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Aramco IPO banks face pared payday of $90 million or less: sources DUBAI/LONDON (Reuters) - The army of banks working on Saudi Aramco's listing will earn combined fees of $90 million or less, according to three sources involved in the process, after the oil giant scaled back a deal initially viewed as a golden opportunity ...
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Saudi Arabia Doubles the Amount Banks Can Lend for Aramco IPO Saudi Arabia's central bank doubled leverage limits for retail investors looking to buy shares in oil giant Saudi Aramco, according to people familiar with the matter, part of an effort to boost local demand for what could be the world's largest initial public offering ...
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Australia's Westpac slapped with 23 million money laundering breaches SYDNEY (Reuters) - Regulators on Wednesday accused Australia's Westpac Banking Corp (WBC.AX) of 23 million breaches of anti-money laundering laws, saying the bank ignored red flags and enabled payments from convicted child sex offenders and ...
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Big Tech: Arise And Defend Online Bias And Controversial Speech From Aspiring Regulators Google again is the subject of a presumably revelatory story about its tweaking search results. That gets a yawn from me. Each tech platform, and those yet to come, must police themselves vigorously. First Amendment text and gavel. First Amendment and US ...
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Sweden's SEB says it was already aware of client names provided by TV show STOCKHOLM (Reuters) - Sweden's SEB (SEBa.ST) has received a list of 194 of its corporate clients from public broadcaster SVT, a day before it airs a program investigating money laundering in the Baltics that is expected to include information about the ...
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Oil Slides on Fears of Excess Supply Fresh worries about excess oil supply are dragging down crude prices once again, reinforcing a trend that continues to weigh on the energy sector. U.S. crude futures slid 1.9% Tuesday to $55.96 a barrel on the New York Mercantile Exchange, while Brent ...
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California won't buy cars from GM, Chrysler or Toyota because they sided with Trump over emissions New York (CNN Business) The state of California is taking aim at GM (GM), Chrysler, Toyota, Nissan and other automakers that are aligning with the Trump administration in its battle over emissions rules. California issued a statement late Monday saying that ...
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BlueVine raises $102.5M more for banking services that target small businesses When it comes to fintech plays, small and medium businesses are not often the target audience: they're too small and fragmented compared to big-spending corporates; and they're too demanding compared to mass-market consumer users. But as a sector, ...
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China Market Update: China & Hong Kong Climb The Wall of Worry Asian equity markets were mixed with Hong Kong, Mainland China, Taiwan, Australia, India, Malaysia and Indonesia up while Japan, Korea, Singapore and Thailand were off. It was a fairly quiet night US China trade talk news was light. The US did provide ...
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Police can keep Ring camera video forever, and share with whomever they'd like, company tells senator Police officers who download videos from homeowners' Ring doorbell cameras can keep them forever and share them with whomever they'd like without providing evidence of a crime, the Amazon-owned firm told a lawmaker earlier this month. More than 600 ...
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