Brazil's central bank stated on Thursday that the potential impact of the accounting scandal involving retailer Americanas SA on banks would be 'insignificant' even in an extreme scenario.
BlackRock Inc , the world's biggest asset manager, has halved the time it takes for companies breaching certain environmental, social and governance-related standards to be removed from a number of its iShares exchange-traded funds.
The percentage of women holding senior positions at European hedge funds has more than halved since 2021, according to a report on Wednesday by data provider Preqin.
Bolivia's government is battling to calm fears among savers and businesses about a shortage of dollars in the country, which has led to long lines outside banks, rattled local bonds and pushed up the price of greenbacks in informal markets.
Credit Suisse Group has cut most of the 20-plus jobs at its investment banking division in Japan, three people familiar with the matter said, as the embattled Swiss bank revamps its business globally.
SVB Financial Group has launched a $1.75 billion share sale to shore up its balance sheet, as the lender looks to navigate declining deposits from startups struggling with venture capital funding drought.
Societe Generale's incoming CEO Slawomir Krupa will cut the number of top management executives at the French bank by half and has hired Anne-Christine Champion from Natixis to co-lead investment banking.
Credit Suisse has postponed publication of its annual report after a last-minute call from the United States Securities and Exchange Commission (SEC), which raised questions about its earlier financial statements.
S.Africa's Standard Bank Group reported a 33% rise in full year profit helped by higher interest rates and credit card, payment and insurance transactions.
Hedge funds are increasingly using more leverage to make wagers on the stock market this year, but they remain less inclined to bet on the market direction due to heightened macroeconomic uncertainties.
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