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…

Canadian insurer Sun Life names new president for Asia business

[ad_1] The Sun Life Financial logo is seen at their corporate headquarters of One York Street in Toronto, Ontario, Canada, February 11, 2019. REUTERS/Chris Helgren/File Photo Acquire Licensing Rights Dec…

Canada’s anti-money laundering agency imposes C$7.5 million penalty on RBC

[ad_1] A sign for the Royal Bank of Canada in Toronto, Ontario, Canada December 13, 2021. REUTERS/Carlos Osorio/File Photo Acquire Licensing Rights TORONTO, Dec 5 (Reuters) – Canada’s anti-money laundering…

PNC sees growth opportunity in capital-led market disruptions

[ad_1] PNC Financial Services Group President and CEO William Demchak testifies during a U.S. House Financial Services Committee hearing titled “Holding Megabanks Accountable: Oversight of America’s Largest Consumer Facing Banks”…

Jefferies sets up investment banking unit in Canada to boost international expansion

[ad_1] People walk outside of Jefferies Financial Group offices in Manhattan, New York, U.S., December 8, 2021. REUTERS/Eduardo Munoz/File Photo Acquire Licensing Rights Dec 4 (Reuters) – Jefferies Financial Group…

Worldline weighs asset sales to shore up investor confidence -sources

[ad_1] The logo of payments company Worldline is seen at the company headquarters in the financial and business district of La Defense, near Paris, France, October 26, 2023. REUTERS/Gonzalo Fuentes/File…

Saudi Arabia NEOM Investment fund to hold 6% in Italy’s Technogym

[ad_1] The logo of Technogym is seen in a gym machine in Rome, Italy in this March 26, 2016. REUTERS/Tony Gentile/File Photo Acquire Licensing Rights ROME/MILAN, Dec 1 (Reuters) –…

Sweden’s Viaplay to raise cash, restructure debt, shares plunge 82%

[ad_1] Plans to raise $380 mln from share sale at deep discount Will write off SEK 2 bln in debt Restructuring of SEK 14.6 bln debt More than 30% of…

Hamas armed wing says youngest hostage, relatives killed in previous Israeli air strike

[ad_1] CAIRO/JERUSALEM, Nov 29 (Reuters) – The armed wing of Palestinian militant group Hamas said on Wednesday that 10-month-old child Kfir Bibas, his 4-year-old brother and their mother were killed…

UBS chairman says Swiss financial regulator needs more teeth

[ad_1] [1/2]A logo is pictured on the Swiss bank UBS headquarters in Zurich August 12, 2008./File Photo Acquire Licensing Rights ZURICH, Nov 28 (Reuters) – UBS (UBSG.S) Chairman Colm Kelleher…