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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Finance

    Posted By Global Banking and Finance Review

    Posted on December 12, 2024

    Featured image for article about Finance

    (Reuters) - The London Stock Exchange Group on Thursday said it had completed the divestment of its 4.92% stake in Belgium-based financial services provider Euroclear for 455 million euros($478.89 million).

    It sold the stake to TCorp, the financial services partner to the New South Wales government, LSEG said in a statement.

    LSEG had bought the stake for about 241.9 million pounds ($308.93 million) in 2019.

    Thomson Reuters, the parent company of Reuters, holds a minority stake in LSEG, which is Reuters’ largest news service client.

    ($1 = 0.9501 euros)

    ($1 = 0.7830 pounds)

    (Reporting by Chandini Monnappa in Bengaluru; Editing by Janane Venkatraman)

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