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(Bloomberg) Banks are dumping assets and many of them are turning to a booming sector of the bond market to do so. Most Read from BloombergPutin Is Running Out of Time to Achieve Breakthrough in UkraineThere’s Still a Way to Snag a 3% Mortgage RateSingapore Retail Tycoon’s Son Seeks $62 Million Mansion SaleHere’s Everything Apple Plans to Show at Its AI-Focused WWDC EventThe Banks That Hold Most Money in Singapore Laundering ScandalThe latest round of global capital rules, known as Basel III ....
FTC Hotels, the lifestyle hotel franchise collection company, which owns the two lifestyle brands Casa Cook and Cook’s Club, has been acquired by the Real Estate business within Goldman Sachs Asset Management (“Goldman Sachs”) for an undisclosed consideration. ....