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Новости за 11.07.2023

: U.S. Bancorp stock rises after B of A upgrade to buy from neutral

MarketWatch.com 

U.S. Bancorp USB was up by 3.3% after B of A analyst Ebrahim H. Poonawala upgraded the bank to buy from neutral and raised his price target by $2 to $40 a share on Tuesday. Poonawala said the company offers franchise quality and under-appreciated defensibility in its balance sheet. “We believe investor focus on capital build has distracted attention away from what is among the highest quality franchises in the U.S. banking industry,” Poonawala said. “We view USB as an outperformer during the next credit cycle,” he said. Читать дальше...

CLO market set for $20 billion reset spree in sign of thawing

Americanbanker.com 

Resetting allows CLOs to essentially cut the costs at which they borrow, leaving more money for holders of the riskiest and highest-returning part of the structure, the equity portion, after other note holders have been paid.



Aim to increase e-rupee transactions to 10 lakh per day by 2023-end: RBI DG T Rabi Sankar

Economictimes.indiatimes.com 

In November last year, the RBI introduced a wholesale CBDC pilot and followed it up with a retail pilot in December. At present, the number of banks in the pilot has gone up to 13 from eight banks initially. Sankar said at present, there are 13 lakh users of the CBDC, including 3 lakh merchants. He said getting 10 lakh transactions a day is not a difficult task for the system, pointing to 31 crore transactions on the Unified Payments Interface (UPI) at present.

Grisly murder trial begins in Sweden

Views and News from Norway 

A Norwegian man living in Sweden denies he did anything wrong when he placed his dead partner, also Norwegian, in the couple’s freezer. He’s not charged with murdering her, but rather with dismembering her corpse and then fraudulently collecting her pension payments after failing to report her death. The woman had been reported missing by […]

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