 | | | | A Munich district court said it had admitted charges against former Wirecard executives, paving way for a trial into Germany's biggest post-war fraud scandal at the now-defunct company. | | | | | | UniCredit is focused on delivering targets set under its business plan, though it remains ready to seize M&A opportunities in all the markets where it operates, CEO Andrea Orcel said on Wednesday. | | | | | | Major Wall Street banks have threatened to leave United Nations climate envoy Mark Carney's financial alliance over legal risks, the Financial Times reported on Wednesday, citing several people involved in internal talks. | | | | | | Britain's financial watchdog has proposed reforming how apartment blocks are insured after the deaths of 72 people in the Grenfell Tower fire in London led to rocketing premiums on policies. | | | | | | Italy's second-biggest bank UniCredit said on Wednesday it was kicking off its second share buyback this year, for up to 1 billion euros ($990 million), which it expects to conclude by the end of November. | | | | | | Indian banks are likely to see a 90 basis points fall in gross non-performing assets (NPAs) to 5% in this fiscal year to March and further improve to 4% by end of March 2024, rating agency Crisil said on Wednesday. | | | | | | HDFC Bank on Wednesday signed a multi-year data and technology agreement with Refinitiv, a London Stock Exchange Group business, as the Mumbai-based lender looks to reach more customers and cut costs. | | | | | | Australia's Link Administration said on Wednesday Britain's financial regulator may fine the company's UK unit 50 million pounds ($56.86 million) in addition to potential 306.1 million pounds in redress over its management of a now defunct fund. | | | | | | Loctax, which helps companies better manage their tax reporting, said on Tuesday it had raised $12 million in its latest funding round, led by London-based Index Ventures. | | | | | | U.S. legislators will grill the bosses of the biggest U.S. consumer banks in Congress on Wednesday and Thursday on a slew of topics from the state of the economy to hot-button issues including abortion and climate. | | | | | |
