Joint statement by Goldman Sachs, European Bank for Reconstruction and Development and DgPays says this will be one of the most significant foreign investments in Turkey’s fintech sector to date without disclosing the amount.
Transformative initiatives like the GameStop rally aim to claw back some of the power and wealth from the very top.
Asian stocks fell following a sell-off on Wall Street, with investor confidence continuing to be rattled by the coronavirus crisis.
Former prime minister Mahathir Mohamad, who resigned last month, cautioned that the party accused of graft at 1MDB was back in power. At least six countries are investigating financial crimes at 1MDB, founded by then-premier Najib Raza.
A Malaysian court ordered former prime minister Najib Razak to present his defence against seven counts of criminal breach of trust, money laundering and abuse of power in a case linked to a scandal surrounding state fund 1MDB.
Ex-Goldman Sachs banker Roger Ng will stand trial in Malaysia in April and Malaysia has said it was seeking up to $7.5 billion in reparations from Goldman over its dealings with 1MDB.
The disagreement came after Goldman Sachs analyst Rod Hall criticised Apple’s accounting methods for the tech giant’s new TV+ product, saying in a research note that it may result in lower gross margins and profits.
As a no-deal Brexit looms on the horizon, more than a dozen banks based in Britain have shifted $1.44 trillion in assets to the eurozone to avoid the negative effects of Brexit on their transactions.
Goldman Sachs has been under scrutiny for its alleged role in helping to raise funds through bond offerings for 1Malaysia Development Bhd (1MDB).
British new Prime Minister Boris Johnson seemingly doubles down on his no-deal Brexit threat, as British currency hits new lows.
Philip Hammond says he might vote against PM Theresa May’s successor if they decide to force a hard Brexit through parliament.
The Wall Street bond yields hit their lowest since 2017. Dow Jones is down 0.93%, with the S&P 500 down 0.85%, and Nasdaq down 0.39% as well.
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