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Finance & Markets

BofA Rejigs Global Credit Trading Businesses to Boost Liquidity

Bank of America Corp. is combining its global credit macro, fixed income exchange-traded fund, and high-grade corporate bond trading businesses into a single platform as the Wall Street firm looks to streamline credit trading for clients and boost the liquidity it can offer.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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Ndindi Nyoro predicts Safaricom’s annual profit could hit Ksh120B

Kiharu Member of Parliament Ndindi Nyoro has projected that Safaricom PLC could record an annual net profit of around Ksh120 billion or more, following the telecommunications company’s strong…

  • Ndindi Nyoro predicts Safaricom's annual profit could reach Ksh120 billion.
  • Safaricom's second half earnings show 35.9% increase in net income to Ksh58.2 billion.
  • M-Pesa revenue hits Ksh100.1 billion, growing 13.6%.

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