Tag: #finance

State Bank of India Contemplates New Basel III Bond Issuance for 2026

State Bank of India plans Basel III bond issuance to bolster capital for 2026, enhancing economic growth and stability.

#sbi, #india, #baseliii, #bonds, #finance

Capital One Completes $35.3 Billion Acquisition of Discover, Becoming Largest US Credit Card Issuer

Capital One's $35.3B acquisition of Discover establishes it as the top US credit card issuer, challenging Visa and Mastercard.

#capitalone, #discover, #finance, #merger, #creditcards

JPMorgan Chase Hits Record High Amid Financial Sector Recovery

JPMorgan Chase stock reaches an all-time high, driving optimism in a recovering financial sector despite interest rate challenges.

#jpmorganchase, #finance, #stockmarket, #investing

JPMorgan Chase Hits Record Stock Price of $288.75

JPMorgan Chase reaches record stock price of $288.75, reflecting robust performance and investor confidence.

#jpmorganchase, #stockmarket, #banking, #finance

Brown & Brown, Inc. to Acquire Accession Risk Management Group for $9.83 Billion

Brown & Brown plans to acquire Accession Risk Management for $9.83B, reshaping the insurance brokerage industry.

#insurance, #mergersandacquisitions, #brownandbrown, #finance

Vietnam Advances Plans for International Financial Centre to Boost Global Integration

Vietnam plans to create an international financial centre aiming to bolster its global economic presence and attract foreign investment.

#vietnam, #internationalfinancialcentre, #finance, #economicdevelopment

Global M&A Activity Surges Past $3 Trillion in 2024, Highlighting Shift to High-Value Deals

In 2024, global M&A activity surpassed $3 trillion, driven by major deals in tech, energy, and finance, despite fewer transactions.

#mergers, #acquisitions, #business, #2024, #finance

J. Safra Sarasin Acquires 70% Stake in Saxo Bank for €1.1 Billion

Major acquisition in financial services as J. Safra Sarasin buys 70% of Saxo Bank, expanding its digital trading platforms.

#banking, #acquisition, #finance, #digitalplatforms

Federal Reserve Lifts Asset Cap on Wells Fargo, Signaling a Major Recovery Milestone

Wells Fargo's recovery progresses as the Fed lifts the asset cap, allowing it to pursue growth strategies and expand its market share.

#wellsfargo, #federalreserve, #banking, #finance

EU Launches First Comprehensive Stress Test for Non-Bank Financial Institutions

EU regulators to stress test non-bank financial institutions, aiming to assess systemic risks in hedge funds, private equity, insurers, and more.

#eu, #finance, #nbfi, #stress_test, #regulation

Intesa Sanpaolo CEO Pledges to Keep Italian National Savings Domestic Amid Banking Consolidation

Intesa CEO Carlo Messina commits to keeping Italy's national savings under domestic control, amid "golden power" regulatory scrutiny.

#intesa, #italybanking, #nationalsavings, #goldenpower, #finance

UK Government to Regulate 'Buy Now, Pay Later' Services for Consumer Protection

UK to regulate 'Buy Now, Pay Later' services, aligning them with credit products to enhance consumer protection and responsible lending.

#buynowpaylater, #regulation, #consumerprotection, #ukgovernment, #finance

UK Supreme Court to Hear Appeal on Car Finance Commission Legality

The UK Supreme Court will address the legality of undisclosed car finance commissions, a case with industry-wide implications.

#uk, #finance, #supremecourt, #consumerprotection

UK Supreme Court to Hear Appeal on Car Finance Commissions, Potentially Impacting Billions

A pivotal UK Supreme Court appeal on undisclosed car finance commissions could lead to £30 billion in compensation claims, affecting the motor finance industry.

#uk, #finance, #supreme court, #car industry, #legal case

Deutsche Bank Achieves Highest Quarterly Profit in 14 Years with Strong FIC Division Performance

Deutsche Bank reports a 39% profit increase, reaching €2.8 billion in Q1 2025, driven by strong FIC division performance and strategic restructuring.

#deutsche bank, #profits, #markets, #finance, #europe