 | | | | KKR & Co Inc said on Tuesday its after-tax distributable earnings more than doubled in the fourth quarter, thanks to strong asset sales from its private equity portfolio and record transaction fees from its capital markets business. | | | | | | While U.S. bank stocks had a rocky start to the year, investors and analysts see accelerating loan growth and Federal Reserve interest rate hikes boosting the sector. | | | | | | Bank of America said its measure of confidence among British households in their personal financial situation fell to its lowest since the bank began its survey in 2017. | | | | | | The European Union agreed on Tuesday to prolong until June 30, 2025 permission for Britain's clearing houses to continue serving customers in the bloc, with officials saying it would be the final extension. | | | | | | Danske Bank said on Tuesday it will recommend veteran German banker Martin Blessing as its new chairman, tasked with increasing profitability and steering the Danish lender through one of the world's biggest money laundering scandals. | | | | | | Australia's Macquarie Group Ltd said it booked record quarterly net profit thanks to strong commodity markets and "exceptional" asset sales in infrastructure and other sectors, adding it should continue to benefit as interest rates rise. | | | | | | Bitcoin rose to a four-week high on Monday, climbing for a second consecutive session, driven in part by liquidation of some short positions that have accumulated in the virtual currency's recent three-month downtrend. | | | | | | The designer who won a competition last week for creating Croatia's first one-euro coin said on Monday that he was withdrawing his entry and returning the prize money after social media users suggested that the image was plagiarised. | | | | | | Assets in European funds marketed as sustainable have hit 4 trillion euros -- almost 40% of all assets managed in European Union-domiciled funds -- Morningstar said on Monday in the latest sign of soaring demand for products considered greener. | | | | | | 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. | | | | | |
