SAO PAULO, April 8 (Reuters) – Brazilian digital bank Modalmais has set the price range for its initial public offering, expected to reach around 1.5 billion reais ($270 million).The amount considers the pricing in the middle of the range, that was set between 24.30 and 32.82 reais for each unit. Modal plans to sell 51…
Brazilian digital bank Modalmais has set the price range for its initial public offering, expected to reach around 1.5 billion reais ($270 million).The amount considers the pricing in the middle of the range, that was set between 24.30 and 32.82 reais for each unit. Modal plans to sell 51…
No results matched your search Economy5 hours ago (Apr 07, 2021 06:45PM ET) © Reuters. FILE PHOTO: International Monetary Fund logo is seen inside the headquarters at the end of the IMF/World Bank annual meetings By Andrea Shalal WASHINGTON (Reuters) – The World Bank and the International Monetary Fund are planning to launch a platform…
PARIS, April 7 (Reuters) – A verdict in a French criminal court case over allegations that investment bank Natixis made a misleading statement in 2007 about its financial strength in relation to sub-prime exposure is set to be announced in June, judges said on Wednesday.Natixis was one of the French banks hardest hit by the…
BOSTON (Reuters) – For decades New York’s bankers and fund managers have accepted the city’s high tax rates as a part of working in the world’s premier financial capital.FILE PHOTO: A woman walks past JPMorgan Chase & Co’s international headquarters on Park Avenue in New York July 13, 2012. REUTERS/Andrew Burton (UNITED STATES – Tags:…
No results matched your search Economy2 hours ago (Apr 06, 2021 03:30PM ET) © Reuters. FILE PHOTO: People shop on 5th Avenue in New York WASHINGTON (Reuters) – Community bankers think of themselves as having a keen sense of the economic pulse in the cities, towns and rural areas where they do business, and if…
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BUDAPEST, April 6 (Reuters) – The National Bank of Hungary said on Tuesday it had raised the scope of its latest cheap loans programme to 3 trillion forints ($9.86 billion) from 2.5 trillion to help post-pandemic recovery.The bank said it has already booked more than 2 trillion forints worth of applications for the loans, which…
FILE PHOTO: Spanish Economy Minister Nadia Calvino, left, and International Monetary Fund Chief Economist Gita Gopinath take questions at the annual meetings of the IMF and World Bank in Washington, U.S., October 18, 2019. REUTERS/James Lawler Duggan/File PhotoWASHINGTON (Reuters) – The growth of U.S. debt due to massive coronavirus aid spending is not a major…
WASHINGTON, April 5 (Reuters) – The World Bank estimates that Africa would need about $12 billion for COVID-19 vaccines and their distribution to attain sufficient levels of vaccination coverage to interrupt virus transmission, according to new paper by the bank and the IMF.The paper argued for a further extension of the Group of 20’s debt…
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