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Russia’s MICEX-RTS stockmarket picks IPO banks-IFR

MOSCOW, Feb 21 (Reuters) – Russia’s newly merged MICEX-RTS stock exchange has selected banks to handle its up to $1 billion share float, giving top roles to the country’s two largest banks, Sberbank and VTB, IFR reported on Tuesday. The pair will work together on an initial public share offering …

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Argentina increases 2024 dollar bond issuance

BUENOS AIRES, Aug 4 (Reuters) – Argentina increased its dollar-denominated Bonar 2024 sovereign bond issuance by $4 billion on Friday, the second time it has increased the bond in a little over a month. President Mauricio Macri’s government will sell $2.7 billion of the bond to Nomura Securities Internacional Inc., …

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EU insurers oppose merging banking and insurance watchdogs

LONDON (Reuters) – Merging the European Union’s insurance and banking watchdogs could weaken financial supervision, top insurers said on Tuesday. Britain’s departure from the European Union means that the European Banking Authority must move from its base in London to elsewhere in the EU with a string of cities jostling …

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