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Danube Properties’ Dh2.5 billion Oceanz in Dubai Maritime City, sold out tower one at launch

DUBAI/ GULF TIME Danube Properties’ latest project Oceanz has sold out one of the two towers at launch due to growing investor trust in the developer’s strong property delivery credentials. The Dh2.5 billion Oceanz project was unveiled at an exclusive launch event where selected investors and home buyers from all over the world snapped up the launched units at the ...

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TD Ameritrade integration dragged down client inflows, says Charles Schwab

BLOOMBERG Charles Schwab Corp said it has been temporarily affected by attrition from clients as it integrates TD Ameritrade, leading to a decline in net new money for the firm last month. The company had $4.9 billion of total core net new assets in August, a 64% decline from July and 89% from a year earlier, the company said. Core ...

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UBS on $1bn quest to avoid Deutsche Bank’s missteps

BLOOMBERG UBS Group AG’s decision to completely integrate Credit Suisse’s domestic business brings with it a task that’s notorious for running behind schedule and over budget. Just ask Deutsche Bank. The Swiss lender must now figure out how to bring over some 1.5 million client accounts from Credit Suisse into its own IT framework. Depending on the state of the ...

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