Russia’s VTB forecasts record $6.4 bln profit in 2024 on corporate loan growth
Russia’s second-largest lender VTB (VTBR.MM), opens new tab expects to make a record profit of up to 550 billion roubles ($6.39 billion) in 2024, […]
Unicaja’s Q2 net profit up 61% but lending income down qtr/qtr
Spain’s Unicaja (UNI.MC), opens new tab posted a 61% rise in second-quarter net profit on Tuesday helped by lower provisions though lending income eased […]
Singapore’s Temasek plans to invest up to $30 billion in US over next five years
Singapore state investor Temasek plans to invest up to $30 billion over the next five years in the U.S. in sectors such […]
Sacyr hires Santander and Deutsche Bank as advisers to find partner
Spanish construction firm Sacyr (SCYR.MC), opens new tab hired Santander and Deutsche Bank as financial advisers to find a partner for new unit Voreantis […]
Walmart looks to bet $200 million on autonomous forklifts
Walmart (WMT.N), opens new tab has plans to potentially spend $200 million on self-driving forklifts as part of broader efforts to automate more warehouse […]
3M shares soar as strong results highlight cost cuts, growth push
3M’s (MMM.N), opens new tab shares soared to a near two-year high on Friday following the industrial conglomerate’s quarterly results that underscored its focus […]
Six banks settle European bond price fixing litigation in New York
Six banks including Bank of America (BAC.N), opens new tab and Citigroup (C.N), opens new tab agreed to pay $80 million to settle antitrust litigation in […]
Nasdaq says top shareholder Thoma Bravo to sell shares worth $2.8 bln
Nasdaq (NDAQ.O), opens new tab said on Friday that private equity firm Thoma Bravo will sell 41.6 million shares in the transatlantic exchange operator […]
India’s central bank fines Visa for unauthorised payment method
The Reserve Bank of India imposed a penalty of 24.1 million rupees (nearly $288,000) on Visa (V.N), opens new tab in relation to its […]
Amundi’s Q2 net inflows beat estimates on Asian contributions
Amundi, Europe’s biggest fund manager, posted better-than-expected quarterly inflows on Friday, driven by its Asian joint ventures amid sustained demand for risk-averse […]
JPMorgan launches in-house chatbot as AI-based research analyst, FT reports
JPMorgan Chase (JPM.N), opens new tab has begun rolling out a generative artificial intelligence (AI) product, telling employees that its own version of OpenAI’s […]
Sabadell CEO plays down ‘white knight’ prospect to stop BBVA bid
Banco Sabadell (SABE.MC), opens new tab is unlikely to get a competing takeover offer to scupper a hostile bid from rival BBVA (BBVA.MC), opens new […]