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NEW YORK: Morgan Stanley said on Thursday it would buy discount brokerage E*Trade Financial Corp in a stock deal worth about $13 billion, the biggest acquisition by a Wall Street bank since the 2008-2009 financial crisis.
PETALING JAYA: E. Elavarasan is known as the coach with the Midas touch – and Premier League side Sarawak United are banking on that reputation to help them win promotion to the Super League this season.
MUMBAI: India’s shadow banking crisis and revitalized bankruptcy process are creating new opportunities for Deutsche Bank AG as it steps up lending to cash-strapped tycoons and for purchases of distressed assets.
MANILA: The Philippines, home to among the world’s largest malls, will hold a month-long shopping sale next month, a move that could reinvigorate the retail sector hurt by the virus scare.
PETALING JAYA: Top Glove Corp Bhd’s unit TG Excellence Bhd is set to raise RM1.3bil from the perpetual sukuk issuance, having successfully priced its maiden transaction.
Advertising agencies have asked the Nepal Rastra Bank to provide them international cards worth up to US$5,000 (RM20,913) to pay for advertisements on social media through the formal banking channel.
HANOI (Bloomberg): The State Bank of Vietnam will order commercial banks to eliminate, cut or delay interest payments on loans to companies struggling with plunging revenue because of the coronavirus outbreak.
BEIRUT (Reuters) - Lebanese President Michel Aoun said on Thursday measures would be taken to hold to account all those who contributed to Lebanon's financial crisis through illegal actions be they transfers abroad, manipulation of Eurobonds or other acts.
KUALA LUMPUR: Small and medium enterprises (SMEs) in Malaysia will now be able to open instant accounts via Maybank’s online banking platform, Maybank2u.
BEIRUT (Reuters) - A team of IMF experts met Prime Minister Hassan Diab on Thursday at the start of a visit to advise Lebanon on tackling a crippling financial and economic crisis.