 | | | | Bank of Nova Scotia (Scotiabank) and Bank of Montreal (BMO) joined their Canadian rivals in beating analysts' expectations for first-quarter profits on Tuesday. | | | | | | The German stock exchange operator Deutsche Boerse said on Tuesday that it was expanding the Russia-related securities that it will no longer trade. | | | | | | The Russian government has ordered the finance ministry to channel up to 1 trillion roubles ($10.3 billion) from the National Wealth Fund to buy shares in Russian companies, a source close to the government told Reuters on Tuesday. | | | | | | Credit Suisse announced on Tuesday three senior appointments to its asset management business, which will operate under a new organisational structure from April 1. | | | | | | Russia's central bank on Tuesday said it had sold 2.39 trillion roubles ($26 billion) at a "fine-tuning" one-day repo auction, as it scrambles to try and maintain some financial stability, having already hiked interest rates to 20%. | | | | | | Commonwealth Bank of Australia , the country's No. 1 lender, said it would sell a 10% stake of China's Bank of Hangzhou for about A$1.8 billion ($1.31 billion), exiting a nearly two-decade-old investment amid market pressure. | | | | | | A number of big investors on Monday filed to end their lawsuits against Allianz after a settlement was reached over their losses in a multibillion-dollar trading debacle at the German asset manager's funds arm. | | | | | | The cost of raising U.S. dollar funds in the euro swaps market rose sharply on Monday after Western nations ramped up sanctions against Russia over the weekend, including blocking some Russian banks from the SWIFT international payments system. | | | | | | Europe's financial market on Monday began severing Russia's ties to its critical plumbing for trading, clearing and settling securities as sanctions on Moscow started to bite. | | | | | | The European Central Bank should hold off on removing any more stimulus for now as the war in Ukraine raises uncertainty and the bank still needs evidence that inflation will not fall back below target, ECB board member Fabio Panetta said on Monday. | | | | | |
