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PayPal’s stock sinks as suitors reportedly walk away from their takeover bid

Reports of a takeover offer have propped up PayPal’s stock in recent months, but now the company may have to execute a turnaround on its own.

PayPal’s stock sinks as suitors reportedly walk away from their takeover bid

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More in Finance & Markets

Bank Indonesia: 25 Banks Favor Securities over Lending

Bank Indonesia noted that 25 banks had macroprudential intermediation ratios below 84%, while simultaneously holding securities holdings above 19%.

  • 25 commercial banks prioritize securities over lending
  • Intermediation ratio below 84% for these banks
  • Securities account for 48.4% of banking industry holdings

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