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Deutsche Bank Scraps 60% of Fixed-Income Trading Apps as It Tries to Cut Costs

Deutsche Bank Scraps 60% of Fixed-Income Trading Apps as It Tries to Cut Costs
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Deutsche Bank Scraps 60% of Trading Apps With Costs in Focus

Deutsche Bank Scraps 60% of Trading Apps With Costs in Focus
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Exclusive: JPMorgan s top EV banker sees a resurgence of activity as China s US$200 billion market consolidates, foreign players boost presence

‘We are at the beginning of a resurgence of M&A activity,’ says Peter Yu, co-head of diversified industries and technology for Asia-Pacific. The marriage of foreign capital and Chinese technology ‘is a powerful theme.’

JPMorgan s top EV banker sees a resurgence of activity as China s US$200 billion market consolidates, foreign players boost presence

China's electric-vehicle (EV) industry is becoming a brighter spot for JPMorgan Chase's top deal bankers as the crowded domestic market faces pressure to consolidate and foreign manufacturers jostle for a bigger stake in the world's biggest market. Recent transactions involving BYD, Nio, Xpeng, Volkswagen and BMW are fuelling hopes that mergers and acquisitions (M&A) will make the industry a fertile ground for deal-making after two years of muted opportunities for investment bankers in Asia-Paci

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