank's Arm Holdings (ARM.O) soared almost 25% above their Nasdaq debut price on Thursday, rekindling investor hopes for a turnaround in the moribund market for initial public offerings (IPO).The stock, which had opened at $56.10, notched a 24.68% gain to close at $63.59, giving the British chip designer a valuation of $65 billion in its return to public markets following a seven-year absence. The IPO had priced at $51.Arm's strong performance suggests that investor demand for initial public offerings, which had been hit hard...
EU states consider easing post-Brexit derivatives clearing plan
Puzzle with printed EU and UK flags is seen in this illustration taken November 13, 2019. REUTERS/Dado Ruvic/Illustration/File Photo Acquire...
U.S. Treasury official says Iraq must act to avoid further action on banks
U.S. Treasury sees 'continued risk' at Iraqi banksU.S. blacklisted 14 banks in July for illicit dollar useEnhanced U.S. scrutiny targets...
China’s central bank set to boost liquidity but keep policy rate steady
The headquarters of the People's Bank of China, the central bank, is pictured in Beijing, China, February 3, 2020. REUTERS/Jason...
ECB weighs lifting rates to record high even as economy slows
A shopper pays with a ten Euro bank note at a local market in Nice, France, June 7, 2022. REUTERS/Eric...
China asks big banks to stagger and adjust dollar purchases – sources
U.S. Dollar and Chinese Yuan banknotes are seen in this illustration taken January 30, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing...
Twenty years after euro “No” vote, Swedes fret over weak crown
Swedish crown has lost 17.5% against euro in 18 monthsInflation impact could mean higher interest rates for longerWeakness a mystery...
Citigroup CEO sets sweeping management changes, job cuts
Jane Fraser CEO, Citi, speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, U.S., May 1, 2023....
EU capital markets union needed to improve efficiency, German finance minister says
European flags fly outside the European Commission headquarters in Brussels, Belgium March 13, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsBERLIN,...
