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InterviewsA Forward-Looking Strategy for Sustainable Momentum; Focusing on Core Businesses and Streamlining the Organization
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First Quarter ‘dash for Cash’ Largest Since Early 2020 -BofA
Date: March 31, 2023
LONDON (Reuters) – Investors moved $508 billion into cash in the first three months of this year, the largest quarterly inflow since market turmoil early in the COVID-19 pandemic, according to BofA Global Research, as the failure of several banks sent markets spinning. Flows into cash of $60.1 billion in the week to Wednesday were...
About Inclusive FinTech Forum
Date: March 30, 2023
The Inclusive FinTech Forum is the global platform on Financial Inclusion and FinTech for good with a focus on emerging markets. This year’s inaugural event will be held in Kigali, Rwanda, from 20 to 22 June and will gather 2,000 attendees from a global community of policymakers, entrepreneurs, investors, corporates, and foundations. The platform aims...
Crown Agents Bank Owner Explores Sale of British Payments Group –sources
Date: March 15, 2023
By Pablo Mayo Cerqueiro and Amy-Jo Crowley LONDON (Reuters) – Helios Investment Partners has been working with advisers to sell a stake in Crown Agents Bank, a British provider of cross-border payments, sources familiar with the matter told Reuters. The private equity investor has engaged Barclays Plc and JPMorgan & Co to explore strategic options,...
Will Asset Diversification Make a Comeback in 2023?
Date: February 23, 2023
There are substantial fears in the investment markets that volatility could return in 2023 Inflation, disrupted supply chains, and a potential recession all inform these fears Diversification holds the key to making gains and protecting investment as experts encourage international diversification. A Gallup survey shows that a record high 48% of Americans believe that the...
Nissan, Renault to Invest $600 Million to Make 6 New Models in India
Date: February 13, 2023
TOKYO (Reuters) -Nissan Motor Co and Renault SA said on Monday they would invest $600 million to make six new models in India, one of three markets in which the two automakers plan to coordinate closely in a revamped alliance announced last week. The move will help address falling market shares for the Japanese and...
First Abu Dhabi Bank Could Renew $35 Billion Offer for StanChart -Bloomberg News
Date: February 9, 2023
By Lawrence White LONDON (Reuters) – First Abu Dhabi Bank (FAB), the United Arab Emirates’ biggest lender, could renew a potential offer for Britain’s Standard Chartered, once lock-up rules from its previous aborted bid expire, Bloomberg News reported on Thursday. StanChart shares rose as much as 9% on the news report. A StanChart spokesperson declined...