Shares in Brazil's Banco Bradesco SA fell to their lowest level in almost two years on Friday after the bank reported fourth-quarter net income equivalent to less than half that of analysts' estimates.
Credit Suisse shares looked set to continue their slide on Friday after the bank's reported its latest heavy losses on Thursday and the Swiss regulator said it was watching the situation 'very closely."
Britain's financial regulator is investigating Barclays PLC for suspected failings in its compliance and anti-money laundering systems, the Financial Times reported on Friday.
SYDNEY, Feb 10 (Reuters) - Australia's central bank on Friday revised up its forecasts for core inflation and wages growth and warned further increases in inetrest rates would be needed to head off a damaging wage-price spiral.
Sumitomo Mitsui Banking Corp (SMBC) will phase out corporate and project finance exposure to coal mining by 2040 but does not have a concrete timeline for reducing support to trade finance, a senior company official said on Thursday.
PayPal Holdings Inc forecast full-year profit above Wall Street estimates on Thursday but warned of pressure on discretionary spending, and said Chief Executive Dan Schulman will retire at the end of 2023.
The Bank of Mexico's five-member governing board unanimously voted to increase the benchmark interest rate by 50 basis points to 11.00% on Thursday, above market forecasts, citing a complex inflation scenario and suggesting future hikes would be smaller.
Finma says that while Credit Suisse Group 's liquidity buffers had a stabilising effect on the bank and are are being rebuilt after outflows, the regulator "monitors banks very closely during such situations."
Intesa Sanpaolo said on Thursday that most of its affected cleard derivatives operations were back up and running, after a ransomware attack at financial data company ION impacted operations at the Italian bank.
The Peugeot family and the Dassault family are prepared to invest in Rothschild & Co , the Paris-listed investment bank the Rothschild family plans to take private, Les Echos said on Wednesday.
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