UK’s Lloyds beats revenue forecasts, alerts stresses forward
LONDON, Could 3 (Reuters) – Rate of interest rises helped British financial institution Lloyds (LLOY.L) beat first quarter revenue forecasts…
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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…
HSBC shareholder Ping An to vote for financial institution’s break-up at annual assembly -source
HONG KONG/LONDON, April 17 (Reuters) – HSBC’s (HSBA.L) largest shareholder Ping An is prone to vote in favour of splitting…
Morgan Stanley a step nearer to establishing futures firm in China
SHANGHAI/SINGAPORE, April 6 (Reuters) – Morgan Stanley (MS.N) stated on Thursday it appears to be like ahead to establishing a…
Factbox: Firms promote their companies in Russia
Oct 11 (Reuters) – Some Western corporations have agreed to promote their Russian property or hand them over to native…
UBS CEO tells Credit score Suisse workers to remain centered on shoppers and the enterprise
ZURICH, April 6 (Reuters) – UBS (UBSG.S) Chief Govt Sergio Ermotti has advised Credit score Suisse (CSGN.S) workers it’s “essential”…
Banks too reluctant to faucet money buffers in a disaster, Financial institution of England says
LONDON, April 3 (Reuters) – Banks are overly reluctant to faucet their money buffers in unstable markets, fearing hostile response…
Swiss sight deposits fall, suggesting Credit score Suisse, UBS took much less emergency assist
ZURICH, April 3 (Reuters) – Sight deposits held by the Swiss Nationwide Financial institution declined final week, knowledge confirmed on…
Evaluation: Increase in European financial institution earnings hints at a rally with legs
Financials earnings progress fee surges virtually 45% STOXX banks climbs to 5-year excessive UniCredit shares up a whopping 35% YTD…
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