Italy’s Banco BPM to grow investor payback as rates decline

[ad_1] MILAN, Dec 12 (Reuters) – Italy’s Banco BPM (BAMI.MI) on Tuesday pledged to moderately grow profits through 2026 as net fees offset declining interest rates, allowing it to increase…

South Africa’s Vukile posts 5.2% rise in distributable income

[ad_1] JOHANNESBURG, Nov 29 (Reuters) – South African commercial property group Vukile Property Fund (VKEJ.J) said on Wednesday its half-year distribution per share or funds from operations rose 5.2%. Its…

Thyssenkrupp posts $2.3 billion impairment on steel division

[ad_1] Steel coils are waiting for delivery at the storage and distribution facility of German steel maker ThyssenKrupp in Duisburg, Germany, November 16, 2023. REUTERS/Wolfgang Rattay/File Photo Acquire Licensing Rights…

New Enel CEO turns more cautious on renewable projects

[ad_1] A prototype of a bifacial photovoltaic module is seen inside Italian utility Enel’s solar panel gigafactory in Catania, Italy, November 28, 2022. REUTERS/Antonio Parrinello/File Photo Acquire Licensing Rights New…

US pension plans lose bid to block cum-ex tax fraud case

[ad_1] COPENHAGEN, Nov 21 (Reuters) – A group of U.S. pension plans has lost a bid to block Denmark’s tax agency from pursuing millions of dollars from them in a…

Alstom mulls capital increase after cash-flow warning

[ad_1] A logo of Alstom is seen at the Alstom’s plant in Semeac near Tarbes, France, February 15, 2019. REUTERS/Regis Duvignau/File Photo Acquire Licensing Rights Nov 15 (Reuters) – French…

Enel ups guidance after 9-mth results beat forecasts

[ad_1] A logo of Italian multinational energy company Enel is seen at the Milan’s headquarter, Italy, February 5, 2020. REUTERS/Flavio Lo Scalzo/File Photo Acquire Licensing Rights MILAN, Nov 7 (Reuters)…

Australian’s ANZ posts record annual profit amid higher interest rates; lifts dividend

[ad_1] The logo of the ANZ Bank is seen at Lambton Quay, in Wellington, New Zealand November 10, 2022. REUTERS/Lucy Craymer/File Photo Acquire Licensing Rights Declares final dividend of 94…

National Australia Bank’s second-half cash profit falls as inflation persists

[ad_1] The National Australia Bank Logo is seen on a branch in central Sydney, Australia, February 8, 2018. REUTERS/Daniel Munoz/File Photo Acquire Licensing Rights FY2023 cash earnings up 8.8%, but…

As bad debts soar, Canadian banks eye asset sales to boost capital

[ad_1] [1/2]A woman leaves a Bank of Nova Scotia (Scotiabank) branch in Ottawa, Ontario, Canada, May 31, 2016. REUTERS/Chris Wattie/ File Photo Acquire Licensing Rights TORONTO, Nov 8 (Reuters) –…