Britain's biggest domestic bank Lloyds said on Thursday it would not support direct financing to develop new oil and gas fields, joining a small number of lenders to push back on funding expansion of the industry.
Indian private lender Axis Bank reported a better-than-expected 70% jump in second-quarter profit on Thursday, as bad loan provisions slid and asset quality improved.
Credit Suisse is racing to firm up sales of part of its business that could limit the cash it needs from investors, a person with direct knowledge of the matter said, with just days to go before the bank unveils an overhaul.
How much Sweden's central bank has to raise rates depends in part on wage negotiations and fiscal policy responses to the current inflation crisis, Deputy Governor Per Jansson said in regular testimony to parliament's finance committee on Thursday.
A rise in lending income, underpinned by higher interest rates and solid loan growth, boosted financial margins at Spain's Bankinter in the third quarter, sending its shares up as much as 4% on Thursday.
DNB , Norway's largest bank, on Thursday became the latest Nordic bank to report a jump in third-quarter profits due to rising interest rates, in line with forecasts.
Brazilian lender C6 Bank is set to open its first five brick-and-mortar branches in the country in the next few weeks, an executive has revealed, enhancing the competition between the JPMorgan-backed digital bank and large retail lenders for high income clients in Latin America's largest economy.
JPMorgan Chase & Co is launching a platform that aims to connect startup founders with venture capital investors to simplify the fundraising process, the bank told Reuters.
Amazon.com Inc is launching a home insurance portal in Britain and has signed up three big-name insurers as it pushes further into financial services across the globe.
