Anima Holding does not expect to tighten its partnership with Monte dei Paschi di Siena in the near term, Chief Executive Alessandro Melzi D'Eril told analysts on Monday.
The European Central Bank is carefully scrutinising euro zone banks' payout plans as the outlook for the euro zone's economy sours and markets wobble, the ECB's top supervisor said on Monday.
Shares in UniCredit fell on Monday hit by a report of tensions between European Central Bank supervisors and the Italian bank over its capital distribution plans and presence in Russia.
Shares of State Bank of India (SBI) climbed nearly 5% to an all-time high on Monday after the country's largest lender reported a record quarterly profit and said it expects credit growth to remain in double-digits.
Australian insurer Suncorp Group said on Monday it expects to incur a cost of between A$350 million to A$410 million ($224.74 million to $263.26 million) for claims relating to several natural hazard events in the country.
Australia's No. 3 lender Westpac Banking Corp on Monday reported a drop in annual earnings, hit by a charge on the sale of its life insurance unit, and raised cost guidance as it flagged lower home prices and higher unemployment into 2023.
Hong Kong's de-facto central bank bought HK$3.054 billion ($389.1 million) from the market in New York trading hours to stop the local currency from breaking below its peg to the U.S. dollar.
State Bank of India (SBI) , the country's largest lender, expects credit growth to remain in double-digits while it steps up efforts to attract more deposits, where it sees growth in line with the sector.
Wells Fargo is under pressure from the U.S. Consumer Financial Protection Bureau (CFPB) to pay more than $1 billion to settle a slew of investigations into customer mistreatment, Bloomberg News reported, citing people familiar with the matter.
German finance watchdog BaFin has told Deutsche Bank to take specific measures to improve efforts to prevent money laundering and terrorism financing or face fines, the latest rebuke in regulatory proceedings against the bank that started in 2018.
