Clifford Chance’s lawsuit against Societe Generale over the law firm’s representation of the French lender in a dispute over a $483 million gold deal can continue in London, the High Court ruled on Friday.
T. Rowe Price Group reported a better-than-expected quarterly profit on Friday, as concerns about the economy somewhat eased from last year, boosting assets under management at the firm.
Poland’s Bank Millennium aims to conclude 1,000 settlements every quarter with customers regarding Swiss franc loans, Chief Executive Joao Bras Jorge said on Friday.
Insurance broker Aon reported a third-quarter profit on Friday that beat analysts’ estimates, helped by growth at its commercial risk solutions business.
The United States on Friday said some firms in the digital asset space were not doing enough to stop the flow of illicit finance – a subject which has come under renewed scrutiny following the deadly attacks in Israel by Palestinian militant group Hamas.
Major Wall Street firms said a dismal year of dealmaking appears to have hit a trough, and now some companies are looking to merge, offering hope that investment banking revenues could pick up after a disappointing third quarter.
JPMorgan Chase CEO Jamie Dimon will sell a portion of his stake in the bank in 2024 for the first time in his nearly 18-year long tenure at the company.
Italy’s UniCredit is using mostly share buybacks to return capital to shareholders, rather than dividends, because that is what investors prefer, Chief Executive Andrea Orcel said in a shareholders’ meeting on Friday.
Amundi , Europe’s biggest fund manager, reported on Friday that its assets under management rose 4.1% from a year earlier, as clients flocked to low-risk investment products amid uncertainty in financial markets.
