Asset management giant BlackRock on Thursday began courting public investors for an ethereum trust, doubling down on its cryptocurrency bets amid potentially easing regulations over such investment vehicles.
Digital wealth management provider Wealthfront, a pioneer in automated investing, now oversees more than $50 billion in assets and is set to grow revenue by more than 140% this year, the company said on Thursday.
Iraq has become the 74th member of the European Bank for Reconstruction and Development, the multilateral lender said on Thursday, while Ghana and Senegal have also applied to join.
U.S investment giant Carlyle Group has lowered the target for its latest pan-Asia private equity fund by at least 30% from its original $8.5 billion, three people with knowledge of the matter said, as a slowing global economy and geopolitical tensions dull investors’ appetite.
EFG International shares were up 3% early on Thursday after the Swiss private bank reported net profit of more than 240 million Swiss francs ($270.09 million) for the first 10 months of the year and expanded its share buyback program.
British insurer Aviva on Thursday posted a 13% rise in its general insurance gross written premiums for the first nine months of the year, saying it would continue to return surplus capital to shareholders.
Blackstone is in the final stages of raising about $400 million for its Blackstone Private Credit Fund (BCRED) to secure additional investment advantage, the Financial Times reported on Thursday.
Bank Hapoalim , Israel’s largest lender, reported lower quarterly profit on Thursday, weighed down by a spike in its loan loss provisions to guard against defaults during Israel’s war with Hamas.
Dutch insurer Aegon raised its annual capital generation forecast on Thursday after topping third-quarter expectations on the same metric, driven by strong performance in its key U.S. market.
