Portugal's largest listed lender,
Millennium bcp, posted on Thursday what its CEO called "the
bank's best results in 12 years", with a steep 12.4% rise in
2019 pre-tax profit as its net interest income rose almost 9%
and it gained more clients.
A team from the International
Monetary Fund (IMF) met Lebanese government officials on
Thursday at the start of a visit to advise on how to tackle the
country's crippling financial and economic crisis.
Morgan Stanley said on Thursday it
would buy discount brokerage E*Trade Financial Corp in
a stock deal worth about $13 billion, the biggest acquisition by
a Wall Street bank since the 2008-2009 financial crisis.
European shares eased from record highs
on Thursday, as a raft of disappointing earnings added to
concerns about the global impact of the coronavirus outbreak
after research suggested the illness is more contagious than
Unicredit Spa Chief Executive
Officer Jean-Pierre Mustier has emerged as one of the main
external candidates for the top job at HSBC Holdings Plc
, Bloomberg reported on Thursday, citing sources
familiar with the matter.
Portugal's largest listed bank,
Millennium bcp, posted on Thursday a steep 12.4% rise in 2019
pre-tax profit as its net interest income rose almost 9%,
although net profit was little changed at 302 million euros
($326 million) as it paid more tax.