Wafra Inc, an investment firm backed by Kuwait's public pension fund, said on Monday it has raised $1.5 billion for its fourth flagship fund that will acquire minority stakes in alternative asset managers such as private equity firms.
German-listed shares in Brazil's state-run oil company Petrobras slipped more than 7% in early European trade after leftist leader Luiz Inacio Lula da President Jair Bolsonaro in a runoff election.
The Swiss National Bank's (SNB) balance sheet shrank by nearly 8% in September, data showed on Monday, as plunging valuations on its stock and bond investments and the high value of the Swiss franc reduced the value of its foreign investments.
UniCredit has made a slight upward revision to its guidance for this year's net interest income (NII) excluding Russia after changes to the terms of the European Central Bank's Targeted Longer-term Refinancing Operations (TLTRO).
Dubai's Emirates Central Cooling Systems Corporation (Empower) is set to raise up to 1.33 billion dirhams ($362.1 million) from its (IPO) after the company disclosed an indicative price range on Monday.
Hong Kong's government has proposed allowing retail investors to trade in cryptocurrencies and crypto exchange-traded funds - a move it hopes will help it rebuild its fintech hub status.
Swedbank said on Monday Sweden's financial supervisory authority was investigating an IT incident on April 28 and was assessing a possible sanction against the bank over the incident.
L Catterton, the private equity firm backed by luxury goods empire Louis Vuitton Moet Hennessy, said on Monday it aimed to raise 2 billion yuan ($275.44 million) for its first yuan-denominated fund, as it eyes early-stage investments in China.
The Swiss National Bank lost 142.2 billion Swiss francs ($142.60 billion) in the first nine months of 2022, it said on Monday, as rising interest rates and the stronger Swiss franc slashed the value of the central bank's foreign investments.
Saudi Arabia's gross domestic product expanded by 8.6% in the third quarter compared with the same period in 2021, according to initial government estimates on Monday, as the world's top oil exporter benefits from higher energy prices.
