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Chinese banks keep their lending rates unchanged

  Bloomberg Chinese banks kept their main lending rates unchanged on Monday, with the start of a gradual economic recovery from Covid lockdowns and tighter monetary policy in the rest of the world clouding the outlook for more central bank stimulus. The one-year loan prime rate was left at 3.7%, in line with forecasts and where it’s been since a ...

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BNP Paribas shows interest in buying ABN Amro

  Bloomberg BNP Paribas SA has expressed interest in a potential acquisition of ABN Amro Bank NV, the Dutch consumer lender that’s been government-owned since the financial crisis, according to people with knowledge of the matter. France’s biggest bank reached out for a meeting with the Dutch government and discussed its interest in a transaction, the people said, asking not ...

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Bitcoin’s struggle to hold $20,000 keeps crypto market on edge

  Bloomberg Bitcoin struggled to hold above the closely-watched $20,000 level, extending a period of marked volatility that saw huge weekend swings. The largest cryptocurrency falls as much as 4.8% on Monday and was trading at $19,914 as of 7:32 am in London. Ether at one point shed 7.8% but held above $1,000. Altcoins like Solana, Cardano and Dogecoin declined. ...

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