Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), has hired banks including Citi and JPMorgan to arrange a debut issuance of multi-tranche U.S. dollar-denominated green bonds, a document showed on Tuesday.
Xavier Niel, the founder and owner of French telecoms group Iliad, is venturing into the crowded payment sector with the aim of applying the same low-cost formula he used for mobile phone services.
Nexi , Europe's biggest payment firm by volume, on Tuesday said it would increase profits more than markets expected over the next three years and generate around 2.8 billion euros ($2.7 billion) in excess cash.
Goldman Sachs Group Inc has closed a $9.7 billion private-equity fund, its largest since 2007, that seeks to invest in companies with an enterprise value of about $750 million to $2 billion, the bank said on Tuesday.
India will account for 5-10% of Ontario Teachers' Pension Plan's (OTPP) assets in the next 15-20 years, as the Canadian fund looks to expand investments in areas such as infrastructure, healthcare and renewables, its CEO told Reuters on Tuesday.
A traditional banking consolidation in Europe is unlikely right now due to a lack of progress regarding the banking union, BBVA Chairman Carlos Torres said on Tuesday.
The Swiss National Bank will do "everything" to reduce inflation, governing board member Andrea Maechler said on Monday, saying last week's rate hike was intended to signal the central bank's determination to fight price increases in Switzerland.
BlackRock on Monday said it was cutting its UK gilt portfolio allocation to underweight as the rout in British government bonds since Finance Minister Kwasi Kwarteng's fiscal statement continued unabated.
Inflation is too high in Canada, so the Bank of Canada needs to increase interest rates to slow spending and give the economy time to catch up, Governor Tiff Macklem said on Monday in a video posted by the central bank on Twitter.
