India’s road-building authority aims to monetise up to $2.4 bln of assets in 2024/25
India’s highways authority said on Tuesday it plans to monetise up to $2.4 billion worth of road projects in the current fiscal […]
Top UK lenders could be wound down in a crisis without bailouts, BoE checks show
Britain’s top eight banks including HSBC, Barclays, Lloyds and NatWest could be wound down in a crisis without the immediate need for […]
MPS upgrades outlook after quarterly profit soars above forecast
State-owned Italian bank Monte dei Paschi di Siena (BMPS.MI), opens new tab raised its profit outlook on Tuesday after posting much higher- -than-expected second […]
Citi hires Singapore executive from DBS to lead wealth in Asia South
Citigroup (C.N), opens new tab has hired Yeo Wenxian as head of wealth for Asia South region from Singapore’s biggest lender DBS Group Holdings (DBSM.SI), […]
Russia’s largest lender Sberbank to raise mortgage rates, agencies report
Russia’s largest lender Sberbank (SBER.MM), opens new tab will raise its market mortgage rates to a minimum of 20% from Tuesday, Russian agencies reported. […]
Fannie Mae, Freddie Mac set to tighten real-estate lending rules, WSJ reports
Mortgage financing firms Fannie Mae and Freddie Mac are set to impose stricter rules for commercial property lenders and brokers, following a […]
ING lifts 2024 total income guidance to more than 22 billion euros
ING Groep (INGA.AS), opens new tab lifted its 2024 outlook for total income to more than 22 billion euros after posting second-quarter net interest […]
JPMorgan CEO Jamie Dimon opines on next US president without endorsing anyone
JPMorgan Chase (JPM.N), opens new tab CEO Jamie Dimon has outlined his wish list of leadership skills that the next U.S. president should possess, but […]
Credit Agricole Q2 earnings beats estimates on record investment banking sales
Credit Agricole SA (CAGR.PA), opens new tab, France’s second-largest listed bank by market value, beat analyst estimates in the second quarter as its […]
Euro zone investor morale slumps in August, expectations plummet
Investor morale in the euro zone fell for a second consecutive month in August, a survey showed on Monday, dropping to its […]
China asks large state financial institutions to drop auditor PwC, say sources
Chinese regulators have in recent months asked several large state-owned clients of PricewaterhouseCoopers (PwC) to drop the auditor as it braces for […]
Swiss franc hits highest vs euro since 2015 amid volatile markets
The Swiss franc rose to its highest level against the euro in nearly a decade on Monday as heavy losses in stock […]