Rakuten Bank Set to Go Live after Floating Biggest Japanese IPO in 5 Years

Investing into ethereum reddit. Rakuten Bank and the Global Banking Outlook

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Rakuten Bank, the financial services offshoot of the Japanese conglomerate Rakuten Group is set to go live following a successful float of its Initial Public Offering IPO. According to a report from The Business Times, Rakuten Bank priced its IPO at Yen, a point that coincided with the upper range of its revised pricing.

In the months and weeks leading to the IPO, Rakuten Bank set the IPO price at a range of 1, to 1, yen but it had to subtly reduce this pricing down to 1, to 1, yen in what appears to be a lower demand than anticipated from investors.

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At the 1, Yen price, the company has been able to raise the sum of The Rakuten Bank showing is not an entirely bad one and the embrace, following the lower defined pricing set for the float, is a testament that investors are notably bullish on the bank and its stock.

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  • Data is accurate as of April 4,

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