Exclusive: Jefferies gives up on buyout fund manager investing business – sources

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By Chibuike Oguh (Reuters) - Jefferies Financial Group Inc is abandoning an effort to raise a $1 billion fund to buy stakes in private equity fund managers, giving up on a niche and lucrative corner

Julius Baer posts 55% profit rise for 2021

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ZURICH (Reuters) - Julius Baer on Wednesday posted a 55% rise in 2021 net profit, as client trading and a rise in fees it generates from manging money helped generate record earnings.

Swiss National Bank renews pledge to stem franc’s rise in rare comment

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By John Revill ZURICH (Reuters) - The Swiss National Bank repeated on Monday its pledge to intervene on the currency markets to curb a rise in the franc after safe-haven inflows driven by the Ukraine

Ageing China boosts private sector role as pensions time bomb ticks

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May 20, 2021 BEIJING (Reuters) – China is tweaking its $1.2 trillion pension system to increase private sector involvement as its population ages rapidly and...

Dow Inc seeks buyers for German chemical parks infrastructure: sources

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February 22, 2021 By Arno Schuetze FRANKFURT (Reuters) – U.S. chemicals maker Dow Inc has put German infrastructure assets up for sale in a potential...

JPMmorgan, Citibank, six others cleared for next bond sale – EU Commission source

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BRUSSELS (Reuters) - Nomura, Unicredit, Credit Agricole, JPMorgan, Citibank, Barclays, Bank of America and Deutsche Bank can take part in the next syndicated debt sale backing the European

How open enrollment boosts financial health in shaky times

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By Chris Taylor NEW YORK (Reuters) - Pop quiz for U.S. open enrollment season: What percentage of your total compensation is due to employee benefits?

Short bets on Asian FX rise as Omicron uncertainty grips markets: Reuters poll

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By Harish Sridharan (Reuters) - Investors became increasingly bearish on most Asian currencies as the detection of a possibly vaccine-resistant coronavirus variant and subsequent mobility restrictions

Chinese banks’ bad-loan ratio at 1.89% as of end-Nov, says regulator

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BEIJING (Reuters) - China banking institutions saw their combined bad-loan ratio stand at 1.89% at end of November, the sector's regulator said in Beijing on Thursday.

Piraeus Bank to buy additional stake in real estate company Trastor

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ATHENS (Reuters) - Piraeus Bank has agreed with investment firm Varde Partners to buy its controlling stake in Trastor Real Estate Investment Company for about 98 million euros ($111.04 million), the

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