Spain's government expects to reach by the end of this week an agreement with banks on mortgage relief measures to help vulnerable households and middle-class clients cope with rising borrowing costs on such loans, the economy minister said.
Swiss bank UBS has joined a growing band of investment houses forecasting that emerging markets will see a bumper bounce next year after their torrid 2022.
India's RBL Bank is looking to ramp up its retail exposure to protect its books from being over-exposed to large corporates and to help bolster growth alongside its key businesses of credit cards and microfinance, the private lender's top executive told Reuters on Tuesday.
An activist investor with a large stake in Envestnet Inc. plans to ask for board seats to push the financial technology company to improve its stock price by cutting costs and overhauling pay, two people familiar with the matter said.
Lloyds Banking Group has appointed HSBC's head of strategy Chirantan Barua as Chief Executive Officer of Scottish Widows and its wider insurance, pensions and investments business, it said on Tuesday.
Wall Street investment bankers can expect much smaller bonuses this year as the economy slows, according to projections published on Tuesday by Johnson Associates Inc, a compensation consultant in New York.
Ninety One Plc warned of challenging market conditions for a "foreseeable future", sending shares in the London-listed asset manager down 6% on Tuesday, after it posted net outflows of 3.2 billion pounds ($3.8 billion) in the first half.
Nu Holdings Ltd posted a near three-fold jump in third-quarter revenue on Monday, as the Warren Buffett-backed digital banking firm saw rapid customer growth in its key domestic Latin American market.
Commonwealth Bank of Australia , the country's largest bank, on Tuesday reported better-than-expected cash earnings for the first quarter, helped by lending growth and rising interest rates.
