To embed, copy and paste the code into your website or blog:
Reuters is reporting exclusively that the SEC is contemplating issuing more guidance that would “rein in growth projections” made by listed SPACs and clarify when the PSLRA would be available to protect SPAC projections, “according to three people with knowledge of the discussions.” According to
Reuters, the SEC guidance “would escalate its crackdown on the deal frenzy” in SPACs and could exacerbate the slowdown that has already occurred in reaction to the SEC’s previous guidance on SPAC warrants. For 2021 so far,
Reuters, citing data from Dealogic, reported the value of de-SPAC transactions at a record $263 billion; however, SPACs raised only $2.5 billion during the first 20 days of April compared to $17 billion raised during the first 20 days of January.
Deutsche Bank : outshines Wall St rivals with best quarter since 2014
marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
Blank Checks Are Rarely Good Are SPACs The Exception?
forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
Legal Disclaimer
You are responsible for reading, understanding and agreeing to the National Law Review s (NLR’s) and the National Law Forum LLC s Terms of Use and Privacy Policy before using the National Law Review website. The National Law Review is a free to use, no-log in database of legal and business articles. The content and links on www.NatLawReview.com are intended for general information purposes only. Any legal analysis, legislative updates or other content and links should not be construed as legal or professional advice or a substitute for such advice. No attorney-client or confidential relationship is formed by the transmission of information between you and the National Law Review website or any of the law firms, attorneys or other professionals or organizations who include content on the National Law Review website. If you require legal or professional advice, kindly contact an attorney or other suitable professional advisor.
Message :
Required fields
FRANKFURT (Reuters) - Deutsche Bank posted a better-than-expected net profit for the first quarter, its strongest in seven years, driven by its investment banking activities that outperformed major U.S. rivals.
Not long ago, Deutsche s sprawling investment bank was viewed as its problem child following dwindling revenue and scandals involving the sale of mortgage securities and the laundering of money from Russia. Deutsche managers said they would focus more on old-fashioned retail and corporate banking.
But now, revenue of the fixed-income trading business and origination and advisory services have surged, trends that have also lifted profits of competing banks, and helped offset lacklustre performance at Deutsche s other divisions.