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Dollar declines most in two weeks as stocks rebound

BLOOMBERG The dollar fell the most in two weeks, while stocks rose as traders took bullish cues from improving Chinese data and comments from Treasury Secretary Janet Yellen. The yen had the biggest move against the dollar, surging more than 1% after Bank of Japan Governor Kazuo Ueda aired the possibility of ending the developed world’s last key negative interest ...

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Citigroup names new heads for continental Europe investment banking divisions

BLOOMBERG Citigroup Inc has named new co-heads of its banking, capital markets and advisory division for continental Europe. Linos Lekkas and Patrick Frowein will also represent the BCMA division as members of Citigroup’s Europe leadership team, according to an internal memo seen by Bloomberg News. A spokesperson for Citigroup confirmed the contents of the memo. The BCMA division’s continental Europe ...

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Mubadala commits US$1 billion to Blue Owl Capital’s technology lending strategy

NEW YORK / WAM Mubadala Investment Company (Mubadala), an Abu Dhabi-based global sovereign investor, announced today that it has formed a strategic partnership with Blue Owl Capital (“Blue Owl”) (NYSE: OWL), a leading alternative asset manager. The partnership was established with a $1 billion commitment to Blue Owl’s Credit platform and will initially focus on its Technology Lending strategy, which ...

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