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Rakuten Considers Combining Financial Units; Shares Jump

Rakuten Considers Combining Financial Units; Shares Jump
bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.

Rakuten Group, Rakuten Bank Execute MOU Regarding Reorganization Of FinTech Business

Rakuten Group, Inc. and Rakuten Bank, Ltd. have agreed to initiate talks aimed at the reorganization of Rakuten Group's FinTech Business, including Rakuten Bank.

Rakuten to reorganize financial units amid mounting mobile losses

Rakuten Group Inc. said Monday it plans to reorganize its financial units by consolidating its banking, brokerage, credit card and insurance operations as it grapples with mounting losses in its mobil

Stocks Join Losses in Bonds as Fed-Cut Wagers Fade: Markets Wrap

(Bloomberg) — Wall Street traders sent both stocks and bonds lower after solid US factory data reinforced speculation that the Federal Reserve will be in no rush to cut interest rates. Treasuries fell across the curve with 10-year yields climbing over 10 basis points as manufacturing unexpectedly expanded for the first time since…

Rakuten (4755 JP Equity) Offers $1 25 Billion Junk Bond in US

Rakuten (4755 JP Equity) Offers $1 25 Billion Junk Bond in US
bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.

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