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Dealmakers eye China divestments, rise of India and SE Asia as M&A pipeline shrinks

* 9-month M&A values involving China hit 9-year low - Refinitiv * India-involved M&A values up 55% yoy in first 9 months * China's COVID curbs, policy uncertainties stifle deals - bankers By Kane Wu and Roxanne Liu HONG KONG/BEIJING, Sept 30 (Reuters) - Dealmakers in Asia are betting a possible retreat of multinational companies operating in China and a rise in acquisitions in India and Southeast Asia will replenish the M&A pipeline, amid macroeconomic headwinds.
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Dealmakers eye China divestments, rise of India and SE Asia as M&A pipeline shrinks

* 9-month M&A values involving China hit 9-year low - Refinitiv * India-involved M&A values up 55% yoy in first 9 months * China's COVID curbs, policy uncertainties stifle deals - bankers By Kane Wu and Roxanne Liu HONG KONG/BEIJING, Sept 30 (Reuters) - Dealmakers in Asia are betting a possible retreat of multinational companies operating in China and a rise in acquisitions in India and Southeast Asia will replenish the M&A pipeline, amid macroeconomic headwinds.
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Top banks say London forex rigging case filed too late

By Kirstin Ridley LONDON, Sept 29 (Reuters) - Eight of the world's biggest banks, including Deutsche Bank DBKGn.DE , Goldman Sachs GS.N and Bank of America BAC.N , say it is unfair to rope them into a vast London lawsuit over alleged collusion in the foreign exchange market. The banks, which were sued in 2020 by 11 investment fund groups such as Allianz, PIMCO, BlueCrest and Brevan Howard, told London's specialist Competition Appeal Tribunal (CAT) on Thursday the claims against them had simply b
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Wall Street Journal - Sept 28

Sept 28 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Eleven of the world’s largest banks and brokerages will collectively pay $1.8 billion in fines to resolve regulatory investigations over their employees' use of messaging applications that broke record-keeping rules, regulators said Tuesday.
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U.S. fines 16 Wall Street firms $1.8 bln for talking deals, trades on personal apps

By Michelle Price Sept 27 (Reuters) - U.S. regulators on Tuesday fined 16 financial firms, including Barclays BARC.L , Bank of America BAC.N , Citigroup C.N , Credit Suisse CSGN.S , Goldman Sachs GS.N , Morgan Stanley MS.N and UBS UBSG.S , a combined $1.8 billion after staff discussed deals and trades on their personal devices and apps. The sweeping industry probe, first reported by Reuters last year and subsequently disclosed by multiple lenders, is a landmark case for the Securities and Exchan
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