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09 Jun Bulgarian state to take stake in First Investment Bank

Posted at 15:53h in News by KMFSLLP 0 Comments

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Bulgaria has acquired rights to subscribe to new shares the Balkan country's fifth largest lender, First Investment Bank, is issuing to help it cover a capital shortfall found by ECB stress tests last year, the economy minister said on Wednesday.

09 Jun Lebanese government appoints central bank vice governors – local media

Posted at 15:52h in News by KMFSLLP 0 Comments

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Lebanon's government appointed four central bank vice governors on Wednesday, local broadcasters said, after the posts were left vacant for over a year as the country slid into financial crisis.

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09 Jun UPDATE 2-Britain asks too much of EU in Brexit talks, Barnier says

Posted at 15:42h in News by KMFSLLP 0 Comments

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Britain is seeking a trading relationship with the European Union that is too close to that of an EU member, the EU's Brexit negotiator Michel Barnier said on Wednesday, urging London to adjust its demands in the four months left to reach a deal.

09 Jun Mnuchin says will consider more direct payments in next U.S. coronavirus aid bill

Posted at 15:40h in News by KMFSLLP 0 Comments

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U.S. Treasury Secretary Steven Mnuchin said on Wednesday that he "definitely" believes another coronavirus aid bill is needed to assist U.S. recovery and will look seriously at including more direct payments to individuals and other measures to put people back to work.

09 Jun African Development Bank VP resigns, says unrelated to whistleblower probe

Posted at 15:32h in News by KMFSLLP 0 Comments

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The African Development Bank's vice president for agriculture, human and social development, Jennifer Blanke, will step down from her post next month, the bank said on Wednesday.

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09 Jun Cboe Futures Exchange plans launch of mini VIX futures

Posted at 15:25h in News by KMFSLLP 0 Comments

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The Cboe Futures Exchange submitted a regulatory filing on Tuesday to launch mini futures on the Cboe Volatility Index as it looks to expand its array of products that allow investors to guard against equity market gyrations.

09 Jun Euro break-up bet sours again on Swiss franc speculators

Posted at 15:04h in News by KMFSLLP 0 Comments

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Bets that pushed the Swiss franc to a five-year high as the coronavirus crisis revived euro break-up fears have gone spectacularly sour, the latest in a line of franc moves to leave traders with bloody noses.

09 Jun UPDATE 1-Mall operator Simon Property abandons $3.6 bln acquisition of Taubman

Posted at 15:02h in News by KMFSLLP 0 Comments

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Simon Property Group Inc, the biggest U.S. mall operator, said on Wednesday it was ending its $3.6 billion deal to buy Taubman Centers Inc, citing the beating the retail sector has taken during the COVID-19 pandemic.

09 Jun Goldman Sachs/UK banking: attracting a crowd

Posted at 14:55h in News by KMFSLLP 0 Comments

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The US investment bank sees a profit opportunity and can expect support from regulators for its efforts

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09 Jun Goldman Sachs forms fund to address racial injustice

Posted at 14:33h in News by KMFSLLP 0 Comments

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Goldman Sachs Group Inc said on Wednesday it had launched a $10 million fund to support the work of organizations addressing racial injustice, structural inequity and economic disparity.

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News

09 Jun Bulgarian state to take stake in First Investment Bank

09 Jun Lebanese government appoints central bank vice governors – local media

09 Jun UPDATE 2-Britain asks too much of EU in Brexit talks, Barnier says

09 Jun Mnuchin says will consider more direct payments in next U.S. coronavirus aid bill

09 Jun African Development Bank VP resigns, says unrelated to whistleblower probe

09 Jun Cboe Futures Exchange plans launch of mini VIX futures

09 Jun Euro break-up bet sours again on Swiss franc speculators

09 Jun UPDATE 1-Mall operator Simon Property abandons $3.6 bln acquisition of Taubman

09 Jun Goldman Sachs/UK banking: attracting a crowd

09 Jun Goldman Sachs forms fund to address racial injustice

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