Westpac to raise $488 million in additional Tier 1 capital

[ad_1] A pedestrian looks at his phone as he walks past a logo for Australia’s Westpac Banking Corp located outside a branch in central Sydney, Australia, November 5, 2018. REUTERS/David…

Aviva to buy AIG’s UK life insurance business for $563 million

[ad_1] A pedestrians walks past the Aviva logo outside the company head office in the city of London, Britain March 7, 2019. REUTERS/Simon Dawson/file photo Acquire Licensing Rights LONDON, Sept…

China’s Xpeng to acquire Didi’s EV unit in deal worth up to $744 mln

[ad_1] Xpeng to launch an A-class model under MONA project Deal to deliver greater economies of scale for Xpeng Xpeng sees at least 100,000 MONA cars sold per year HONG…

Sainsbury’s sales beat expectations in latest quarter

[ad_1] LONDON, July 6 (Reuters) – British supermarket group Sainsbury’s (SBRY.L) on Tuesday beat expectations for first-quarter sales though growth did slow sharply reflecting a tough comparison with last year…

German investor morale brightens unexpectedly in August – ZEW

[ad_1] Index rises to -12.3 from -14.7 in July Assessment of current situation fell sharply Recession concerns remain high -analyst BERLIN, Aug 15 (Reuters) – German investor morale improved unexpectedly…

GCP Infrastructure seeks tie-ups with rival listed funds

[ad_1] LONDON, Aug 11 (Reuters) – GCP Infrastructure Investments (GCPI.L) said on Friday (GCPI.L) it had struck a deal to acquire the assets of GCP Asset Backed Income Fund (GABI)…

UK’s Co-operative Bank buys Sainsbury’s Bank’s 479 mln stg mortgage portfolio

[ad_1] People walk past a branch of The Co-operative Bank in London, Britain, February 13, 2017. REUTERS/Hannah McKay/File Photo LONDON, Aug 11 (Reuters) – Britain’s Co-operative Bank said on Friday…

BAE Systems upgrades forecasts as defence orders at record

[ad_1] FILE PHOTO-People gather at the BAE Systems’ booth during the Association of the United States Army (AUSA) Global Force Symposium & Exposition in Huntsville, Alabama, U.S. March 28, 2023.…

UK broker Peel Hunt says plans to list on London’s AIM

[ad_1] Eyes market value of 270-300 mln stg – source FY21 revenues 196.9 mln stg vs 95.5 mln stg Ex-UBS banker Riches to succeed Hayes as Chair LONDON, Sept 14…

Man Group assets edge up in Q1, net flows boosted by demand for alternatives

[ad_1] LONDON, April 26 (Reuters) – London-listed hedge fund Man Group (EMG.L) reported more than $1 billion of net flows into its funds in the first quarter and a small…