Tags: Investment banks
Reddit Set to Make Public Debut; Why This Might be a Good News for Investment Banks?
On Sunday, sources indicated Reddit's IPO is four to five times oversubscribed, making it more likely to reach its $6.5 billion valuation.
Portugal Shifts to Bank Resolution Fund; Revises Loan Terms
The banks in Potugal had a lot of issues to solve after failing to sell Novo Banco. This has made a lot adjustments that needs to be done by the banks.
JPMorgan advises investors to vote against the splitting proposal
JPMorgan Chase has advised its shareholders to vote against the proposal to split up the bank. The bank warned its shareholders that the breakup proposal will not benefit its investors.
Societe Generale says it obeys all rules fighting tax evasion and fraud
Societe Generale said that it stood by all the rules of its operating nations. The bank confirmed that it no longer detained any establishments in the process in the Non-Cooperative Countries and Territories.