will cryptocurrency replace banks snippets

The Brazilian real rose to 1.6% against the US dollar.Bank of America promoted 387 new managing directors, an increase of 16% compared with last year. According to informed sources, Bank of America promoted 387 employees to managing directors, an increase of 16% compared with last year's total. People familiar with the matter said that more than half of those promoted to managing director were women or ethnic minorities.Market News: EU officials are worried about the impact on broadcasting and streaming media.

Jingye Intelligent: Shareholders intend to transfer 1.5% of the company's shares by inquiry. Jingye Intelligent (688290) announced on the evening of December 12 that Hangshi Asset Management (Hangzhou) Co., Ltd., a shareholder holding 6.35% of the company, intends to transfer 1.53 million shares by inquiry, accounting for 1.5% of the company's total share capital. The transferee of this inquiry transfer is an institutional investor with corresponding pricing ability and risk tolerance.Yibin Paper: There is uncertainty in the acquisition of 67% equity of Acetic Fiber Company. Yibin Paper issued a risk warning announcement, and the company plans to acquire 67% equity of Sichuan Pushi Cellulose Acetate Co., Ltd. held by related party Yibin Pushi Group Co., Ltd. As of July 31, 2024, according to the audited financial data, the total liabilities of Acetic Fiber Company were 971,116,800 yuan, and the asset-liability ratio was 88.31%. It is expected that related funds will flow out in the future. The transaction has yet to be reviewed and approved by the company's shareholders' meeting and procedures such as handling industrial and commercial change registration, and subsequent implementation is uncertain. According to the data released by CSI official website, the latest P/B ratio of papermaking and packaging owned by the company is 1.69 times, and the latest P/B ratio of the company is 8.43 times. The current P/B ratio of the company is quite different from that of the same industry.According to informed sources, Stada Arzneimittel AG, a pharmaceutical company focusing on consumer health care, sounded out investors' interest before the German IPO. The company may raise about 1.5 billion euros ($1.6 billion) through an IPO.

According to the medical report, Brazilian President Lula is still in the intensive care unit after undergoing brain surgery, and he will undergo another operation on Thursday morning local time.Peter Orsag, CEO of Lazard Financial Consultant: Geopolitical concerns are bringing more downside risks.Peter Orsag, CEO of Lazard Financial Consultant: Geopolitical concerns are bringing more downside risks.