Banking
Swedbank profit tops forecast
Swedish bank Swedbank reported better-than-expected net profit for the third quarter on the back of continued strong growth for mortgages and record commission income. Nordic economies have
Swedish bank Swedbank reported better-than-expected net profit for the third quarter on the back of continued strong growth for mortgages and record commission income. Nordic economies have
Credit Suisse Group AG will pay about $475 million to American and British authorities for resolving the bribery and fraud charges relating to a $2
Mediobanca endorsed a request by its top shareholder Leonardo Del Vecchio to ditch a rule reserving up to three board seats to managers of the
The Asian Development Bank‘s will boost its climate financing goals by $20 billion to a new target of $100 billion for the 2019-2030 period. They are
French bank Societe Generale said that it will cut 3,700 jobs between 2023 and 2025. This is as it merges its retail network with that
Islamic banking is becoming increasingly popular. At Al Rayan Bank is the UK’s largest Islamic bank. They are currently estimating that, more than a third
Citigroup has hired Luisa Leyenaar-Huntingford from Goldman Sachs. This new hire is to co-head its global infrastructure franchise. Because, it seeks to win more business
Major banks in Britain made a slight dent in their gender pay gaps. Several insurers went backwards. Companies in Britain with more than 250 employees
Japan’s outgoing finance minister, Taro Aso, said that he had proposed lowering the central bank’s 2% inflation target. This is when the prices took a
Keeping the inflation elevated longer, the supply constraints thwarting global economic growth could still get worse. The world’s top central bankers warned that this is
Purus ut praesent facilisi dictumst sollicitudin cubilia ridiculus.