Financials
Westpac posts steady third-quarter profit, helped by higher capital earnings
A Westpac bank branch in Sydney, Australia. Katharina13 | iStock Editorial | Getty Images Australia’s Westpac Banking Corp beat analyst forecasts for third-quarter profit on Monday and reported improved net interest margin, helped by fewer bad loans and better-than-expected cost controls, sending its shares to a six-year peak. Based on the lender’s average quarterly performance […]
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Temasek aims to invest up to $10 billion in India as China weighs
Beautiful and colorful aerial view of Mumbai skyline during twilight seen from Currey Road, on Feb. 16, 2022 in Mumbai, India. Pratik Chorge | Hindustan Times | Getty Images Singapore state investor Temasek plans to invest up to $10 billion in India over three years in sectors such as financial services and healthcare, a top executive said on Monday, favoring the South Asian nation as […]
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Buyers can nab appealing dividends with these substantial-high-quality shares
Traders browsing for dividend-shelling out stocks in this current market really don’t have to sacrifice excellent. In truth, there are numerous firms that have robust equilibrium sheets and very good management, as properly as a secure dividend with progress prospective, according to a be aware from UBS very last 7 days. Those people dividends might […]
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Regional bank earnings may expose vital weaknesses, previous FDIC Chair Sheila Bair warns
Rapid Cash Regional lender earnings may well expose vital weaknesses, previous FDIC Chair Sheila Bair warns Released Tue, Apr 16 20248:11 PM EDTUp-to-date Times Ago Stephanie Landsman@stephlandsman Check out Dwell Supply
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‘Corporate bullying’: Abrdn CIO slams press’ jabs at the company’s rebranded title
The abrdn Plc business at St Andrew Sq. in Edinburgh, U.K. on Thursday, Nov. 11, 2021. Jonne Roriz | Bloomberg | Getty Pictures The press making jabs at the present-day title of asset supervisor Abrdn, which was rebranded from ‘Standard Daily life Aberdeen’, amounts to “company bullying,” the firm’s main expenditure officer Peter Branner explained. […]
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American says 80% of 2024 revenue will come from loyalty program and more expensive tickets
A Boeing 737 passenger aircraft of American Airlines arrives from Austin at JFK International Airport in New York as the Manhattan skyline looms in the background on February 7, 2024. Charly Triballeau | Afp | Getty Images American Airlines said Monday that 80% of its revenue this year will come from loyalty program members and […]
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Wall Street is worried about NYCB's loan losses and deposit levels as stock sinks below $4
A sign is pictured above a branch of the New York Community Bank in Yonkers, New York, U.S., January 31, 2024. Mike Segar | Reuters Regional lender New York Community Bank finds itself in an apparently worsening predicament just as the anniversary of last year’s banking turmoil nears. Shares of the troubled lender plunged 25% on […]
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StanChart announces $1 billion share buyback, dividend hike as 2023 gain rises 18%
Conventional Chartered Plc lender branch in Hong Kong Bloomberg | Bloomberg | Getty Photos Standard Chartered on Friday documented 2023 pre-tax financial gain rose 18%, in line with forecasts, and rewarded shareholders with a $1 billion share buyback and a bounce in dividend. StanChart, which earns most of its income in Asia, stated statutory pretax earnings for […]
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Shares of Italy's UniCredit jump 10% and hit eight-calendar year substantial on earnings conquer
A logo on the UniCredit SpA headquarters in Milan, Italy, on Saturday Jan. 22, 2022. Bloomberg | Getty Images Shares of Italian lender UniCredit hit their maximum level since 2015 on Monday, following saying it would return 8.6 billion euros ($9.2 billion) to investors on the back again of higher-than-anticipated income. The Milan-primarily based lender […]
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Hong Kong leaders start off legislative press to tighten countrywide protection legal guidelines
Chinese flags and Hong Kong flags are hung in Tsim Sha Tsui district on Oct. 4, 2023 in Hong Kong, China. The Chinese authorities imposed a National Security Regulation in the particular administrative region on June 30, 2020. Alex Wong | Getty Illustrations or photos Information | Getty Pictures Hong Kong’s chief confirmed on Tuesday his […]
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