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APi Group drops on stock offering

BUZZ-APi Group drops on stock offering ** APi Group Corp's AGP.N shares down 5.1% at $37.11 premarket after construction and engineering co's overnight follow-on priced ** Co announces 11 mln shares at $37.50 for $412.5 mln gross raise with Citi, BofA and UBS as jt lead bookrunners ** Offering price represents 4.1% discount to stock's last sale ** APi plans to use net offering proceeds for general purposes, including capex, working capital and acquisitions ** Early Mon, co announced accretive pu
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Banks falling behind on messaging app scrutiny, survey finds

Banks falling behind on messaging app scrutiny, survey finds By Sinead Cruise LONDON, April 17 (Reuters) - Global financial companies are falling behind on the monitoring and archiving of all business-related communications using personal messaging apps, a survey released on Wednesday showed, potentially running the risk of regulatory breaches and fines.
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Abu Dhabi's largest Islamic bank in talks to buy $1.1 bln stake in Indonesian lender, sources say

EXCLUSIVE-Abu Dhabi's largest Islamic bank in talks to buy $1.1 bln stake in Indonesian lender, sources say Adds context on the Indonesian and Abu Dhabi banks, paragraphs 9-15 By Yantoultra Ngui and Stefanno Sulaiman SINGAPORE/JAKARTA, April 17 (Reuters) - Abu Dhabi's largest Islamic bank is in talks to buy a minority stake valued at around $1.1 billion in Indonesia's top Islamic lender, Bank Syariah Indonesia, sources said, with an aim to tap into a fast-growing market for such services in Sout
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Morgan Stanley, HSBC cutting Asia investment banking jobs on China deals slowdown

WRAPUP 3-Morgan Stanley, HSBC cutting Asia investment banking jobs on China deals slowdown Adds Asia investment banking outlook in the 6th and 7th paragraphs; and China IPO data in the 11th paragraph HONG KONG, April 17 (Reuters) - Morgan Stanley and HSBC are cutting dozens of investment banking jobs in the Asia Pacific region this week, sources said, as they ramp up cost-cutting, with weaker dealmaking and sluggish markets in China and Hong Kong weighing on business prospects.
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Aerospace parts manufacturer Loar Holdings aims up to $2.28 bln valuation in US IPO

UPDATE 1-Aerospace parts manufacturer Loar Holdings aims up to $2.28 bln valuation in US IPO Recasts paragraph 1, adds details and background throughout April 17 (Reuters) - Loar Holdings is aiming for a valuation of up to $2.28 billion in its initial public offering in the United States, the aerospace parts manufacturer said in a filing on Wednesday.
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