US banks’ profit picture less clear with cloudy rates trajectory
NEW YORK, April 12 (Reuters) - The uncertain trajectory of interest rates is making it hard for U.S. banks to...
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Global banks forecast improved investment banking outlook
A street sign for Wall Street hangs in front of the New York Stock Exchange May 8, 2013. REUTERS/Lucas Jackson/File Photo Acquire Licensing RightsNEW YORK, Dec 5 (Reuters) - Global bank executives said that dealmaking conditions have begun to improve, with some predicting a better outlook for strategic mergers and acquisitions at an industry event on Tuesday.Both M&A activity and initial public offerings (IPOs) faltered last year after Russia's invasion of Ukraine and the U.S. Federal Reserve's aggressive rate hikes to tame inflation."The M&A deals are coming a little faster,"...
ECB raises minimum capital requirements for Spanish banks
A view shows the logo of the European Central Bank (ECB) outside its headquarters in Frankfurt, Germany March 16, 2023....
Canada banks’ quarterly profits seen hit by rising provisions
A sign for the Bank of Montreal in Toronto, Ontario, Canada December 13, 2021. REUTERS/Carlos Osorio/File Photo Acquire Licensing RightsTORONTO, Nov 27 (Reuters) - Canada's big banks are likely to wrap up a challenging financial year with another quarter of declining profits and rising bad debt provisions amid a slowing economy.The big six banks have axed thousands of jobs this year as investment banking fees lagged and business south of the border weakened due to the U.S. regional banking crisis.While high interest rates have boosted the banks' lending margins, residential...
Japan’s inflation comeback prompts investors to tear up old playbooks
Ageing population no longer main Japan investment storyGlobal stockpickers positive on Japan banks, retailersInvestors cautious on bondsLONDON/TOKYO, Nov 21 (Reuters)...
European shares fall after three days of gains; HelloFresh tumbles
A TV presenter gets ready for the daily reporting from the floor of the German share price index DAX at the stock exchange in Frankfurt, Germany, November 15, 2023. REUTERS/Staff Acquire Licensing RightsBurberry down on revenue, profit warning; peers fallHelloFresh dives to STOXX 600 bottom after outlook cutSiemens jumps after 'solid' Q4STOXX 600 down 0.7%, Germany's DAX up 0.2%Nov 16 (Reuters) - Europe's benchmark index fell on Thursday, dragged down by energy stocks, following a three-day run of gains on hopes for a peak in interest rate policy tightening and...
UK insurer Aviva posts 13% rise in nine-month premiums
A man walks past an AVIVA logo outside the company's head office in the city of London March 5, 2009....
European shares rise on strong earnings, pharma boost
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, October 26, 2023. REUTERS/Staff/File photo Acquire Licensing RightsEuro zone retail sales fall in Sept, as expectedVestas rises after Q3 profit beatUK's Marks & Spencer jumps on HY beatSTOXX 600 up 0.3%Nov 8 (Reuters) - European shares rose on Wednesday, supported by gains in healthcare stocks and strong earnings reports, while investors assessed a slew of economic data and comments from central bankers for cues on European Central Bank's rate hike path.The pan-European STOXX 600...
European shares slip after strong week
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, October 24, 2023. REUTERS/Staff Acquire Licensing RightsEZ economy starts Q4 on back foot, stoking recession fears - PMITIM shares lose early shine after KKR grid dealEvotec at STOXX 600 bottom after RBC rating downgradePostNL slumps after Q3 miss, EBIT forecast cutSTOXX 600 slips 0.2%Nov 6 (Reuters) - European shares eased on Monday after the benchmark index posted its biggest weekly jump since March, with the real estate sector losing steam, while Ryanair jumped following...
Real estate stocks lead European shares to biggest weekly gain since March
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, October 26, 2023. REUTERS/Staff/File Photo Acquire Licensing RightsReal estate stocks post strongest week since at least 2008BMW reports higher margin in Q3Outlook comment, buyback review drag MaerskECB hopeful on inflation; cannot close door on hikes -SchnabelSTOXX 600 up 0.2%, adds 3.4% this weekNov 3 (Reuters) - Europe's benchmark STOXX 600 index posted its biggest weekly gain since March on Friday, supported by interest rate-sensitive real estate stocks as signs of an end to monetary...