AGP Executive Report
Last update: 12 hours agoBanking & Capital: Malaysia’s Digital Nasional completed RM5.2 billion ($1.27 billion) in syndicated Islamic financing, supporting its shift to mobile-operator ownership and future network investment. N26 named Marc Hess, a former Aareal Bank CFO, to lead its finances as the digital bank prepares to expand products. Markets: Goldman Sachs upgraded its three-month view on global stocks, citing earnings strength and improved valuations after a recent pullback. But Broadcom CEO Hock Tan warned that some AI investors are betting without understanding the risks, as the sector faces questions over profitability. Digital Assets: Investors pulled nearly $1.25 billion from Bitcoin, Ethereum and Solana ETFs in a week; XRP funds recorded modest inflows. Financial Crime: UK authorities froze a London penthouse linked to an alleged Prince Group finance chief, as part of action against a network accused of large-scale fraud and illicit finance.
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