BMO Capital Markets, Rand Merchant Bank lead MEA M&A advisory in financial services for 2024
Capital Markets secured the top position by value, advising on deals worth a total of $8.7bn.
Capital Markets secured the top position by value, advising on deals worth a total of $8.7bn.
AstraZeneca’s Fasenra, an IL-5-targeting monoclonal antibody already approved for asthma, represents a promising contender for market share in COPD.
Emboldened by a friendlier incoming Trump administration and their success last year in weakening draft capital hikes, big U.S. banks plan to push to overhaul other U.S. capital rules, according to industry executives. Among the industry's goals are to lock in a much weaker version of the "Basel Endgame" capital rule, reduce a capital surcharge levied on global banks, re-work a key leverage constraint, and overhaul the Federal Reserve's annual "stress tests" which assess whether a bank could withstand an economic shock, said three executives with knowledge of the ambitious lobbying plan. Under President-elect Donald Trump's first term, global U.S. banks scored some de-regulatory wins, including loosening trading rules and simplifying the stress tests, but they did not win a hoped-for comprehensive review of big bank capital rules implemented following the 2007-2009 global financial crisis.
Investors will closely monitor stock markets on Tuesday, the day after Donald Trump is inaugurated for his second term in the White House, to see if U.S. equities can continue their recent trend of posting gains after a president is sworn in. Historically, the benchmark S&P 500 stock index has not performed well on average on inauguration day, or the day after if the inauguration falls on a market holiday. However, the last three inaugurations have all resulted in market gains.
President Trump will take office next week, and he’s not wasting time publicizing his plans for his non-consecutive second term. Prominent among those plans is DOGE, the Department of Government Efficiency, to be headed by Elon Musk and Vivek Ramaswamy. Their mandate: to cut as much as possible from the Federal Government’s expenditures. They’ve already talked about trimming $2 trillion worth of fat. While there’s no guarantee that Musk and Ramaswamy will find $2 trillion to cut, just that prosp
Money market account rates vary widely. So which banks are offering the best money market account rates today? Find out here.
(Bloomberg) -- Donald Trump’s team may have been batting around the idea of a gradual ratcheting up of import tariffs on much of the world, but bankers who finance the companies in his firing line are in a frenzy nonetheless.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyNYC Commuters Get New Way to Dodge Traffic: $95 Helicopter RidesScaramucci, Ackman Donate to Whitney Tilson’s NYC Mayoral RunWill Americans Ever Lose Their Taste for Telework?In a City of Spraw
HBX Group, the travel-tech firm behind Hotelbeds, aims to capitalise on the travel sector’s rebound and strengthen its market position.
Launch event held in Incheon for the Atto 3.
Netflix is set to report fourth-quarter results after the closing bell on Tuesday, with Wall Street analysts holding mostly bullish ratings on the streaming giant.