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I thought the grass would be greener in fintech land, but it’s patchy and dreary
Hybrid capital is open to the big US tech companies. But who needs an umbrella when the sun is shining?
Years of underperformance are behind it and the bank has launched a new growth plan
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  • On Monday, a day when European stock indices plummeted, hedge fund giant Bridgewater Associates was executing short positions against 37 of the continent's companies, particularly in France, Germany, Spain and the Netherlands.
  • SBI Cards and Payments Services has priced its Rp103.4bn ($1.4bn) IPO at the top of the range and was allocating the stock to investors on Wednesday.
  • Guangzhou R&F Properties Co has become the latest Hong Kong-listed mainland company planning to convert its domestic shares into H-shares, after China fully opened up the H-share full circulation scheme last November.
  • Chinese biopharmaceutical firm InnoCare Pharma kicked off bookbuilding for its Hong Kong IPO on Wednesday, securing over half of the deal with cornerstone investors.
  • Every time a UK company gets into trouble, the call goes up for a state rescue — calls which the government, sensibly, usually rejects. With the increasingly troubled Intu, however, it might not be the worst idea.
  • Italy’s equity capital markets bankers have not thrown in the towel on 2020, despite much of the country effectively being shut down by the spread of the Covid-19 coronavirus.
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