Group 1 - Alkami Technology, Inc. is a leading provider of cloud-based digital banking solutions for financial institutions in the U.S. [2] - The company will present at the 45th Annual William Blair Growth Stock Conference on June 4, 2025, with CEO Alex Shootman and CFO Bryan Hill participating [1] - A webcast and replay of the conference will be available on the company's investor relations website [1] Group 2 - Alkami's solutions enable clients to grow confidently, adapt quickly, and build thriving digital communities [2] - The company focuses on transforming retail and business banking, onboarding and account opening, payment security, and data and marketing solutions [2]

1. 小米集团(01810.HK)发布玄戒O1旗舰处理器，采用第二代3nm先进工艺制程，将搭载于15S Pro、平 板7 Ultra、手表S4；小米YU 7今日正式发布，定位 "豪华高性能SUV"。 2. 恒瑞医药(01276.HK)昨日暗盘高开涨超27%，收盘涨32.24%，报58.25港元，成交额7.51亿港元。 3. 新华保险(01336.HK)出资100亿元认购国丰兴华鸿鹄志远二期私募证券投资基金。 金十数据整理：每日港股市场要闻速递（5月23日 周五） 个股新闻 4. BOSS直聘(02076.HK)：截至2025年3月31日总收入19.23亿元人民币，同比增加12.88%；归属于股东 净利润5.18亿元，同比增加111.53%。 5. 据港交所文件，友邦保险(01299.HK)于5月22日耗资2120万港元回购了32.5万股股份。 6. 新加坡微小核糖核酸(miRNA)技术公司Mirxes-B(02629.HK)今日挂牌，昨日暗盘交易时段一度涨超 40%。 7. 汇丰控股(00005.HK)于5月21日耗资1.522亿港元回购了160万股股份，并耗资3280万英镑在其他交易 所回购了总计370万股 ...

点击小程序查看报告原文 当地时间5月21日，20年期美债拍卖遇冷，中标利率升破5%，投标倍数跌至2.46[1]，引爆市场恐慌，美国市场再度出现股债汇"三杀"，10年期美债利率一 度突破上行阻力位4.6%。同样的，5月20日日本国债拍卖结果也较冷，20年期投标倍数跌至历史低位2.5，10年日债利率站上1.5%[2]。我们认为， 美、日 债同步拍卖遇冷、利率上行，可能反映了当前全球流动性趋紧，而作为重要融资货币，日元流动性不足带来的外溢效应可能加速美国股债汇"三杀"。 我 们再次提示，随着特朗普"美丽大法案"（one big beautiful bill）通过在即，美债上限问题得到解决后，财政部可能 在 7-9月集中投放新增美债，美国市场 遭受系统性流动性冲击的风险上升，美联储开启QE等扩表政策来救市的迫切性正在提升 （参见《 美国流动性冲击 、重启QE与主权财富基金 》）。 全球流动性收紧 2022年6月以来，主要发达国家央行同步开启QT。较2022年二季度，2024年底美、日、欧、英四大央行的资产占本地GDP比例分别下滑了12.1、14.0、 29.3和17.6个百分点，如果仅考虑狭义流动性[3]，比例则分别 ...

金十数据5月23日讯，巴西政府将一系列外汇交易（包括向国外汇款和使用国际卡）的金融操作税 （IOF）税率统一为3.5%；与进出口有关的外汇交易、汇往国外的利润和股息仍然免征。新政策将从5 月23日起生效。改革后，预计在2025年增加205亿雷亚尔（36.1亿美元）税收，在2026年增加410亿雷亚 尔税收。 巴西上调金融操作税税率 ...

Core Viewpoint - The investment banking landscape is evolving, with Evercore Inc. and The Goldman Sachs Group Inc. gaining investor attention due to their distinct service offerings in mergers and acquisitions, capital markets, and wealth management [1]. Investment Banking Sector Overview - The long-term outlook for the investment banking sector remains favorable, but near-term momentum has moderated due to market volatility and concerns over economic slowdown and inflation [2]. - The anticipated recovery in M&A activity is expected to occur in the latter half of 2025 [2]. Goldman Sachs Analysis - Goldman Sachs maintains a leadership position in global banking and markets, with a 24% year-over-year increase in IB revenues in 2024, driven by corporate debt and equity issuances [3]. - However, IB revenues declined by 8% year-over-year in Q1 2025 due to market uncertainty and a slowdown in M&A activities [3][4]. - Goldman is strategically exiting its non-core consumer banking business to focus on higher-margin areas like investment banking and trading, including ending its partnership with Apple [5][6]. - The company has divested several consumer finance businesses to enhance its focus on scalable core businesses [6]. Evercore Analysis - Evercore, while smaller, generates 95.9% of its revenues from Investment Banking and Equities, with a CAGR of 8.6% from 2017 to 2024 [7]. - The company is actively increasing its staff in the IB sector, employing 197 senior managing directors as of March 31, 2025, to support revenue growth [8]. Price Performance and Valuation - Over the past six months, Goldman shares fell by 0.1%, while Evercore shares dropped by 28.7%, against an industry growth of 0.8% [9]. - Goldman is trading at a 12-month forward P/E of 12.72X, higher than its five-year median of 10.17X, while Evercore trades at 18.06X, above its five-year median of 12.40X [11]. - Evercore's valuation is at a premium compared to the industry average of 13.73X, while Goldman is trading at a discount, making it a better choice for value investors [14]. Dividend Yield - Evercore has a dividend yield of 1.43%, while Goldman has a higher yield of 2.02%, both exceeding the industry average of 1.12% [14]. Earnings Estimates - The Zacks Consensus Estimate for Goldman suggests year-over-year revenue increases of 7.7% and 6% for Q2 and Q3 2025, respectively, with earnings growth of 13.9% and 20.9% [18]. - Conversely, Evercore's estimates indicate a revenue decline of 7.1% and 1.2% for the same quarters, with earnings declines of 22.7% and 3.4% [20]. Strategic Positioning - Despite near-term challenges, Goldman is well-positioned with an increased backlog and diversified revenue base, providing resilience that Evercore lacks during volatility [21]. - Goldman’s focus on high-return segments and divestitures is improving operational focus and profitability [22].

