UAE’s Royal Group Shorts US Stocks on Global Recession Fears
An investment firm controlled by a top Abu Dhabi royal has built a short position worth billions of
2023-05-10 21:49
First Citizens Deposits Beat Estimates in Wake of SVB Deal
First Citizens BancShares Inc.’s deposits surpassed estimates following its rescue deal for Silicon Valley Bank after a run
2023-05-10 19:55
Taiwan’s Banks Cut China Exposure to Record Low as Tensions Rise
Taiwanese banks have slashed their exposure to China to the lowest level in at least a decade as
2023-05-10 17:48
ABN Amro Profit Beats Estimates as Lending Income Increases
ABN Amro Bank NV reported higher than expected first-quarter profit as the Dutch bank boosted lending income and
2023-05-10 14:27
Credit Agricole Trading Soars in Record Investment Bank Quarter
Credit Agricole SA’s investment bank posted a record performance in the first quarter as the French lender’s debt
2023-05-10 13:21
China State-Linked Stock Rally Sputters Further on Profit Taking
A scorching stock rally in China’s state-linked companies lost further momentum Wednesday, as investors cashed in on the
2023-05-10 11:26
HSBC Gains Assets From Former Credit Suisse Clients in Asia
HSBC Holdings Plc said it’s picking up clients and staff from Credit Suisse Group AG following the Swiss
2023-05-10 10:21
Chinese ChatGPT Rival Mobvoi Picks Banks for $300 Million Hong Kong IPO, Sources Say
Mobvoi, a Chinese artificial intelligence company and smart device maker, has selected banks for a Hong Kong initial
2023-05-10 09:51
Asian Stocks Set for Cautious Open Before CPI Data: Markets Wrap
Asian equities look poised for a cautious open Wednesday ahead of a critical inflation report and as the
2023-05-10 06:57
Williams Says Fed Is Data Dependent, Leaves Door Open to Pause
Federal Reserve Bank of New York President John Williams said he is monitoring how strains in the banking
2023-05-10 02:57
PacWest Resumes Slide as Battered Regional Bank Stocks Fall
PacWest Bancorp shares fell on Tuesday, leading some peers lower in early trading as the hard-hit regional bank
2023-05-09 21:23
Biggest African Bank Cites Energy Needs in Fossil Fuel Defense
Standard Bank Group Ltd., Africa’s biggest lender by assets, defended it’s investment in fossil-fuel projects, saying tthe continent’s
2023-05-09 13:29