Norway wealth fund backs NatWest plan to buy more state-owned stock
STOCKHOLM, April 18 (Reuters) – Norway’s $1.6 trillion sovereign wealth fund, one of the world’s largest investors, said on Thursday it would […]
Northern Trust profit falls on hit from debt investment sale
April 16 (Reuters) – Asset and wealth manager Northern Trust (NTRS.O), opens new tab posted a 38% fall in first-quarter profit on Tuesday as […]
Korean won at 17-month low on Middle East woes, Fed rate view
The South Korean won currency on Tuesday fell to its weakest level in 17 months, briefly touching the psychologically important 1,400 per […]
Bank of America profit falls on lower customer interest payments
April 16 (Reuters) – Bank of America’s (BAC.N), opens new tab first-quarter profit fell as its consumer division weakened and the lender wrote off […]
HSBC lays off at least a dozen Asia dealmakers amid weaker activities,
HONG KONG, April 16 (Reuters) – HSBC (HSBA.L), opens new tab is laying off more than a dozen of its investment banking staff in […]
Russia’s External Debt Drops to $304B in Q1 2024 – Central Bank
Russia’s overseas debt fell by $12.8B, or 4.1%, to $304B in the first quarter of 2024, according to a statement on the […]
BlackRock assets hit record $10.5 trillion as markets surge
April 12 (Reuters) – Assets at BlackRock (BLK.N), opens new tab hit a record $10.5 trillion in the first quarter and the firm posted […]
UBS could need $10 bln-$15 bln in extra capital to meet new Swiss rules, analyst says
ZURICH, April 11 (Reuters) – UBS (UBSG.S), opens new tab might need to retain $10 billion to $15 billion in excess capital after Switzerland’s […]
Fed likely to cut rates before ECB blinks, former BOE member says
The U.S. Federal Reserve is likely to cut interest rates before the European Central Bank does, a former member of the Bank of England said, defying current market […]
HSBC to accelerate China wealth expansion, on track to meet hiring target
HONG KONG, April 9 (Reuters) – HSBC (HSBA.L), opens new tab plans to accelerate the expansion of its wealth business in China despite economic […]
West Virginia treasurer adds four finance firms to ESG blacklist
NEW YORK, April 8 (Reuters) – West Virginia added four financial firms on Monday to a list of institutions that may be […]
Royal Bank of Canada fires CFO over undisclosed relationship
April 5 (Reuters) – Royal Bank of Canada (RY.TO), opens new tab on Friday said it appointed Katherine Gibson as interim Chief Financial Officer, […]