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Taiwanese smartphone chip maker MediaTek Inc (2454.TW) announced Monday that it will use new semiconductor technology from Arm Ltd for its next-generation product.
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The largest publicly traded bank in Portugal, Millennium bcp (BCP.LS), reported on Monday that stringent cost controls and rising interest rates were to blame for a 90.5% increase in first-quarter consolidated net profit.
Australia's Westpac Banking Corp (WBC.AX) on Monday dropped a cost-cutting goal, blaming inflation, but after easily exceeding first-half profit projections, investors drove the stock higher.
As profits from its institutional arm surpassed those from its home lending division on Friday, Australian lender ANZ Banking Group Ltd (ANZ.AX) announced that it was expanding beyond the competitive residential mortgage market.
In what is the third significant U.S. bank failure in two months, the California Department of Financial Protection and Innovation (DFPI) said on Monday that it had closed First Republic Bank (FRC.N) and reached an agreement to sell its assets to JPMorgan Chase & Co (JPM.N) and National Association.
As the German company strengthens ties with the UK corporate customer segment, Numis Corp (NUM.L), a London-based institutional stockbroker and corporate advisor, stated on Friday that it will be acquired by it for around 410 million pounds ($511.2 million).
