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FSB secures the future of Global banks by introducing TLAC
The Financial Stability Board (FSB), created by the leaders of the G20 economies in the aftermath of the Lehman Brothers collapse, published its finalized …
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The US Employment rate pad outs December Rate Hike
The US Employment rate has showed a strong boost in the number of jobs available last month, which has bolstered the Federal Reserve’s December …
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Bliss time for Asian Markets despite Chinese Meltdown
It is indeed a time to rejoice for Asian Markets as their share prices have hiked up and they are running on a constant …
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Barclays CEO Jes Staley, a new ray of hope?
Barclays CEO Jes Staley is the fresh entry to the corporation after Former Barclays CEO Antony Jenkins was kicked out of the company in …
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Playlab Games wants more Southeast Asia to Play!
Hong Kong-based Playlab, a 3 year old mobile games company, which is focused in Southeast Asian regions, has received a five million dollar investment …
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Can CEO Jes Staley save Barclays PLC?
After a three-month search, British bank Barclays PLC is all set to anoint former JPMorgan Chase & Co. investment banker Jes Staley as its …
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Dell Reported to Announce $50 Billion EMC Acquisition Deal
According to reports, Dell is set to announce that it’s acquiring data storage provider EMC Corp. in a more than $50 billion deal, creating …
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Standard Chartered aims to cut 1,000 top jobs
Bill Winters, the new chief executive of Standard Chartered plans to cut up to a quarter of the bank’s senior most staff worldwide to …
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Gannett to Acquire Journal Media Group in $280M Deal
Gannett Co. Inc. announced Wednesday that it has reached an agreement to acquire Milwaukee-based Journal Media Group in a cash deal worth $280 million, …
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Investment Banker, Breaking into the Wall Street Success
What is the first thought that comes to your mind when you hear the words Investment Banker? Well, the first thing that comes to …
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Cisco in $100 Million Venture with Inspur to resell Networking Gears
Networking powerhouse Cisco Systems Inc., announced that it would form a joint venture deal with China’s information technology firm Inspur Group, to resell its …
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Mark Zuckerberg’s Sibling to join Venture Capital Firm Kleiner Perkins
Arielle Zuckerberg, the youngest sister of Mark Zuckerberg, is joining Silicon Valley venture capital firm Kleiner Perkins Caufield & Byers (KPCB), as an associate partner …
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Goldman Sachs-led thredUp Plans to Take Down eBay
On Thursday, thredUP, a marketplace for used apparel announced that it had raised $81 million in a venture funding round led by Goldman Sachs …
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Marshall Wace and KKR & Co. L.P. Alliance for Long Term Partnership
Marshall Wace LLP and its associates, a leading international liquid alternative manager, and KKR Co. L.P., a leading international investment company, announced a strategic …
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US Dollar Strolls Down, Yen Gains despite Weaker Industrial Output
Currency markets have been cementing its position all over the place in the Asian Market with the Aussie and the Kiwi tumbling hard while …
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Fundraising round, Uber China closes on $1 billion
Fundraising round early, Uber Technologies Inc’s China division closed at $1 billion, despite strong domestic competition for the U.S. based ride service in the …
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Intel, Yuneec Collaborate To Revolutionize Drone Industry
Financial investors are taking out their checkbooks for funding china-based drone makers, after Dajiang Innovation Technology Co. became the county’s first company to pioneer …
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Paddy Power and Betfair in Talks Over $7.85 Billion Sports-Betting Merger
Online gambling company Betfair and Irish rival Paddy Power said they had reached an agreement in principle on a 5 billion pound ($7.85 billion) merger, …
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Intel Funds $100 MN in OpenStack Software to Aid Enterprise Operations
Intel Corp. is participating to fund for free software designed to help enterprises achieve all kinds of benefit provided by cloud services from Google …
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Discover Financial Tops in JD Power’s 2015 Credit Card Satisfaction Study
In a setback for American Express, Discover has taken the title as America’s favorite credit card company. According to the JD Power 2015 U.S. …
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Nokia Sells Its Mapping Unit To German Carmakers For $3.1 Billion
Nokia, the Finnish telecommunications company, announced an agreement on Monday to sell its digital mapping unit and location services for $3.1bn to a consortium of …
