 | | | | Agricultural Bank of China Ltd (AgBank) , the country's third-biggest lender by assets, reported a 14% increase in third-quarter profit as banks steadily recover from the impact of the COVID-19 pandemic. | | | | | | Pictet Group and Bangkok Bank PCL on Thursday said they have formed a wealth management strategic alliance for the bank's clients in Thailand. | | | | | | Citigroup wants to pursue a banking license in Saudi Arabia to further boost its business in the kingdom by expanding into trade finance and treasury solutions, a senior executive said. | | | | | | China's Zhongyuan Bank Co , a city lender in the central province of Henan, said it plans to merge with three other local banks amid calls from Beijing for small banks to consolidate to contain risks in the regional banking system. | | | | | | Lloyds Banking Group upgraded its outlook after posting better than expected quarterly profit on Thursday in CEO Charlie Nunn's first set of earnings at the bellwether bank. | | | | | | The banking arm of French mail operator La Poste is planning to buy banking group BPCE's stake in French insurer CNP , the companies said on Thursday, and then plans to make an offer to buy the rest of the insurer in a proposal valuing it at 15 billion euros ($17.40 billion). | | | | | | Italy's second-biggest bank UniCredit raised its 2021 profit and revenue goals on Thursday, strengthening the hand of its new CEO after he walked out of talks to buy troubled rival Monte dei Paschi (MPS) . | | | | | | Spain's Banco Sabadell has no plans to sell TSB for now after recently rejecting an unsolicited offer from Co-op Bank, it said on Thursday, as the British unit helped the group beat third-quarter net profit forecasts. | | | | | | Senior Democrats in the U.S. Congress were at odds on Wednesday over a proposal to tax billionaires' assets to help pay for President Joe Biden's social and climate-change agenda, leaving it unclear if the idea had enough support to become law. | | | | | | Hedge fund Third Point has built a large stake in Royal Dutch Shell and called on the oil major to split into multiple companies to increase its performance and market value. | | | | | |
