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...The prime minister’s office said public officials have been engaging with various groups, including banks and finance institutions, for decades....
...While combating global warming is a priority at Banga’s World Bank, there have been other motivations at work in stimulating private capital....
...Unlike public markets, Pisces trading venues “will not facilitate new capital raising, and will . . . be limited to professional investors”, it added....
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...After all, you would hope the banks did their due diligence at the individual portfolio company level....
...A soon-to-be-published IMF survey of national debt management offices in emerging and developing economies shows that such knowledge asymmetries are not limited to commercial banks and domestic borrowers...
...for banks and brokerages....
...In public markets, valuations for the largest tech companies have already rebounded....
...The Private Intermittent Securities and Capital Exchange System (Pisces) would act as a crossover between public and private markets, allowing for some liquidity in the shares of private companies without...
...The FCA regulates loans of less than £25,000 made to sole traders or partnerships but it said that overseeing lending to limited companies was outside its remit....
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