 | | | | Real estate investment trust Preferred Apartment Communities Inc said on Wednesday Blackstone Real Estate Income Trust will buy it in a $5.8 billion deal. | | | | | | Commerzbank on Wednesday announced that board member Sabine Schmittroth would leave the German lender at the end of the year. | | | | | | Two activist investors in Generali on Tuesday urged Italy's leading insurer to engage in "an open and constructive dialogue" to overcome issues that have held back its growth. | | | | | | Coinbase Global on Tuesday said it is launching a pilot program to allow cryptocurrency recipients in Mexico to cash out their funds in pesos, a move aimed at shaking up the $700 billion global remittance market. | | | | | | The Saudi cabinet has approved the licensing of a third digital bank, called D360 Bank, with a capital of 1.65 billion riyals ($440 million), the central bank said on Tuesday. | | | | | | U.S. Senate action on President Joe Biden's five nominees to the Federal Reserve stalled Tuesday after Republicans boycotted a key vote over objections to Sarah Bloom Raskin, the White House's pick to be the central bank's Wall Street regulator. | | | | | | Investors have ramped up their underweight tech position to its largest in more than 15 years as central bank tightening remained the top risk to global markets in 2022, according to a monthly fund manager survey by BoFA Securities. | | | | | | Brazilian state-controlled lender Banco do Brasil SA said in a filing on Monday that its 2022 net income is likely to rise by up to 23.7% from last year, despite a slower loan book growth. | | | | | | Federal investigators have launched a probe into block trading at Wall Street hedge funds and banks including Morgan Stanley and Goldman Sachs Group Inc , the Wall Street Journal reported, citing people familiar with the matter. | | | | | | Citigroup Inc Chief Executive Officer Jane Fraser will be paid $22.5 million for 2021, a 31.6% increase from the previous year when she was the president of the bank and the head of its consumer businesses, the bank disclosed on Monday. | | | | | |
