Swedish financial institution SEB’s working revenue beats forecast in Q1
STOCKHOLM, April 26 (Reuters) – Swedish financial institution SEB (SEBa.ST) reported first-quarter working revenue above market expectations on Wednesday as…
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Vonovia to promote 1 billion euro stake in residential portfolio to Apollo
BERLIN, April 26 (Reuters) – Vonovia (VNAn.DE) has agreed to promote a minority stake in its Suedewo residential portfolio to…
Swiss regulator says two banks’ disaster plans are inadequate
ZURICH, April 26 (Reuters) – Swiss monetary regulator FINMA has labelled the restoration and backbone plans of two of Switzerland’s…
Man Group belongings edge up in Q1, internet flows boosted by demand for alternate options
LONDON, April 26 (Reuters) – London-listed hedge fund Man Group (EMG.L) reported greater than $1 billion of internet flows into…
McCarthy’s debt-ceiling invoice checks unity of U.S. Home Republicans
WASHINGTON, April 26 (Reuters) – The U.S. Home of Representatives may as early as Wednesday vote on a invoice to…
Russia’s VTB to launch digital financial institution on VKontakte social community
MOSCOW, April 26 (Reuters) – Russian state-owned financial institution VTB (VTBR.MM) will launch a digital financial institution throughout the cell…
Citigroup’s Asia Q1 wealth income jumps 20% amid new purchasers, funding beneficial properties
HONG KONG, April 24 (Reuters) – Citigroup’s (C.N) Asia wealth income surged 20% within the first quarter of 2023, backed…
EU regulators set out concepts to plug local weather ‘insurance coverage hole’
LONDON, April 24 (Reuters) – Issuing “disaster bonds” and establishing public-private partnerships may assist plug the “insurance coverage hole” to…
Brazil woos sceptical overseas traders with new fiscal plan
Brazil targets investor money to assist gasoline restoration Newly outlined fiscal guidelines, sturdy cenbank cheer markets Traders nonetheless fret over…
Russia’s Sberbank releases ChatGPT rival GigaChat
April 24 (Reuters) – Russian lender Sberbank (SBER.MM) stated on Monday it had launched know-how referred to as GigaChat as…