What’s going on? Affecting the VN-Index and VN30, Techcombank (TCB) became a powerful stock, orienting the flow of banking stocks and the whole market. From the beginning of October 2020, TCB has been traded in large volumes, matching up to tens of millions of units/day. All securities companies offer a maximum margin trading limit of…
Tag: bank
Ep 89: Vingroup plans Thai bonds as funding options narrow
What’s going on here? Vingroup, Vietnam’s largest company, plans to issue this year its first baht-denominated bonds as the sprawling conglomerate (1) seeks to expand its loss-making car business and (2) has exhausted its funding options at home. What does this mean? Opportunities and risks from Baht’s appreciation The baht strengthened 8% against the U.S….
Ep 41: Deutsche Blank
What’s Going On Here? The $1 billion of profit Deutsche Bank‘s investors were expecting this year will probably be a loss instead. What Does This Mean? Deutsche Bank’s been struggling for a while: losing market share and getting embroiled in money laundering scandals. Money laundering is the process of concealing the origins of money obtained illegally by passing it through a…
