Anglo American rejects BHP’s $39 billion takeover bid to form mining juggernaut
Mining giant Anglo American on Friday rejected a takeover bid from rival BHP Group, saying the offer “significantly undervalues” the company and its future prospects. […]
Nomura Q4 net profit jumps almost eight-fold on retail income surge
TOKYO, April 26 (Reuters) – Nomura Holdings (8604.T), opens new tab, Japan’s biggest brokerage and investment bank, reported on Friday a 670% jump […]
India central bank scrutiny of financial firms leads to restrictions
MUMBAI, April 25 (Reuters) – The Reserve Bank of India’s (RBI) increased scrutiny of banks and other financial firms has resulted in […]
Czech billionaire Kretinsky’s energy assets make $7.8 bln core profit in 2023
PRAGUE, April 25 (Reuters) – Energy companies controlled by Czech billionaire Daniel Kretinsky’s EP Corporate Group on Thursday posted core profit (EBITDA) […]
Walmart-backed fintech One introduces buy now, pay later as it prepares bigger push into lending
Walmart’s majority-owned fintech startup One has begun offering buy now, pay later loans for big-ticket items at some of the retailer’s more than 4,600 U.S. […]
Deutsche Bank quarterly profit jumps 10% as investment bank outperforms
FRANKFURT, April 25 (Reuters) – Deutsche Bank (DBKGn.DE), opens new tab posted on Thursday a better-than-expected 10% increase in first-quarter profit as a resurgence […]
Goldman Sachs, BofA shareholders reject proposals for CEO-chair split
SALT LAKE CITY, Utah, NEW YORK April 24 (Reuters) – Goldman Sachs (GS.N), opens new tab and Bank of America (BAC.N), opens new tab shareholders voted […]
JPMorgan CEO Dimon says US economy is booming
April 23 (Reuters) – JPMorgan Chase (JPM.N), opens new tab CEO Jamie Dimon expressed confidence in a robust U.S. economy backed by strong employment […]
Russia’s Sberbank to make record $8 bln dividend payout
MOSCOW, April 23 (Reuters) – Russia’s largest lender, state-owned Sberbank (SBER.MM), opens new tab will make a record annual dividend payout of 750 billion […]
JPMorgan China names new heads of China securities unit
HONG KONG, April 23 (Reuters) – JPMorgan Chase & Co (JPM.N), opens new tab appoints Lu Fang to chair the board of its China […]
Morgan Stanley consumer IPO banker Passi leaving the bank,
NEW YORK, April 19 (Reuters) – Morgan Stanley’s (MS.N), opens new tab North America head of consumer and retail equity capital markets (ECM) Tilli […]