[ad_1] By Scott Murdoch, Julie Zhu SYDNEY/HONG KONG (Reuters) – Citigroup Inc C.N and Credit Suisse Group AG CSGN.S have dropped out of the U.S. initial public offering of Chinese…
Tag: Company news
Man Group assets grow 4% on market recovery
[ad_1] (Reuters) – British hedge fund manager Man Group EMG.L on Friday reported a 4.4% rise in funds under management, as it saw a recovery in markets after a steep…
Moderna, Switzerland’s Lonza strike deal on potential COVID-19 vaccine
[ad_1] The logo of Swiss pharmaceutical group Lonza is seen at its headquarters in Basel, Switzerland March 2, 2020. REUTERS/Arnd Wiegmann (Reuters) – Moderna Inc and Swiss contract drugmaker Lonza…
Nexi’s private equity owners sell 8.8% stake at 14.2 euros/share
[ad_1] MILAN (Reuters) – Mercury UK, a vehicle of private equity firms that hold a controlling stake in Nexi NEXII.MI, has placed an 8.8% stake in the Italian payments group…
Swiss voters approve $6.5 billion purchase of fighter jets
[ad_1] ZURICH (Reuters) – Swiss voters backed the government’s plan to spend up to 6 billion Swiss francs ($6.46 billion) on new fighter jets in a surprisingly close referendum that…
Switzerland to hand Venezuela oil firm bank records to U.S.
[ad_1] ZURICH (Reuters) – In a widening corruption probe into Venezuela’s state oil company by U.S. authorities, Swiss regulators have agreed to provide U.S. prosecutors with records from at least…
DS Smith to buy Romanian packaging and paper business in $245 million deal
[ad_1] (Reuters) – Britain’s DS Smith Plc SMDS.L said on Wednesday it would acquire a Romania-based paper and packaging business for an enterprise value of about 208 million euros ($244.6…
Money laundering could affect financial stability, Danish central bank warns
[ad_1] By Teis Jensen, Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – A money laundering scandal at Danske Bank DANSKE.CO involving billions of euros of suspicious flows is serious enough to potentially affect…
Deutsche cuts back correspondent banking after Danske scandal
[ad_1] FILE PHOTO: The headquarters of Germany’s Deutsche Bank are seen early evening in Frankfurt, Germany January 31, 2017. REUTERS/Kai Pfaffenbach/File Photo FRANKFURT (Reuters) – Deutsche Bank has sharply scaled…