Nasdaq profit beats as fintech sales jump, shares soar
Nasdaq’s (NDAQ.O), opens new tab second-quarter profit topped Wall Street estimates on Thursday, driven by strong demand for its products that help traders navigate […]
Lloyds profit slides 14% as slow economy and rising costs bite
Lloyds Banking Group (LLOY.L), opens new tab reported a 14% fall in first half pretax profit to 3.3 billion pounds ($4.25 billion) on Thursday, […]
Julius Baer shares slide on profit miss, tepid cash inflows
wiss private bank Julius Baer’s (BAER.S), opens new tab shares fell 10% on Thursday after the wealth manager missed profit forecasts and reported only […]
Warburg Pincus names Sibbald as Europe head, Obermann chair of European business
Global private equity equity firm Warburg Pincus, which was founded in the U.S., has named Andrew Sibbald sole head of Europe and […]
Australia’s ANZ fires staff amid multiple dealing room investigation
Australian bank ANZ (ANZ.AX), opens new tab said it has fired or suspended traders from its markets business over allegations of inappropriate behaviour and […]
Australia’s Macquarie says first-quarter operating performance flat, shares slide
Top Australian investment bank Macquarie Group (MQG.AX), opens new tab said on Thursday its first-quarter operating group contribution was broadly in line with last […]
UK data watchdog blocks naming of banks which lost COVID loan guarantees
Britain’s information watchdog has rejected a Reuters appeal to identify lenders who have lost or surrendered state guarantees on millions of pounds […]
India’s Axis Bank misses Q1 profit view on higher provisions
Axis Bank (AXBK.NS), opens new tab, India’s third-largest private bank by market capitalisation, reported a smaller-than-expected first-quarter profit on Wednesday as it set […]
Visa reports rare quarterly revenue miss, shares drop
Visa’s (V.N), opens new tab third-quarter revenue growth fell short of Wall Street targets in a rare miss for the world’s largest payments processor […]
Britain makes it tougher for banks to close branches
Banks in Britain must comply with tougher rules from September that require them to delay branch closures until they can show regulators […]
Deutsche Boerse raises 2024 guidance after Q2 profit beat
German exchange operator Deutsche Boerse (DB1Gn.DE), opens new tab on Wednesday posted a 13% rise in second-quarter net profit, better than analysts had expected, […]
Bank of England unveils new stability tool to soothe gilt market ructions
The Bank of England on Wednesday set out details of a new financial stability tool that insurers and pension funds will be […]