Alibaba-backed MYbank to attract $871 in IPO

Source: Dukascopy Bank SA
China's MYbank, the lender backed by Alibaba Group Holding, is planning to raise 6B yuan ($871M) in an initial public offering, valuing the online bank at 24B yuan, according to Reuters.
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Tue, 30 Jul 2019 12:27:07 GMT

Blockchain rolls out cryptocurrency exchange The PIT

On Tuesday, one of the biggest digital currency wallet firms in the world, Blockchain, announced the launch of The PIT cryptocurrency exchange aimed at carrying out trades at high speed for institutional and retail investors.

Tue, 30 Jul 2019 10:09:53 GMT

GAM declares truce with Haywood

Swiss asset management company GAM Holding has announced that it has made a truce with its manager Tim Haywood. The court battling between the two parties hurt the company's stock price.

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