 | | | | Canada's Brookfield Asset Management Inc is in talks to buy the payments business of UAE's biggest lender First Abu Dhabi Bank PJSC , Bloomberg News reported on Tuesday. (https://bloom.bg/3p7qWQH) | | | | | | Oaktree has hired Morgan Stanley to sell a stake in Banca Progetto in a deal that could value the challenger bank at up to $565 million, one of the biggest transactions in Italy's blooming digital bank industry, sources told Reuters. | | | | | | The Russian central bank on Tuesday said it was ready to take all necessary measures to support financial stability, as Russian assets were hammered after Moscow sent what it called "peacekeeping" forces into eastern Ukraine. | | | | | | Shares in Russia's two largest lenders, Sberbank and VTB , reversed early losses to trade higher on Tuesday after the state-controlled groups escaped British sanctions on Russian banks. | | | | | | European banks on Tuesday were bracing for fallout and fresh sanctions after Russia ordered troops into breakaway regions of eastern Ukraine, with HSBC warning of market contagion and Austria's Raiffeisen Bank International readying "crisis plans". | | | | | | Investors are reviving one of the most unprofitable wagers of the past two decades and betting that a combination of politics and price pressures would prompt the unthinkable: a hawkish shift at the Bank of Japan, perhaps as soon as the summertime. | | | | | | The boss of HSBC , one of Europe's largest banks, said on Tuesday he was concerned about the risk of "wider contagion" for global markets from the deepening crisis in Ukraine. | | | | | | Britain's biggest retail stockbroker Hargreaves Lansdown on Tuesday reported slower growth than analysts had expected in the assets it manages and net new business for the half year to December, sending its shares sliding over 15%. | | | | | | HSBC brought forward its key profitability target by a year and more than doubled its annual profit as expected bad loans from the COVID-19 pandemic failed to materialise, and it pointed to rising interest rates lifting its income. | | | | | | UniCredit is revamping its structure so that all domestic companies from small businesses to large multinationals are looked after by one division, Italy's second largest bank said on Monday. | | | | | |
