 | | | | 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. | | | | | | A key U.S. Senate panel is set on Tuesday to vote on President Joe Biden's slate of nominees to lead the Federal Reserve, including the renomination of Jerome Powell as chair and Sarah Bloom Raskin as 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. | | | | | | An ex-Credit Suisse manager told a Swiss court on Monday that millions of euros were paid out of accounts linked to a Bulgarian wrestler at the centre of an international drugs probe, despite the bank's legal compliance department being alerted. | | | | | | Italy's fifth-largest bank BPER Banca has agreed to buy troubled rival Carige , it said late on Monday, in a deal that will end a seven-year crisis at the regional lender. | | | | | | Spain's BBVA on Monday said it agreed to buy an additional 21.7% stake in Neon Payments for around $300 million after taking part in a share capital increase. | | | | | | Credit Suisse has recovered more cash from the frozen supply chain finance funds linked to Greensill and has filed seven insurance claims in the matter so far, its asset management arm said on Monday. | | | | | |
