Saudi Arabia’s Mammoth Public Investment Fund Turns Inward Just As One of the Country’s Top Allies Reclaims the White House.
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Saudi Arabia’s Public Investment Fund (PIF) signaled on Tuesday that it’s dialing down its investments outside the kingdom’s borders.
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TD Bank was fined more than $3 billion by regulators in October in what’s arguably the biggest banking scandal of the year.
Europe’s bank M&A scene has been noticeably stagnant for a while, but that could all be about to change next year.