HSBC is hiring dealmakers as "fast as it can" in Saudi Arabia to capitalise on a wave of financing activity in the country, the global head of its investment bank told Reuters.
Investment bank Lazard Ltd reported an 80% decline in fourth-quarter profit on Thursday as dealmaking slumped, but its chief executive predicted improving market sentiment could revive mergers and acquisitions (M&A).
Banco Santander Brasil SA on Thursday reported a large fourth-quarter net profit miss as loan-loss provisions rose against a backdrop of higher interest rates and deteriorating credit conditions, potentially setting a negative tone for the sector early in the earnings season.
Deutsche Bank's asset management unit DWS will continue to cooperate with authorities on accusations of greenwashing, its CEO said on Thursday, adding that he could not rule out the company having to pay fines.
Credit Suisse on Thursday announced it had completed the liquidation process of the second of its four funds linked to collapsed supply chain financing firm Greensill Capital.
The chief executive of Poland's Santander Bank Polska said on Thursday the lender plans to share profit with its shareholders through "a solid dividend".
India's Adani group called off a $2.5 billion share sale as losses for the conglomerate's biggest firms snowballed to more than $100 billion in the wake of a U.S. short-seller's report.
Investment firms and brokers in Britain teamed up on Thursday to back a new standalone retail platform to strengthen access for small investors to the UK capital market.
A solid rise in revenues and lending income allowed Spain's Santander to post an 18% jump in profit to a record 9.6 billion euros in 2022, offsetting higher provisions set aside against uncertain economic conditions.
Mitsubishi UFJ Financial Group Inc and Mizuho Financial Group on Thursday reported strong third-quarter profits in their core businesses thanks to an economic rebound in Japan and solid loan demand abroad.
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