Catenaa, Tuesday, February 25, 2025– European block trades are off to their strongest start for the year since 2021, with about $ 8.6 billion in transactions so far in 2025, data compiled by Bloomberg on Tuesday said. A flurry of deals for chunks of European companies has seen about $ 8.6 billion in transactions since the beginning […]

Catenaa, Wednesday, February 19, 2025- The increasing demand for Hong Kong (HK) equities has caused local banks to borrow $ 707 million to maintain interbank liquidity on Tuesday, the largest overnight cash amount since 2019. Data compiled by Bloomberg said the Hong Kong Monetary Authority has loaned out HK$ 5.5 billion ($ 707 million) through its so-called […]

Catenaa, Friday, May 23, 2025- Nvidia’s rise to center stage has been fueled by the spending of its fellow members of the so-called Magnificent Seven on chipmaker’s AI chips, Bloomberg said. Bloomberg estimates show that Microsoft is the largest driver of Nvidia’s revenue, followed by Meta, Amazon, and Google parent Alphabet, while Tesla is Nvidia’s […]

Catenaa, Wednesday, May 28, 2025- The US Securities and Exchange Commission (SEC) is expected to approve applications for dual-share-class structures by this summer,  Bloomberg reported on Wednesday, allowing managers to add an ETF sleeve to an existing mutual fund.  The report said that more than 50 firms, including BlackRock and State Street, are waiting for […]

Catenaa, Monday, May 12, 2025- JPMorgan Chase could become the first bank to reach a $1 trillion market capitalization within the next three years, Wells Fargo said on Sunday. Wells Fargo analyst Mike Mayo and colleagues wrote in a May 11 note that if the largest US bank maintains its lead in returns, efficiency and […]