 | | | | Finnish insurer Sampo on Wednesday beat expectations with a 30% jump in quarterly core earnings, aided by a strong performance from its main subsidiary If and gains from selling a stake in Finnish Nordea bank . | | | | | | Czech investment group PPF, the owner of international consumer lender Home Credit and other assets, reported a net profit of 208 million euros ($240.80 million) in the first half of 2021 after a 384 million euro loss in the same period a year ago, it said on Wednesday. | | | | | | Spain's Unicaja on Wednesday said its recurrent net profit rose 53% year-on-year in the third quarter due to lower provisions and a boost from fees as it integrates Liberbank. | | | | | | Fund manager Quilter set out targets on Wednesday of more than doubling operating profit by 2025 and returning around 350 million pounds ($477.02 million) from the sale of Quilter International to shareholders alongside 2021 results. | | | | | | Credit Suisse will unveil a new centralised structure on Thursday in an attempt to bring its far-flung divisions to heel and draw a line under a string of scandals that have cost the Swiss bank billions of dollars, two sources said. | | | | | | Singapore's second- and third-largest lenders reported better-than-expected quarterly profit increases, building on a recovery from pandemic-hit markets and supported by lower provisions for credit losses. | | | | | | Australia's AMP Ltd said on Wednesday it had agreed to sell its remaining 19% stake in Resolution Life's Australia business to the British company, marking the wealth manager's exit from life insurance. | | | | | | Standard Chartered on Tuesday forecast flat full-year income and dashed investor buyback hopes, sending its shares down 8% despite better than expected quarterly profit. | | | | | | Rising illiquidity in the $14.8 trillion U.S. Treasuries market could spill over into other financial markets as hedge funds reduce their capacity to take on risk, Bank of America warned in a report on Monday. | | | | | | Multiple funds managed by Blackrock are selling about 55 million shares in British e-commerce group THG , a bookrunner said on Monday. | | | | | |
