Shares of Dutch payments company Adyen jumped by nearly a quarter on Thursday after it beat 2023 earnings expectations, helped by its digital business and stricter cost control.
Citizens Financial Group said on Thursday it had hired two executives in senior positions to accelerate the growth of its wealth management and private banking business after opening its first private banking office in Boston.
Deutsche Pfandbriefbank (PBB) sought to reassure investors on Thursday that it has enough funds to cope with a downturn in the U.S. commercial real estate market, as the German lender’s shares sold off again.
Intesa Sanpaolo is working to dispose of its business in Russia but “bureaucratic steps” have so far prevented it from closing the deal, the CEO of Italy’s biggest bank said.
Short seller Muddy Waters has placed bets against the shares of Canadian insurer Fairfax Financial , its founder Carson Block said on Thursday, alleging manipulation in asset values.
Investment manager T Rowe Price reported a smaller-than-feared drop in fourth-quarter profit on Thursday, helped by a rebound in equity markets that cushioned the hit from capital outflows.
Apollo Global Management said on Thursday its fourth-quarter adjusted net income jumped nearly 31%, driven by growth in management fees and earnings from its retirement services business.
Russia’s state-owned VTB Bank plans to expand its presence in China by opening offices in Beijing and other cities in the near future, the lender’s CEO Andrey Kostin said on Thursday at a meeting with a Russian governor.
