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NOOR ZAINAB HUSSAIN
Morgan Stanley Q3 Results: Profit shrinks as deal slump lingersMorgan Stanley reported a 9% decline in profit for the third quarter, due to slow dealmaking, which caused its shares to drop nearly 3% in ...- Goldman Sachs profit falls in first quarter as dealmaking sputtersGoldman booked a $470 million loss on the sale as the bank rejigs its strategy after a foray into consumer banking, which Chief Executive D...
- Banks sucked into global rout as SVB crisis spooks investorsThe brutal rout in the lender's stock spilled over into other U.S. and European banks as the episode spread concern about hidden risks in t...
- Goldman Sachs to cut thousands of employeesThe Wall Street bank had 49,100 employees at the end of the third quarter this year, after adding significant numbers of staff during the p...
- Warren Buffett ends 6-year drought of large acquisitions"Berkshire will be the perfect permanent home for Alleghany, a company that I have closely observed for 60 years," Buffett, who has run Ber...
- Grab slumps in US debut after record SPAC merger dealShares in Grab, Southeast Asia’s biggest ride-hailing and delivery firm, slid more than 20% in their Nasdaq debut following the company’s r...
- Berkshire leads $750m Nubank funding round, values it at $30bNubank, best known as a credit card issuer, also said it raised an additional $250 million from a series of other investors.
- Facebook quarterly revenue beats expectationsTotal revenue, which primarily consists of ad sales, rose to $26.17 billion in the first quarter ended March 31, beating analysts' average ...
- Coupang surges to over $100 billion valuation after $4.6 billion IPOCoupang share price soared 81% to open at $63.50 apiece on the NYSE. This after South Korea's largest e-commerce firm sold 130 million shar...
- Flipkart weighs US listing via SPAC merger but IPO much more likelyA traditional Flipkart IPO is much more likely, even as a growing number of Indian tech startups are considering the SPAC route to public m...
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