S&P 500 ends lower, European stocks wrap up biggest weekly loss of the year
Banks advising South Korean automaker Hyundai on its India IPO are set to make as much as $40 million in fees, three sources said, a windfall in a market where banks typically struggle to make money given cost-conscious clients and fewer big deals. That would be the second-highest fee pot ever for investment banks working […]
Russian central bank urges global integration despite sanctions
Despite Western sanctions, Russia must be integrated in the global economy with countries that are prepared to work with it, central bank Governor Elvira Nabiullina said at Russia’s flagship annual economic forum in St Petersburg on Thursday. The event once drew top Western bankers and company executives, but the main foreign participants now are from […]