Thursday, 13 January 2022

Reuters Global Investor: British lawmakers target Visa and Mastercard fee increases

British lawmakers target Visa and Mastercard fee increases

British lawmakers plan to scrutinise increases in the fees Visa and Mastercard charge businesses after the country's payments regulator found no evidence to justify the rises, a parliamentary committee said on Thursday.

Credit Suisse files five insurance claims on Greensill-linked funds

Credit Suisse has filed five insurance claims related to $1.17 billion in exposure across two of its Greensill-linked supply chain finance funds, the bank said on Thursday.

Fed's Harker open to more than three rate hikes in 2022 if inflation worsens - FT

Philadelphia Federal Reserve Bank President Patrick Harker said he would currently support three interest rate hikes this year, starting from March, and would be open to more if inflation worsens.

British financial services achieve third quarter of growth -survey

Britain's financial services grew for the third quarter in a row in the last three months of 2021 and at their fastest pace since mid-2017, even though COVID-19 dampened optimism, a survey of 105 firms in the sector showed.

Deutsche Bank promotes insider Trisha Taneja in ESG push

Deutsche Bank said on Wednesday it has appointed Trisha Taneja as the global head of environmental, social and governance (ESG) for the origination and advisory division.

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Sponsored by Capital.com: What is Metaverse? The future of the internet?

As companies race to build the metaverse, Capital.com explores what it is, how the metaverse works and speaks to some of the people creating it.

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HSBC in talks to move NYC headquarters to Hudson Yards' Spiral - Bloomberg News

HSBC Holdings Plc is in talks to move its New York headquarters to a tower in the Hudson Yards district, Bloomberg News reported on Wednesday.

Colombia's Grupo Gilinski to become 2nd-largest shareholder in Grupo SURA, Nutresa

Colombia's Grupo Gilinski is to become the second-largest shareholder in Grupo SURA and Nutresa after securing 25.42% and 27.69% of each company's shares respectively, the Colombian Stock Exchange said in two separate statements on Wednesday.

Credit Suisse hires investment banking advisory heads in Britain, France

Credit Suisse has appointed heads of its new investment banking advisory in Britain and France, the bank said on Tuesday, a business the lender is aiming to boost as part of a wider restructuring announced in November.

Insurer Zurich could exceed 2022 financial targets, says CEO

Zurich Insurance could exceed its targets for the 2022 financial yearas the business has performed well during the COVID-19 pandemic, CEO Mario Greco said on Wednesday.

Activist fund Starboard nominates four directors to Huntsman board

Activist hedge fund Starboard Value LP has nominated four directors, including its own chief executive, to Huntsman Corp 's board, arguing that new members would help maximize the chemical maker's potential.

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