Posted at 20:02h
in
News
by KMFSLLP
Italy's biggest bank by assets
UniCredit took a further step on Wednesday in a
strategy to streamline its structure, announcing the placement
of a 12% stake in Turkish bank Yapi Kredi.
...
Posted at 20:00h
in
News
by KMFSLLP
* Indexes up: Dow 1.45%, S&P 0.97%, Nasdaq 0.27%
(Updates to mid afternoon)
...
Posted at 19:58h
in
News
by KMFSLLP
Italy's sixth-largest lender, BPER
Banca, reported a fourth-quarter net loss on
Wednesday, due to one-off charges and further writedowns to
dispose of bad loans.
...
Posted at 19:57h
in
News
by KMFSLLP
U.S. net cash farm income will
fall 11% this year as production costs rise and government aid
programs set up to assist producers during the U.S.-China trade
war wind down, according to a U.S. Department of Agriculture
forecast issued on Wednesday.
...
Posted at 19:44h
in
News
by KMFSLLP
Europe's biggest bank HSBC has
extended its ban on staff travelling to Hong Kong until March 2,
according to an internal memo seen by Reuters, as the death toll
from the coronavirus outbreak continues to climb.
Posted at 19:10h
in
News
by KMFSLLP
Britain will have to decide
whether banks and asset managers should comply with costly new
European Union securities rules that are being delayed from
September until after its transition period for leaving the bloc
ends, lawmakers were told on Wednesday.
Posted at 18:37h
in
News
by KMFSLLP
Investor William Ackman told
clients on Wednesday that Pershing Square Capital Management
exited its Starbucks Corp position as future growth
looks less robust but will stick with last year's biggest
winner, Chipotle Mexican Grill Inc..
Posted at 18:26h
in
News
by KMFSLLP
UK finance needs managed divergence but regulatory autonomy
...
Posted at 17:59h
in
News
by KMFSLLP
A recent gathering pointed the way to a rapprochement between London and Berlin
...
Posted at 17:55h
in
News
by KMFSLLP
One victim defrauded of £975,000
...