 | | | | Abu Dhabi Commercial Bank , UAE's third-biggest lender, beat expectations with a 44% rise in fourth-quarter net profit, boosted by higher net fee and commission income on cards and loans. | | | | | | A plan hatched by Cargill Inc and Continental Grain Co to combine two big chicken processors - Sanderson Farms and Wayne Farms - flies in the face of the Biden administration's efforts to fight not just consolidation in the sector, but inflation. | | | | | | Czech billionaire Daniel Kretinsky is set to accept a takeover offer for Germany's Aareal Bank from three financial investors, according to a source. | | | | | | Italy's Treasury is pushing for a change at the helm of Monte dei Paschi (MPS) of which it owns 64%, as the bailed-out lender gears up to tap markets for cash, three sources close to the matter said. | | | | | | A planned increase in British social security contributions from workers and employers will go ahead in April, Prime Minister Boris Johnson and finance minister Rishi Sunak said, despite calls to scrap the rise due to the strain on household budgets. | | | | | | Hong Kong's Bank of East Asia Ltd said on Friday it intends to buy back 8.43% of its total issued shares worth HK$2.904 billion ($372.65 million) owned by hedge fund Elliott Investment Management's affiliated entities. | | | | | | The Securities and Futures Commission is also launching disciplinary proceedings against some former senior managers at Citigroup Global Markets Asia Limited. | | | | | | Lending to euro zone companies accelerated for the fourth straight month in December, reversing a mid-year dip, European Central Bank data showed on Friday. | | | | | | The mood has shifted dramatically a year since a spectacular rally in shares of GameStop captivated Wall Street, launching a mania for so-called meme stocks and putting the spotlight on retail investors as a force to be reckoned with in markets. | | | | | | Japan must cooperate with Europe and the United States in creating a global standard on the technical aspects of issuing a central bank digital currency (CBDC), the chief of Japan's central bank said on Friday. | | | | | |
