Barclays Flags Cost Cuts as Traders Miss, UK Guidance Drops
Barclays Plc is planning to cut costs after the banking giant’s trading division missed estimates in the third
2023-10-24 16:29
Novartis Lifts Outlook After Shedding Sandoz Generics
Novartis AG raised its profit forecast for a third time in the drugmaker’s first report after spinning off
2023-10-24 15:58
Goldman, Citigroup Drop Off Investcorp Capital’s Abu Dhabi IPO
Goldman Sachs Group Inc. and Citigroup Inc. have dropped off the planned Abu Dhabi initial public offering of
2023-10-24 15:54
UniCredit Says It Won’t Pay Bank Tax, Lifts Revenue Goals Again
UniCredit SpA said it will use a get-out clause to avoid paying the Italian government’s bank windfall tax,
2023-10-24 14:24
Asia Stocks to Catch Breath After Wild Bond Moves: Markets Wrap
Asian stocks are set for a cautious opening after the S&P 500 edged down to its lowest close
2023-10-24 07:59
Morgan Stanley’s Rating Cut Over Lack of Succession Clarity
Morgan Stanley can’t seem to catch a break when it comes to Wall Street’s views on the firm.
2023-10-24 04:50
Israel Latest: Western Leaders Link Efforts to Stop War’s Spread
US President Joe Biden talked with leaders from Canada, France, Germany, Italy and the UK, intensifying diplomatic coordination
2023-10-23 15:23
Asia Bank Margins to Dip as Rate Hikes Sink in, Bad Loans Grow
Lending margins will be in focus this week when Asia’s largest banks report earnings, amid peaking interest rates
2023-10-23 14:15
ECB’s €5.3 Trillion Challenge Is Forcing a Rethink of Rate Plumbing
European Central Bank officials weighing whether they’ve raised borrowing costs far enough are confronting a related challenge: how
2023-10-23 12:50
A Shrinking $1.3 Trillion Securities Market Is Bad News for the Economy
For a fleeting moment this month, investment bankers in leveraged finance — the lucrative lending that oils the
2023-10-23 12:47
Chinese Yuan Pressured by Biggest Capital Exodus Since 2016
Capital is exiting China at the fastest pace in more than seven years, piling extra pressure on the
2023-10-23 10:51
Africa Can Figure Out Their Climate Policy, Tshabalala Says
African nations have the “right and urgent duty” to develop their natural resources and economies to improve the
2023-10-23 00:50