 | | | | Activist investment firm Ides Capital Management has nominated two directors to the board of Safety Insurance Group and wants the company to buy back shares, cut costs and improve financial disclosure, according to a letter seen by Reuters. | | | | | | Goldman Sachs Group Inc profit fell nearly 13% and missed expectations on Tuesday as a less volatile equity market hurt trading business and dampened a bumper year for deals, sending the shares of Wall Street's premier investment bank down 4%. | | | | | | Goldman Sachs Group Inc reported a fall in fourth-quarter profit on Tuesday due to weak trading activity, but a bumper year for mergers and acquisitions helped Wall Street's premier investment bank post record full-year profits. | | | | | | For companies and other money market investors looking to increase returns from almost zero, opportunities should arise this year as the Federal Reserve begins unwinding its extraordinary pandemic-era stimulus. | | | | | | Germany's cartel office said on Tuesday it was reviewing plans filed by Swedish financial investor EQT to acquire 100% of the German private credit bureau Schufa. | | | | | | High-flying tech stocks, the darling of the pandemic, are the most shunned counters in the opening weeks of 2022 as investors see a flurry of rate hikes from central banks as the top risk to markets, investor surveys said on Tuesday. | | | | | | Britain's payments regulator on Tuesday fined five payments companies including Mastercard a total of 33 million pounds ($45.01 million) for cartel behaviour involving prepaid cards issued to vulnerable people on welfare benefits. | | | | | | Petershill Partners , the London-listed investment firm floated by Goldman Sachs last year, said it made $458 million of investments in the fourth quarter. | | | | | | Sri Lanka will introduce new laws to attract investments while policies to develop exports, tourism and remittances will be fast-tracked in a bid to rebuild foreign exchange reserves, President Gotabaya Rajapaksa told parliament on Tuesday. | | | | | | Jefferies Financial Group Inc is abandoning an effort to raise a $1 billion fund to buy stakes in private equity fund managers, giving up on a niche and lucrative corner of asset management, people familiar with the matter said. | | | | | |
