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Search resuls for: "Nishara Karuvalli Pathikkal"


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Jan 17 (Reuters) - EY Global expects favourable market conditions by the end of this year or early 2024 to list its consulting and a part of the tax business if a proposed split of its accounting and consultancy arms is approved, a company official said on Tuesday. "(The split) will involve a debt raise, and a form of capital transaction - both of those are influenced by market conditions," said Andy Baldwin, global managing partner-client service at EY. The vote, which will take place in around 77 countries, is "probably one of the most complex in corporate history", Baldwin said. He also said that the exchanges to list the business were still under consideration, adding that it was expected to be a "$25 billion plus start-up from the get go". Reporting by Divya Chowdhury in Davos, Savio Shetty in Mumbai and Anisha Sircar in Bengaluru; Editing by Nick MacfieOur Standards: The Thomson Reuters Trust Principles.
DAVOS, Switzerland, Jan 16 (Reuters) - SkyBridge Capital is betting on a sustained turnaround in cryptocurrency markets in 2023, the firm's founder Anthony Scaramucci said, while admitting this view was "overly bullish". "If bitcoin could trade back to $35,000, SkyBridge is going to have an amazing year," Scaramucci told the Reuters Global Markets Forum in Davos, Switzerland. Bitcoin is trading at around $20,800, a 26% gain so far this year after falling by more than 64% in 2022. SkyBridge has invested in bitcoin, ethereum , solana and altcoin algorand , and is also eyeing the structured credit market to drive 2023 returns after the firm's losses in 2022. "Structured credit, mortgage-backed securities, credit card debt, auto loans -- that's an attractive space again," Scaramucci said.
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