CREDIT Suisse Group is paying up to raise billions of US dollars in the US and UK as the troubled lender relies on attractive terms to keep funding plans in place.
This is a drop from the cut-off-yield of 4.28 per cent reported for the previous auction held on Dec 21.
EUROZONE government bond prices fell on Thursday (Feb 5), halting a rally earlier in the week on signs that inflation may have peaked in the bloc, with heavy government bond supply adding to pressure on prices.
The pharmaceutical firm behind mRNA vaccines employed 800 people before the pandemic. It now has some 4,000 workers and will increase its workforce to 6,000 by the year-end.
THE Asia-Pacific region, excluding Japan, recorded a 17 per cent year-on-year drop in investment banking fees to US$28.6 billion in 2022 – the lowest annual total since 2019.
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