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Most banks expect gold's bull run to persist into 2025

FACTBOX-Most banks expect gold's bull run to persist into 2025 Updates Citi forecasts in the table, adds a quote in paragraph 2 Oct 21(Reuters) - Major banks expect gold to extend its record-breaking price rally into 2025 because of a revival in large inflows to exchange-traded funds (ETFs) and expectations of additional interest rate cuts from prominent central banks around the world, including the U.S.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds: Secureworks, Atlantic Union Bankshares, Catalent, Viad Corp Updates: EQT AB, DNB, CITIC Ltd Oct 21 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Monday: ** Cybersecurity firm Sophos, which is backed by private equity firm Thoma Bravo, said it will acquire Secureworks SCWX.O for $859 million in an all-cash deal to strengthen its cybersecurity offering for small, mid and enterprise customers.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Oct 21 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Monday: ** China's state-owned CITIC Ltd 0267.HK has agreed to sell its 19.23% stake in Fast Food Holdings, the company behind McDonald's China and Hong Kong operations, to Trustar Fast Food Holdings for $430.3 million.
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UBS sells its 50% stake in Swisscard to American Express

UPDATE 1-UBS sells its 50% stake in Swisscard to American Express Adds details from paragraph 4 ZURICH, Oct 21 (Reuters) - UBS UBSG.S is offloading part of the Credit Suisse business it acquired last year with a deal to sell the fallen bank's 50% stake in credit card provider Swisscard. UBS will sell its 50% holding in the company to its joint venture partner American Express AXP.N , Swisscard said in a statement.
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Europe's banks under investor pressure to keep earnings growth alive

PREVIEW-Europe's banks under investor pressure to keep earnings growth alive European banks report Q3 earnings this week and next Focus on fading interest rate boost, cost controls UniCredit move stirs M&A chatter By Sinead Cruise LONDON, Oct 21 (Reuters) - Europe's biggest banks are healthier than at any point since the 2008-09 financial crisis, but investors want reassurance that they can trust their longer term earnings power as interest rates fall.
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