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Funding & Business

Klarna Shares Climb 30% in Trading Debut After $1.37B IPO

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Bloomberg’s Bailey Lipschultz breaks down the first hours of trading for payments company Klarna, which allows users to buy goods and pay in installments.
The company’s IPO jumped 30% in its trading debut. (Source: Bloomberg)



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Funding & Business

Switzerland’s Central Bank Learns to Live With a Strong Franc

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The Swiss National Bank seems to have a new doctrine on how to handle the strength of the franc: pick your battles.



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Funding & Business

Cross-Border Bank Consolidation Benefits Cyprus, Patsalides Says

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Cross-border mergers among large European lenders can help strengthen the Cypriot financial system, according to the country’s central-bank chief.



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Funding & Business

Polish Stock Rally Seen Rolling On Despite Drones, Bank Tax Hike

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A rip-roaring economy and cheap valuations will keep Poland’s stock rally on track, according to investors who say the market can overcome wobbles caused by a Russian drone incursion, sputtering negotiations over Ukraine and a looming tax hike on banks.



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