Exchange operator Cboe Global Markets Inc , on Friday sailed past analysts’ estimates for third-quarter profit as transaction volumes surged amid spiraling volatility in the global markets across asset classes.
Britain’s decision to remove guarantees on a chunk of emergency loans issued to small businesses in the pandemic has stoked uncertainty about the fate of more than one million loans that still have to be repaid by borrowers or settled by the government.
A growing number of private equity funds are opening offices in the Gulf, hoping to deepen their ties with cash-rich sovereign wealth funds and families in the region as funding for buyouts has dried up elsewhere.
Societe Generale , France’s third-biggest listed bank, missed market expectations on quarterly sales on Friday, as a slump in its French retail added to earnings woes in spite of the resilient performance of its investment bank division.
Australia’s central bank will raise its key policy rate by 25 basis points to 4.35% on Tuesday after keeping borrowing costs steady at its last four meetings, as inflation proves surprisingly strong, a Reuters poll found.
Macquarie Group’s half-year profit fell to a three-year low as costs rose and it booked fewer asset sales, especially in green energy, but it said performance would lift in the second half and announced a A$2 billion ($1.29 billion) share buyback.
The Royal Bank of Canada (RBC) has agreed to pay a $6 million penalty to settle U.S. charges it violated internal accounting controls, the U.S. Securities and Exchange Commission (SEC) said on Thursday.