Wall Street battles upstarts in hunt for Silicon Valley rich
Fourteen San Francisco-area companies that began trading publicly last year have raised more than $15 billion, led by Uber Inc.’s $8.1 billion and Lyft Inc.’s $2.3 billion. Expand that to include the 16 other Bay Area firms that have gone public and the amount jumps to more than $20 billion.
Shapoorji Pallonji Group raises $200 mn against Tata Sons shares
This short-term finance is part of a larger round of balance sheet restructu...
Sebi curbs on derivatives send FPIs overseas; SGX trades jump 150%
Brokers said there is little incentive for foreign funds to do their F&O t...
Q3 could see 4.5-5% GDP growth, Q4 may be better: Kaushik Das, Deutsche Bank
India is growing 200 bps below potential growth rate of 6.5-7%.
Concerns govt would take more reserves from central bank were unwarranted
Transfer may be used to keep a buffer to maintain the fiscal deficit target.
Shriram Transport raises $500 million via offshore bonds
The company is said to have received subscription demand for nearly $2 billion from long-term asset managers in the current round of debt sale.
RBI signals rate cuts as it boosts liquidity
Das has previously pledged to do “whatever it takes” to support the economy.
Deutsche Bank tells fixed income traders they'll keep jobs
The bank’s move to “resize” debt trading ops won’t lead to dismissals, fixed-income head Ram Nayak said.
Deutsche Bank pink slips hit Bengaluru operations too
An unknown number of employees from the MNC's Bengaluru operations have received pink slips.
RBI to step up liquidity measures
The RBI is likely to raise its liquidity game to calm market anxiety.
Risk appetite for high-yield Indian bonds likely to sustain till Q1: Amrish Baliga
The DB house view is that the repo rate in India will be cut by 65 bps to 4.5% over the course of 2020.
Deutsche Bank slashes 18,000 jobs in $8.3 billion overhaul
The scale of the revamp underscores the failure of the CEO and his recent predecessors to solve the fundamental problem: costs were too high and revenue too low.
Greenko raises $350 million via overseas bonds
The pricing was a quarter-point lower than the initial guidance. These bonds are known as 144A, allowing US-based investors to buy them.
Deutsche Bank plans to close most Asia-Pacific equity businesses
The Frankfurt-based lender expects to stop offering trading of cash equities, equities research and may no longer underwrite initial public offerings in the region.
Deutsche Bank ends merger talks with Commerzbank
For Commerzbank, still 15%-owned by the federal government, a foreign takeover may be in the cards down the road.
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