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Sun Life quarterly profit beats estimates on business, assets growth

Sun Life Financial (SLF.TO), Canada's second-largest life insurer, on Wednesday beat analysts' estimates for quarterly core profit, which rose on business and asset growth in its funds management business.

MetLife's quarterly profit beats estimates on investment boost

U.S. insurer MetLife Inc (MET.N) blew past Wall Street estimates for second-quarter profit on Wednesday, as solid investment gains cushioned the hit from coronavirus-related claims.

Prudential Financial says COVID-19 impact 'beginning to moderate'

Prudential Financial Inc (PRU.N) said on Wednesday that the effect of COVID-19 on its group and individual life insurance appears to be lessening in the third quarter.

Rothschild-backed RIT co-leads funding for crypto platform Aspen Digital

RIT Capital Partners (RCP.L), the investment trust founded by Jacob Rothschild, is co-leading a funding round for crypto investment platform Aspen Digital intended to finance the creation of an online platform that would give wealthy investors a single portal to manage crypto investments.

Prudential Financial beats estimates on life, annuity strength

Prudential Financial Inc (PRU.N) beat analysts' estimates for quarterly adjusted profit on Tuesday, as strong performance at the U.S. insurer's life and annuity units cushioned against weakness in its investment business.

Banks eased lending standards for businesses, households in Q2, Fed survey shows

Loan officers at U.S. banks reported easing standards and terms on business loans in the second quarter as the economy revved up on the back of wider reopenings and rising coronavirus vaccination rates.

U.S. House advances bills to address Archegos, GameStop turmoil

Wealthy families that set up investment funds known as "family offices" to manage their personal wealth would face stricter oversight from U.S. regulators under a bill advanced by a U.S. congressional panel late on Thursday.

Citigroup gets regulatory nod for fund custody business in China

Citigroup (C.N) said on Friday it had become the first major global custodian allowed to operate an onshore fund custody business in China, tapping into the country's $19 trillion asset management industry.

France's Amundi reports $8.5 bln in net inflows in Q2

French asset manager Amundi (AMUN.PA) reported on Friday 7.2 billion euros ($8.55 billion) in net inflows in the second quarter, saying investors' appetite for more risky assets such as equity had improved in the quarter.

Major Ethereum upgrade set to alter supply, fix transaction fees

Ethereum, the second-largest blockchain network, is about to undergo a technical adjustment that will significantly alter the way transactions are processed, as well as reduce the supply of the ether token and sharply boost its price.