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Swedish lender Swedbank reported slightly worse than expected quarterly earnings on Wednesday, with a drop in interest income disappointing investors and sending its shares down more than 4%. |
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Julius Baer remained upbeat on Wednesday about a pickup in client activity despite reporting a slowdown in the latter half of 2021, which raised some concerns about its outlook going forward. |
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Spain's Santander released 750 million euros ($846 million) in pandemic-related provisions in the fourth quarter, betting on an economic recovery in its main markets and helping boost net profit eight-fold compared to a year earlier. |
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Low inflation had spoiled U.S. investors for so long that last year's sudden surge came as a shock. |
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A U.S. judge on Tuesday refused to dismiss a class-action lawsuit by investors accusing Credit Suisse Group AG of conspiring to rig prices in the approximately $6.6 trillion-a-day foreign exchange market. |
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Buyout firm KKR & Co Inc is exploring a sale or an initial public offering for Optiv Security Inc, a U.S. cybersecurity solutions distributor and consultant it controls at a valuation of more than $3 billion, including debt, according to people familiar with the matter. |
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Private equity firm Carlyle Group Inc said on Tuesday it was targeting net zero greenhouse gas emissions by 2050 or sooner, across its investments. |
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UBS Chief Executive Ralph Hamers said on Tuesday he expects to see more local mergers and acquisitions than cross-border consolidation in the European banking industry. |
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French bank Societe Generale and Dutch rival ING said they were discussing the possibility of serving ING's online banking customers in France via SocGen's Boursorama, after ING's decision to quit the French market. |
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Spanish bank Ibercaja has postponed an initial public offering (IPO) because of the volatility in international markets, the bank said on Tuesday in a filing to the Madrid market regulator. |
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