Wednesday, 2 February 2022

Reuters Global Investor: Swedbank shares hit by interest income dip

Swedbank shares hit by interest income dip

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%.

Julius Baer upbeat on client activity despite slower second half

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.

Santander lifts profits as it releases pandemic provisions

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.

How to invest for inflationary times

Low inflation had spoiled U.S. investors for so long that last year's sudden surge came as a shock.

Credit Suisse must face investors' currency rigging lawsuit in New York

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.

452x236_Images for Reuters Newsletters-6_MCT-1887.png
Sponsored by Capital.com: What is Metaverse? The future of the internet?

As companies race to build the metaverse, Capital.com explores what it is, how the metaverse works and speaks to some of the people creating it.

FIND OUT MORE

EXCLUSIVE KKR explores sale or IPO of cybersecurity consultant Optiv -sources

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.

PE firm Carlyle commits to net zero greenhouse gas emissions by 2050

Private equity firm Carlyle Group Inc said on Tuesday it was targeting net zero greenhouse gas emissions by 2050 or sooner, across its investments.

UBS CEO expects more local bank consolidation than European deals

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.

SocGen and ING in talks over using SocGen's Boursorama for ING retail customers

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.

Spanish bank Ibercaja postpones IPO due to market volatility

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.

Related Videos

Tech takes a beating as central banks pull back

Central bank moves spell trouble for tech -analyst

Santa Claus rally faces 'a battle' this year -analyst