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Israel's Bank Leumi Is Said to Weigh Sale of U.S. Bank Arm

May 05 2021, 4:16 PM May 04 2021, 8:22 PM May 05 2021, 4:16 PM (Bloomberg) -- Bank Leumi Le-Israel BM, one of Israel’s largest lenders, is considering a sale of its U.S. bank arm, which could fetch about $1 billion, according to people familiar with the matter. (Bloomberg) -- Bank Leumi Le-Israel BM, one of Israel’s largest lenders, is considering a sale of its U.S. bank arm, which could fetch about $1 billion, according to people familiar with the matter. The Tel Aviv-based bank is w...
Michael Dell Banco Bilbao Vizcaya Argentaria Financial Services Group Inc Bank Leumi Bank Leumi United States Deposit Insurance Corp

Thailand Holds Rates, Warns on Growth Amid Its Worst Covid Wave

(Bloomberg) -- Thailand’s central bank kept its benchmark interest rate unchanged for an eighth straight meeting, warning its forecast for an economic recovery was threatened by the country’s biggest virus wave since the pandemic began. The Bank of Thailand held the policy rate Wednesday at 0.
Krung Thep Mahanakhon Prakash Sakpal Titanun Mallikamas Governor Titanun Mallikamas Finance Ministry பிரகாஷ் சாக்பால்

Commodity Rally Puts Focus on Key Correlations to Watch

May 04 2021, 10:17 AM May 04 2021, 7:29 AM May 04 2021, 10:17 AM (Bloomberg) -- The rally in commodity prices is bolstering the outlook for emerging-market currencies and boosting parts of credit and stocks even as it fuels concerns about higher inflation. (Bloomberg) -- The rally in commodity prices is bolstering the outlook for emerging-market currencies and boosting parts of credit and stocks even as it fuels concerns about higher inflation. The Bloomberg Commodity Spot Index has risen to th...
South Africa Hong Kong Gaurav Patankar Joshua Crabb Mary Nicola John Woods

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Scotiabank to Pay $400 Million to Boost Stake in Chile Operation

Scotiabank to Pay $400 Million to Boost Stake in Chile Operation May 03 2021, 9:37 PM May 03 2021, 7:13 PM May 03 2021, 9:37 PM (Bloomberg) -- Bank of Nova Scotia agreed to acquire an additional 7% stake in its Chile operations from the Said family for about C$500 million ($400 million), putting to work some of the excess capital it has built up during the Covid pandemic. (Bloomberg) -- Bank of Nova Scotia agreed to acquire an additional 7% stake in its Chile operations from the Said family for...
Bloomberg Quint Quintillion Media ப்ளூம்பெர்க் குவிண்ட்

Lufthansa CEO Pitches $6.6 Billion Capital Increase to Investors

May 04 2021, 5:53 PM May 04 2021, 1:56 PM May 04 2021, 5:53 PM (Bloomberg) -- Deutsche Lufthansa AG asked shareholders for permission to raise 5.5 billion euros ($6.6 billion) in fresh capital, calling it a necessary step to repair the balance sheet after the coronavirus pandemic punctured a decades-long boom in air travel. (Bloomberg) -- Deutsche Lufthansa AG asked shareholders for permission to raise 5.5 billion euros ($6.6 billion) in fresh capital, calling it a necessary step to repair the ...
Carsten Spohr Chief Executive Officer Carsten Spohr கார்ஸ்டன் ஸ்போரு தலைமை நிர்வாகி அதிகாரி கார்ஸ்டன் ஸ்போரு

E-Commerce Service Valued at $235 Million Targets U.S. IPO

E-Commerce Service Valued at $235 Million Targets U.S. IPO May 05 2021, 12:15 AM May 04 2021, 8:21 AM May 05 2021, 12:15 AM (Bloomberg) -- SCI Ecommerce, the online shopping service provider backed by two of Alibaba’s earliest employees, has raised more than S$50 million ($38 million) to expand in Southeast Asia ahead of a potential Nasdaq listing. (Bloomberg) -- SCI Ecommerce, the online shopping service provider backed by two of Alibaba’s earliest employees, has raised more than S$5...
New York United States Eddie Wu Asia Pacific James Sheng Oliver Rippel

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