 | | | | The Swiss government on Thursday reported 6.3 billion Swiss francs ($6.33 billion) worth of Russian assets frozen under sanctions to punish Moscow's invasion of Ukraine, a drop from early April as around 3.4 billion francs in provisionally blocked assets were released. | | | | | | Italian payments group Nexi on Thursday stuck to its 2022 outlook after reporting a 7.1% rise in first quarter revenue as recovering tourist flows drove "higher impact" transactions such as hotel bills. | | | | | | Irish fintech Wayflyer has secured and begun deploying $300 million in debt financing from J.P. Morgan and now expects to advance up to $2.5 billion to e-commerce firms this year, it said on Thursday. | | | | | | Brookfield Asset Management Inc , said on Thursday it will separate and list 25% of the stake in its asset management unit, months after the Toronto-based company said it was considering the move to open up growth options. | | | | | | Greek lender Piraeus Bank on Thursday reported a sixfold jump in first quarter net earnings from last year's fourth quarter, boosted by strong trading income. | | | | | | HSBC Holdings said on Thursday it was launching a $1 billion lending fund to invest in female-owned businesses over the next 12 months. | | | | | | Japan's SoftBank Group Corp reported a record $26.2 billion loss at its Vision Fund investment arm on Thursday, as rising interest rates and political instability whiplashed high-growth tech stocks. | | | | | | Allianz , which has already stopped accepting new business in Russia, will probably fully exit the country, the German insurer's finance chief said on Thursday. | | | | | | Zurich Insurance said on Thursday it expects to exceed all its 2022 financial targets, as it reported a double-digit first-quarter rise in premiums and said its losses from the Ukraine conflict were likely to be immaterial. | | | | | | Citigroup is looking for a new senior manager within its Delta One operations, a trading unit that sells financial products to sophisticated investors, according to three people familiar with the matter and a job advertisement posted by the bank last week. | | | | | |
