 | | | | Generalfinance said on Thursday it had set a price range of between 7.12 and 7.63 euros per share for its initial public offering (IPO) on the Milan stock exchange, valuing the Italian credit management company at 70-75 million euros before a planned capital increase. | | | | | | Barclays Head of Macro Trading for EMEA and Asia Pacific, Nat Tyce, is leaving after more than 25 years, a staff memo seen by Reuters shows, after transforming the trading unit into one of the bank's highest-flying divisions. | | | | | | Credit Suisse plans to call its $1.5 billion 7.125% high-trigger Tier 1 capital instrument for redemption on July 29, it said on Thursday. | | | | | | Italy expects to reach an informal agreement with European Union authorities soon over new restructuring goals for Monte dei Paschi di Siena (MPS) and to be granted more time to return the state-owned bank into private hands, two sources said. | | | | | | Celsius Network, the retail crypto lending platform whose liquidity problems have sent cryptocurrencies plunging, stumbled on complex investments in the wholesale digital asset market in what analysts say was akin to a traditional bank run. | | | | | | Citigroup global head of markets Andy Morton told an investor conference on Wednesday that he expected a decline of as much as 55% in the bank's investment banking business this quarter and an increase of over 25% in its markets business. | | | | | | The Czech National Bank is likely to raise its main rate by at least 75 basis points at its June 22 board policy meeting, Vice-Governor Tomas Nidetzky was quoted as saying on Wednesday. | | | | | | Thailand's central bank said on Wednesday it was closely monitoring capital movements and the baht currency and was ready to take action on any excessive volatility. | | | | | | Switzerland's second-largest bank Credit Suisse has hired two managing directors from JP Morgan and BNP Paribas to reinforce its UK investment banking and capital markets team. | | | | | | A Lithuanian woman on Wednesday pleaded guilty to involvement in laundering more than 29 billion Danish crowns ($4.1 billion) through Danske Bank's Estonian branch, her defence lawyer said. | | | | | |
