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...Munich Re chair Nikolaus von Bomhard and his BASF counterpart Kurt Bock were both previously the most senior operational executives at their respective groups....
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...The investor group will purchase NYCB’s common stock at a price of $2 per share and convertible preferred stock at the same conversion price, according to a press release....
...The group estimated the rule would cost airlines $33bn over 10 years....
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...Job moves Centerview has hired former Credit Suisse co-head of Emea financial institutions group Israel Fernández as a partner, Financial News reports....
...ETFs accounted for 51 per cent of underlying assets at the end of last year, up from 46.7 per cent in early 2022, according to data from Broadridge Financial Solutions, a financial technology company, which...
...The agricultural products group Archer Daniels Midland, which put its chief financial officer on leave in January while it investigated accounting practices at its food ingredients business, said on Friday...
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...Luxury gym chain Equinox has raised $1.8bn from a group of private capital investors to refinance $1.2bn in debt maturing on Friday, winning it financial breathing room after the pandemic pummelled its business...
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A detailed taxonomy of management company rationales for this weird Wall Street anomaly
...The US Securities and Exchange Commission is seeking $2bn in penalties from Ripple Labs after a US federal court found the cryptocurrency group had violated securities laws by improperly selling some tokens...
...The continued popularity of income-generating ETFs, active fixed income ETFs amid interest-rate uncertainty and financial adviser interest in core strategies from firms such as Capital Group and JPMorgan...
...“That’s why you saw them do this preferred equity raise in May — they needed some source of liquidity to continue operations.”...
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...In 2022, the Financial Times reported that Joshua Ma, who had been leading TikTok’s European ecommerce team, told staff at a dinner that he “didn’t believe” in maternity leave....
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