Damian Lemanski
Coverage of Damian Lemanski in the Nexus archive.
- Advent to Sell Up to €1.5 Billion of InPost Buyout Loan to Banks
Advent is set to sell up to €1.5 billion of InPost buyout loan to banks. The move involves the sale of a significant portion of the loan used to acquire InPost. This transaction will have implications for Advent's financials and its stake in InPost.
- India More Than Doubles Gold, Silver Tariffs to Defend the Rupee
India has more than doubled gold and silver tariffs to defend the rupee, while Poland's central bank is increasing its gold purchases by 150 tons due to geopolitical instability. This move aims to stabilize the currency amidst record-high gold prices. The increased tariffs and gold purchases are strategic responses to global economic uncertainty.
- Gold Holds Decline as US Inflation Jump Lowers Rate Cut Odds
Poland's central bank is increasing gold purchases by 150 tons due to geopolitical instability driving prices to record highs. The bank is the world's biggest reported buyer of gold. This move comes as US inflation jumps lower rate cut odds.
- Gold Steady as Traders Track Hormuz Stalemate, Inflation Risks
Poland's central bank is increasing gold purchases by 150 tons due to geopolitical instability, Poland’s central bank is the world’s biggest reported buyer of gold. Gold prices have been driven to record highs.
- Gold Steadies as US-Iran Clashes Dim Truce Prospects in Mideast
Gold prices surged to a record high of over $5,500 an ounce due to a weaker dollar and investor flight from sovereign bonds and currencies. The rally has been fueled by US-Iran clashes, which have diminished truce prospects in the Middle East. Gold's steady rise extends its breakneck rally to a ninth day.
- Erste Ready for Bolt-On M&A Deals After €7 Billion Poland Entry
Erste Bank has entered the Polish market with a €7 billion investment and is now positioning itself for bolt-on M&A deals. The bank has rebranded its Polish operations as Erste Bank Polska, signaling its commitment to the region.
- ING Profit Beats Estimates, Pledges €1 Billion Share Buyback
ING Groep reported higher-than-expected profits and announced a €1 billion share buyback plan. The company's performance exceeded financial estimates, signaling strong business confidence.
- Central Banks ‘Scoop Up a Load’ of Gold in Bumpy First Quarter
Central banks, particularly Poland’s central bank (the world’s largest reported gold buyer), increased gold purchases by 150 tons in the first quarter amid geopolitical instability driving record-high prices. The Polish mint, Mennica Polska SA, is highlighted in the context of gold production.