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Articles related to finance
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
Major acquisition in financial services as J. Safra Sarasin buys 70% of Saxo Bank, expanding its digital trading platforms.
#banking, #acquisition, #finance, #digitalplatforms
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 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 CEO Carlo Messina commits to keeping Italy's national savings under domestic control, amid "golden power" regulatory scrutiny.
#intesa, #italybanking, #nationalsavings, #goldenpower, #finance
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
The UK Supreme Court will address the legality of undisclosed car finance commissions, a case with industry-wide implications.
#uk, #finance, #supremecourt, #consumerprotection
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 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
The UK Supreme Court to hear appeal on car finance commissions, impacting £30 billion in compensation claims.
#uk, #finance, #legal, #commissions, #consumer rights
Tesla reported a 39% income drop in Q1 2025, tied to CEO Musk's political ties. Musk vows to refocus on Tesla amidst declines.
#tesla, #elon musk, #electric vehicles, #finance
U.S. Treasury to consult on 20-year bond auction changes and stablecoin roles amid evolving regulations.
#treasury, #bonds, #stablecoins, #finance, #regulation
The International Monetary Fund has disbursed $400 million to Ukraine under its Extended Fund Facility program, bringing the total support to $10.1 billion. Amid the ongoing war with Russia, this financial assistance is critical to bolster Ukraine's economy.
#imf, #ukraine, #economy, #conflict, #finance
The CFO of Thames Water, Alastair Cochran, resigns as the utility giant battles a severe financial crisis, grappling with a £20 billion debt and the need for £3 billion in new equity. Potential nationalization and government intervention loom as the company seeks financial stability.
#finance, #united kingdom, #utilities, #water crisis, #corporate leadership