Group 1 - The central bank announced a 500 billion MLF operation with a fixed amount and interest rate bidding, with a term of one year [1] - The Financial Regulatory Bureau stated that the first batch of pilot reforms for long-term investment of insurance funds is 50 billion, the second batch is 112 billion, and a third batch of 60 billion is pending approval, totaling 222 billion [2] - The CSRC's Chief Risk Officer emphasized the continuous optimization of the domestic listing environment for technology companies, supporting high-quality red-chip tech firms to return to domestic listings [3] Group 2 - Xiaomi launched the Xiaomi 15S Pro, Pad 7 Ultra, and Watch S4, all equipped with the self-developed Xuanjie chip; the Xiaomi YU 7 was officially released, positioned as a "luxury high-performance SUV" [4] - Three Life Health reached a cooperation with Pfizer on project 707, with uncertainties regarding the sales milestone payments and royalties [5] - Nanjing Port saw an 8-day cumulative increase of 102.4%, with individual investors accounting for 88.47% of purchases [5]

To Nasdaq Copenhagen A/S 22nd May 2025 Announcement no. 44/2025Final terms for bonds to be listed 23rd May 2025On 23rd May 2025, Jyske Realkredit A/S will be listing new Covered Bonds (SDO). Final terms for the bonds are attached to this announcement. The full prospectus for the Bonds consist of the attached final terms and the previously disclosed ”Base Prospectus for the issue of Covered Bonds (SDO), Mortgage bonds (“RO”) and Mortgage Bonds (RO) and bonds issued pursuant to Section 15 of the Danish Mortg ...

21 May 2025 | 10:11PM IST Goldman Sachs Asia in Focus India: Towards a better growth-inflation balance Santanu Sengupta +91(22)6616-9042 | santanu.sengupta@gs.com Goldman Sachs India SPL Arjun Varma +91(22)6616-9043 | arjun.varma@gs.com Goldman Sachs India SPL Andrew Tilton +852-2978-1802 | andrew.tilton@gs.com Goldman Sachs (Asia) L.L.C. Investors should consider this report as only a single factor in making their investment decision. For Reg AC certification and other important disclosures, see the Disclo ...

21 May 2025 | 4:01PM EDT What's Top of Mind in Macro Research: Growing US fiscal concerns, tracking trade flows, the positives of population aging Transcript US: fiscal concerns grow We estimate that the House Republican reconciliation package that extends expiring tax cuts, enacts new tax cuts, and reduces spending will increase the US deficit by around $275bn, or 0.8% of GDP, next year compared with current policy. This increase is slightly larger than we originally anticipated, mainly owing to more gener ...

Core Insights - Temenos announced record-setting benchmark results for its cloud-native core banking solutions on Microsoft Azure, showcasing speed, efficiency, and scalability for modern AI-powered banking [1][2] - The benchmark simulated a bank with 25 million customers and 50 million accounts, processing 16,600 transactions per second while handling additional AI workloads [3] - The latest technology demonstrated over 40% improvement in efficiency compared to the previous year's benchmark, thanks to advancements in architecture and Microsoft Azure Cobalt 100 ARM processors [4] Technology and Performance - Temenos' banking solutions can process large volumes of transactions and data quickly and securely, using less hardware, which helps banks scale on demand while maintaining peak performance [5] - The benchmark also tested banking APIs through Microsoft Open AI Service interfaces to ensure readiness for future AI and Gen AI demands [5] Industry Trends - A Hanover Research survey indicated that 75% of banks are exploring Generative AI deployment, with 82% investing in technology to enhance operating efficiency [6] - Among banks already deploying or exploring Generative AI, 43% plan to increase their investment in the technology this year compared to last year [6] Expert Commentary - Industry experts emphasized the critical need for flexible and scalable core systems as banks adopt new technologies like Generative AI, highlighting the potential of Temenos' solutions to support high transaction volumes while managing infrastructure efficiency [7] - Temenos' commitment to cloud and SaaS technology is underscored by the benchmark results, which demonstrate the speed and scalability required for the next generation of banking [7] - The collaboration between Microsoft and Temenos is seen as a strategic move to enhance core banking capabilities in the cloud, aiming to transform customer experiences and drive innovation [7]