 | | | | Monte dei Paschi di Siena (MPS) 's seventh capital raising in 14 years was always going to be a hard sell, now Italy's political crisis risks turning it into a mission impossible. | | | | | | Allied Irish Banks on Friday shelved plans to drop cash services in 70 of its 170 branches after a major political backlash against the decision over its likely impact on small businesses and rural communities. | | | | | | American Express Co raised its annual revenue forecast on Friday as consumers shrug off decades-high inflation and the threat of a recession to spend heavily on its cards, sending the company's shares 5% higher in premarket trading. | | | | | | Individuals or entities who are sanctioned by Britain can make payments to insurers from a frozen bank account, the British sanctions office said on Friday | | | | | | Alpha Bank , one of Greece's four largest lenders, said on Friday it signed a binding agreement to sell a 400 million euro ($407 million) portfolio of unsecured bad loans to Hoist Finance AB for 34 million euros. | | | | | | Inflation in Poland may keep rising in 2023, central banker Przemyslaw Litwiniuk said on Friday, warning that a government coal subsidy for households would add to prices pressures. | | | | | | Danske Bank will not pay 2021 dividends, meant to be paid out each quarter this year, as it is still in discussions with Danish and U.S. authorities over involvement in a money laundering scandal in Estonia, the bank said on Friday. | | | | | | Julius Baer will no longer charge negative interest rates on client deposits in euros, Swiss francs or Danish krone, the Swiss private bank said on Friday, citing the European Central Bank's Thursday decision to hike its main interest rate to 0%. | | | | | | Qonto, a French online bank for small and medium-sized companies (SMEs), announced on Friday its intent to acquire German rival Penta, in a move that aims to create a European digital business finance leader with more than 300,000 customers. | | | | | | Insurance Australia Group said on Friday its annual insurance margin could dip below its forecast as natural peril costs continue to grow due to severe storms and flooding in the country, sending its shares 2% lower in early trade. | | | | | |
