 | | | | Global equity funds lured big inflows in the seven days to Feb. 2 on optimism over strong earnings from U.S. technology companies and on hopes that inflation would ease later this year. | | | | | | Italy's biggest bank Intesa Sanpaolo dashed market hopes it could match rival UniCredit and return all additional profits to investors in coming years, saying it had to first to tackle challenges for its business. | | | | | | Tech stocks staged a tentative rebound across financial markets on Friday as stellar results from Amazon.com Inc convinced traders not to give up on a sector weakened by a global monetary tightening cycle and the historic crash of Facebook owner Meta. | | | | | | Credit Suisse has signed a deal with Barclays to take on rich clients in parts of Africa after it decided to exit wealth management in nine countries, the Swiss bank said on Friday, confirming an earlier Bloomberg report. | | | | | | Investment banks brought forward their calls on European Central Bank interest rate hikes after a hawkish turn from the ECB that opened the door to the possibility of increased borrowing costs this year. | | | | | | Diverging earnings from megacap growth stocks are fueling wild swings in equities, opening the door for more volatility on the heels of last month's sharp drop as investors grow more discerning in the names they pick. | | | | | | Unnerved by the sabre-rattling between Russia and the West over Ukraine, traders are scouring global markets for investments that could provide them with protection against losses in case the conflict escalates. | | | | | | A Mexican entrepreneur close to President Andres Manuel Lopez Obrador told Reuters that he has begun hiring financial advisers and law firms to prepare a bid for Citibanamex, Citigroup's Mexican consumer banking arm. | | | | | | Deutsche Bank closed its short trade on the euro and recommended clients to enter into a long euro/dollar trade on Thursday after the European Central Bank acknowledged the bloc's inflationary situation has changed. | | | | | | Italian challenger bank Banca CF+, backed by U.S. hedge fund Elliott Management, could consider a bourse listing in the next five years, its chief executive said on Thursday. | | | | | |
