Hi all, hi-fin-tech guys!
I bet you spent a lot of time reading financial news, looking for the perfect shorting/longing stock. And, I bet that you don’t have time enough to read all the data.
And, this is 2021, and once again, HugginFace comes to save your time with his NLP models.
Enjoy in financial texts summarization: three paragraphs in two short sentences.
Ladies and gentlemen hi-fin-tech guys, the honor goes to:
https://huggingface.co/human-centered-summarization/financial-summarization-pegasus?text=National+Commercial+Bank+%28NCB%29%2C+Saudi+Arabia%E2%80%99s+largest+lender+by+assets%2C+agreed+to+buy+rival+Samba+Financial+Group+for+%2415+billion+in+the+biggest+banking+takeover+this+year.NCB+will+pay+28.45+riyals+%28%247.58%29+for+each+Samba+share%2C+according+to+a+statement+on+Sunday%2C+valuing+it+at+about+55.7+billion+riyals.+NCB+will+offer+0.739+new+shares+for+each+Samba+share%2C+at+the+lower+end+of+the+0.736-0.787+ratio+the+banks+set+when+they+signed+an+initial+framework+agreement+in+June.The+offer+is+a+3.5%25+premium+to+Samba%E2%80%99s+Oct.+8+closing+price+of+27.50+riyals+and+about+24%25+higher+than+the+level+the+shares+traded+at+before+the+talks+were+made+public.+Bloomberg+News+first+reported+the+merger+discussions.The+new+bank+will+have+total+assets+of+more+than+%24220+billion%2C+creating+the+Gulf+region%E2%80%99s+third-largest+lender.+The+entity%E2%80%99s+%2446+billion+market+capitalization+nearly+matches+that+of+Qatar+National+Bank+QPSC%2C+which+is+still+the+Middle+East%E2%80%99s+biggest+lender+with+about+%24268+billion+of+assets.
human-centered-summarization/financial-summarization-pegasus · Hugging Face
Enjoy writing your own fintech summarization code. I don’t know if Google offers such possibility, but it would cost you 🙂
No comment