 | | | | French buy-now-pay-later (BNPL) platform Alma said on Thursday it had raised 115 million euros ($131 million) in equity funding as it seeks to speed up its expansion in Western Europe. | | | | | | The European Central Bank is telling euro zone banks zone to step up their defences against cyber attacks, also in the context of geopolitical tensions such as the stand-off between Russia and Ukraine, the ECB's top supervisor said on Thursday. | | | | | | Activist investor Teleios, which holds a 6% stake in Germany's Aareal Bank , on Thursday called for the resignation of the lender's chairman, according to a letter. | | | | | | British insurer Beazley Plc resumed its dividend on Thursday after swinging to an annual profit, helped by rising demand and double-digit growth in the cyber insurance space. | | | | | | DNB reported a 17% rise in fourth-quarter earnings on Thursday, in line with forecasts, as a relaxation of coronavirus restrictions boosted Norway's largest bank. | | | | | | Zurich Insurance expects continued revenue and profit growth in the next two years, its chief financial officer said on Thursday, after the Swiss insurer reported its biggest annual profit since the financial crisis. | | | | | | Credit Suisse on Thursday capped a scandal-ridden year with a $2.2 billion quarterly loss and said 2022 earnings would be weighed down by restructuring and compensation costs. | | | | | | Societe Generale struck a confident note for 2022 on Thursday after the French bank's profit hit 1.79 billion euros ($2.05 billion) in the fourth quarter on lower pandemic-related charges and a retail banking and equity trading rebound. | | | | | | Credit Agricole SA beat its 2022 profit target a year early as lower costs for troubled loans and rising revenues across business lines boosted fourth-quarter results beyond consensus, France's second-biggest listed bank said on Thursday. | | | | | | Canadian insurers Manulife Financial and Sun Life Financial narrowly beat quarterly earnings expectations on Wednesday, driven by strong growth in their asset management units, but Sun Life warned that the spread of the Omicron variant will impact first-quarter earnings. | | | | | |
