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seekingalpha.com July 18, 2024

Lessons Learned: A Bay Street Veteran Shares Wisdom From 40 Years Of Investing

The financial world can be complicated and confusing for people new to investing. Satish Rai, former Chief Investment Officer at TD Asset Management and OMERS, has written a new book called Lessons Learned: Wisdom from 40 years of Investing that he hopes will simplify the investing process and help Canadians reach their financial goals. Kim Parlee - Investing can be complicated and confusing, especially when you consider the amount of information available through the internet and social media, not to mention the jargon used. Well, my next guest decided to do something about that. And here it is, right here.
Read by 58% of LPs

seekingalpha.com July 18, 2024

Could The Fed Cut Interest Rates Twice In 2024?

Recent data on US inflation shows that the disinflationary process - while imperfect - is picking up steam. I believe the Federal Reserve will cut before the end of the third quarter, and I see room for more than one rate cut in 2024. But this is just one of a long list of topics on investors’ minds this week. Last week more data was released indicating greater disinflationary progress in the US - which, in my view, means we could get a Federal Reserve (Fed) rate cut sooner.
Read by 67% of LPs

seekingalpha.com July 18, 2024

Goldman Sachs: Q2 Earnings Show Growth Is On The Horizon (nyse:gs)

Early this week, Goldman Sachs (NYSE:GS) reported Q2 2024 earnings. A surge in trading revenue, coupled with record base management fees, contributed to solid results. As I'm penning these words, the stock is on track to record its eighth consecutive day of gains. Investment banking was in the doldrums throughout 2023, presenting a headwind for the bank, but there is ample reason to believe that trend is coming to an end. Less than a week ago, JPMorgan (JPM) and Citigroup (C) also reported Q2 earnings.
Read by 46% of LPs

financemagnates.com July 17, 2024

Why Is Hong Kong Regulating Stablecoin Issuers Now?

Hong Kong's move to regulate stablecoin issuers signals a significant shift in its financial oversight landscape. By implementing a robust framework, the city aims to safeguard monetary and financial stability amid the rapid rise of virtual assets (VAs).The Financial Services and the Treasury Bureau (FSTB) and the Hong Kong Monetary Authority (HKMA) have released consultation conclusions for a new regulatory regime targeting fiat-referenced stablecoin (FRS) issuers.
Read by 70% of LPs

businesstoday.in July 17, 2024

Ola Electric May Be Valued Lower At $4.5B For Ipo: Report

Ola Electric IPO: In its last funding round in September, which was led by Singapore investment firm Temasek, Ola Electric was valued at $5.4 billion.
Read by 51% of LPs

scmp.com July 16, 2024

Hsbc’s New Infrastructure Finance Unit To Be Led By Ex-uk Politician Danny Alexander | South China Morning Post

HSBC Infrastructure Finance will tap infrastructure financing and advisory opportunities associated with the transition to a low carbon economy. : HSBC has hired Danny Alexander to lead its new infrastructure unit to tap opportunities associated with the global shift to a low carbon economy. The former UK minister will join HSBC Infrastructure Finance (HIF) as chief executive in November. The unit will take part in infrastructure and project finance deals, according to a post on Alexander’s LinkedIn page on Tuesday.
Read by 65% of LPs

channelnewsasia.com July 16, 2024

Hsbc Launches New Climate-focused Infrastructure Finance Unit - Cna

LONDON: Britain's HSBC has set up a new unit to tap deals in infrastructure finance and project finance linked to the world's shift to a lower-carbon economy, and hired a former UK politician to lead it, a senior banking executive told Reuters. HSBC Infrastructure Finance (HIF) will target "a meaningful share" of both in key markets, and incorporate parts of the bank's Global Banking Real Asset Finance team, which includes infrastructure finance, export finance and portfolio management, a memo sent to staff by Greg Guyett, HSBC's CEO of Global Banking & Markets, showed.
Read by 71% of LPs

businesstimes.com.sg July 16, 2024

Bankers Chase More M&a In Malaysia As Deal Volume Nearly Doubles

IN A tough year for dealmaking in the Asia-Pacific, Malaysia is proving to be a bright spot. : The volume of mergers and acquisitions (M&A) has surged 87 per cent from a year ago to US$8.3 billion, while Asia-Pacific as a whole is down 15 per cent, data compiled by Bloomberg showed. Top of the pile is a RM12 billion (S$3.4 billion) buyout of Malaysia Airports Holdings involving Global Infrastructure Partners (GIP) and Abu Dhabi Investment Authority, though the deal has faced opposition in Muslim-majority Malaysia due to BlackRock’s ties to Israel. BlackRock agreed to buy GIP in January.
Read by 52% of LPs

bangkokpost.com July 16, 2024

Bankers Chase More M&a In Malaysia As Deal Volume Nearly Doubles

In a tough year for dealmaking in the Asia-Pacific, Malaysia is proving to be a bright spot. : The volume of mergers and acquisitions has surged 87% from a year ago to US$8.3 billion, while the Asia-Pacific as a whole is down 15%, data compiled by Bloomberg show. Top of the pile is a 12 billion ringgit ($2.6 billion) buyout of Malaysia Airports Holdings Bhd involving Global Infrastructure Partners (GIP) and Abu Dhabi Investment Authority, though the deal has faced opposition in Muslim-majority Malaysia due to BlackRock Inc’s ties to Israel. BlackRock agreed to buy GIP in January.
Read by 71% of LPs

straitstimes.com July 16, 2024

Bankers Chase More M&a In Malaysia As Deal Volume Nearly Doubles | The Straits Times

Malaysia is attracting global investors including tech firms. : KUALA LUMPUR - In a tough year for deal-making in the Asia-Pacific, Malaysia is proving to be a bright spot. The volume of mergers and acquisitions (M&A) has surged 87 per cent from a year ago to US$8.3 billion (S$11.2 billion), while Asia-Pacific as a whole is down 15 per cent, data compiled by Bloomberg show.
Read by 69% of LPs