India’s PB Fintech posts Q1 profit on insurance boost

India’s PB Fintech , the parent of online insurance aggregator Policybazaar, reported a profit for a third-straight quarter on Tuesday, aided by rising sales of insurance policies.

Italian lender Banca Popolare di Sondrio (BPSO) on Tuesday posted second-quarter net interest income of 271 million euros ($295.85 million), up from 235.3 million euros a year earlier on higher contributions from brokerage and coupon flows.

State-owned Italian bank Monte dei Paschi di Siena on Tuesday raised its profit outlook and dividend payout goal through 2028, after second quarter earnings came in well ahead of expectations.

Banking and payments processing conglomerate Fidelity National Information Services raised its annual adjusted profit forecast above Wall Street estimates on Tuesday, benefiting from resilient consumer spending.

MarketAxess Holdings’ second-quarter profit rose 8% due to robust trading activity in high-grade corporate debt and government bonds, it said on Tuesday.

Online brokerages Futu Holdings and UP Fintech Holding , known for helping Chinese investors buy global stocks, have told clients that night trading of U.S. shares would be suspended on Tuesday after a surge in global market volatility.

The Indian government is not considering any relaxation in the tax demand it sent to Infosys last month, according to a government source.

Abrdn reported better-than-expected profit and lower costs for the first half of the year on Tuesday, helping lift the asset manager’ shares 5% in early trading.

Japan’s SoftBank Group is expected to report a modest first-quarter profit on Wednesday but investors are set to hone in on whether the tech investment giant will either announce a major share buyback or flag its willingness to embark on one.

Citigroup has hired Yeo Wenxian as head of wealth for Asia South region from Singapore’s biggest lender DBS Group Holdings , according to a memo seen by Reuters.

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