For much of Wall Street, trading this year has been akin to riding a wild roller coaster. For thousands of employees of Citadel and Citadel Securities, the hedge fund and trading business founded by billionaire investor Ken Griffin, the first weekend of December was spent riding actual roller coasters.
Credit Agricole , France's biggest retail bank, has launched a new business line to focus on climate-related targets, it said on Tuesday, while pledging not to finance new oil extraction projects.
Brazilian digital bank Nubank , Latin America's largest fintech, announced on Tuesday a $330 million equity capitalization in Mexico, as it pushes to expand operations there.
Deutsche Bank and Rabobank (RABO.UL) were charged by EU antitrust regulators on Tuesday of taking part in a government bond cartel, the latest move against a sector which has racked up millions of euros in fines for various competition violations.
All of Australia's "big four" banks said on Tuesday they will raise their home loan rates by a quarter-point, passing on the central bank's eighth rate hike in as many months to their customers in full.
Russia's No. 2 bank VTB was hit by the largest cyber attack in its history, it said on Tuesday, warning of temporary difficulties in accessing its mobile app and website, but assuring customers that their data remained safe.
British life insurer Phoenix set a target to generate around 1.5 billion pounds ($1.83 billion) in long-term cash from new business by 2025 on Tuesday, as it looks to build on growing demand for corporate pensions insurance deals.
Investors in European companies are being asked to plough money into a series of capital hikes as cash-hungry companies, including Swiss lender Credit Suisse , look to equity markets to repair their balance sheets and fund costly turnarounds.
