The highly anticipated trading debut of private equity group CVC Capital Partners shows that Europe’s initial public offering market is back on track, Euronext CEO Stéphane Boujnah told CNBC on Friday. Shares of Amsterdam-listed CVC, one of Europe’s largest buyout companies, traded…
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MOSCOW, April 26 (Reuters) – Russia’s central bank on Friday said it would raise risk premiums on unsecured consumer loans from July 1 in an effort to reduce citizens’ debt burdens and increase stability in the banking sector should consumer…
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CVC Capital Partners Plc shares soared after the company and its investors raised €2 billion ($2.15 billion) in an initial public offering, bringing the long-delayed listing process for one of Europe’s marquee private equity firms to a resolution. At the open…
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PARIS, April 25 (Reuters) – The European Union should set a target to raise 600 billion euros ($644 billion) in investments annually by the end of the decade by integrating its fragmented capital markets, French Finance Minister Bruno Le Maire…
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MOSCOW, April 26 (Reuters) – Russia’s dominant lender Sberbank (SBER.MM), opens new tab on Friday reported an 11.3% increase in first-quarter net profit to 397.4 billion roubles ($4.32 billion) and sharply raised its retail loan growth forecast for the year. Sberbank made…
Read moreDeutsche Bank shares popped to a more than six-year high on Thursday afternoon, after the German lender reported a 10% rise in first-quarter profit, beating expectations amid an ongoing recovery in its investment banking unit. After declining in the morning, shares…
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The bank said first-quarter profit rose 6% to $13.42 billion, or $4.44 per share, from a year earlier, boosted by its takeover of First Republic during the regional banking crisis last year. Per-share earnings would’ve been 19 cents higher excluding…
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The New York Attorney General’s office on Friday asked a judge to effectively void a $175 million bond posted by former President Donald Trump to secure a much larger monetary damage award in his civil business fraud case as he appeals the judgment. The AG’s office…
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ZURICH, April 25 (Reuters) – The Swiss National Bank (SNBN.S), opens new tab posted on Thursday a record quarterly profit of 58.8 billion Swiss francs ($64.34 billion) for the first quarter, driven by the weakening franc and booming equity markets. The result…
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April 23 (Reuters) – Walmart’s (WMT.N), opens new tab majority-owned fintech startup One has started offering buy now, pay later (BNPL) loans for big-ticket items like electronics and power tools at some of the retailer’s U.S. stores, a source said on Tuesday.…
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