Alpha Finance, a subsidiary of Alpha Bank , on Monday raised its price targets on shares of Eurobank , National Bank and Piraeus Bank , three of Greece's largest lenders, maintaining a 'buy' rating on them all.
Top Canadian banks are expected to post a decline in fourth-quarter profits as choppy markets hurt wealth management and a slow deal pipeline dents income from investment banking, offsetting expected gains from business loans.
Credit Suisse bonds fell and the cost of insuring its debt against default rose on Monday as the Swiss bank struggled to win over rattled investors following an exodus of client cash and with more litigation on the horizon.
Italian banking unions on Monday voiced concerns at a reorganisation being implemented by state-owned lender Monte dei Paschi di Siena as it prepares for the departure of thousands of staff from this week.
When Melbourne barista Melinda Elliott had to cut back on casual work shifts this year, she asked her buy-now, pay-later (BNPL) provider, Afterpay, to lower her credit limit. She did not want debt she could not afford to repay.
The head of Australia's central bank on Monday apologised to people who regretted taking out mortgages last year based on his guidance that interest rates were unlikely to rise until 2024, only for rates to start climbing in May.
Top Canadian banks are expected to post a decline in fourth-quarter profits as choppy markets hurt wealth management and a slow deal pipeline dents income from investment banking, offsetting expected gains from business loans.
Brazil's National Monetary Council on Friday decided to allow credit fintechs to initiate payment transactions, the central bank said, a move that will in practice clear them to provide payment services to consumers and business establishments.
A buyout offer launched by the Benetton family and U.S. investment fund Blackstone for Italy's Atlantia has breached the 95% threshold, Reuters calculations showed, allowing the bidders to squeeze out the remaining investors.
