Monday, 16 May 2022

Reuters Global Investor: Russia's Jan-April current account surplus more than triples to $96 bln

Russia's Jan-April current account surplus more than triples to $96 bln

Russia ran a current account surplus of $95.8 billion in the first four months of 2022, up from $27.5 billion in the same period last year, central bank data showed on Monday.

Romania sells 365.8 mln lei of June 2026 bonds, yields up

Romania's finance ministry sold more than planned 365.8 million lei ($77.17 million) worth of June 2026 treasury bonds on Monday at an average accepted yield of 8.02%, central bank data showed.

Barclays to refile U.S. statements this month, resume buyback

Barclays said it expects to refile financial statements with U.S. regulators by the end of May, paving the way to resume a 1 billion pound ($1.23 billion) buyback programme it halted following a trading blunder earlier this year.

Grayscale to launch digital assets ETF in UK, Italy, Germany

Grayscale will list an exchange-traded fund (ETF) in Europe made up of companies representing the "Future of Finance", the world's largest cryptocurrency asset manager said in a statement on Monday.

JPMorgan's Dimon faces shareholder advisory vote on $52.6 million retention award

Long-time JPMorgan Chase & Co Chief Executive Jamie Dimon will find out on Tuesday how shareholders feel about a special $52.6 million stock option award he received to stay on for five more years, which is opposed by two key investor advisory firms.

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UniCredit, Citi consider swapping assets with Russian institutions, Financial Times reports

UniCredit SpA and Citigroup are exploring asset swaps with Russian financial institutions as western banks trying to avoid heavy writedowns as they exit Russia, the Financial Times said on Sunday.

New Goldman Sachs policy gives bosses unlimited days off, The Telegraph reports

Goldman Sachs Group Inc will allow its partners and managing directors to take as much time off as they want under a new "flexible vacation" scheme to promote "rest and recharge," The Telegraph reported on Saturday, citing an internal memo.

Goldman Sachs officials reach $79.5 million shareholder settlement over 1MDB scandal

Goldman Sachs Group Inc officers and directors reached a $79.5 million settlement to resolve shareholder claims that their poor oversight contributed to the bank being enmeshed in the looting scandal at Malaysia's 1MDB sovereign wealth fund.

Goldman Sachs boosts recruiting team in push to meet diversity goals

Goldman Sachs Group Inc has doubled its diversity recruiting team and increased its budget by $10 million to help meet its goals to add more women, Blacks and Latinos to its workforce, Chief Diversity Officer Megan Hogan told Reuters on Friday.

Credit Suisse says its chairman 'clearly endorsed' CEO Gottstein

Credit Suisse Group AG said on Friday in a statement its chairman Axel Lehmann "clearly endorsed" the bank's Chief Executive Officer Thomas Gottstein and that nothing had changed in this regard, following a Bloomberg story that it was considering a replacement.

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