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HSBC’s U.S. subsidiary revealed plans to launch a new managed portfolio that invests in global companies that have a leading presence in the digital innovation space, as the bank looks to help investors take advantage of the sector's accelerated growth due to the global pandemic.

Santander’s American subsidiary served as joint lead arranger for $225 million in loans to American chemical company Purolite, the bank revealed Tuesday, as the lender positions itself to go after more mid-market financing deals.