| | Some Chinese banks have sped up the disbursement of home loans in some cities, a relief to cash-strapped developers anxious to complete sales, but no wave of new credit is being unleashed just yet amid a heavy regulatory push to deleverage the sector. | | | Australia's banking watchdog said it was examining the regulatory implications of Commonwealth Bank's 's planned introduction of bitcoin trading to unsophisticated retail investors - the first bank in Australia to do so. | | | Italy's Banco BPM said on Friday it planned to acquire full ownership of its insurance partnerships as part of a new multi-year plan that aims to achieve net profit of more than 1 billion euros ($1.2 billion) in 2024. | | | NerdWallet Inc's shares rose nearly 31% in their stock market debut valuing the company at about $1.5 billion, as the firm joined a clutch of companies that have gone public to cash in on the high investor appetite for tech stocks. | | | Lancashire posted on Thursday a 47% surge in gross written premiums for the nine months ended September as the insurer took advantage of improving rates, while its property and casualty reinsurance business saw strong growth. | | | Credit Suisse will rein in its investment bankers and plough money into looking after the fortunes of the world's rich as it tries to curb a freewheeling culture that has cost it billions in a string of scandals. | | | French bank Societe Generale posted on Thursday higher third-quarter earnings, beating estimates, supported by strong revenue from corporate and investment banking and lower bad loans and also appointed a new financial chief. | | | Cathie Wood's Ark Invest on Wednesday capitalized on a sharp drop in Zillow Group Inc's stock price to scoop up shares of the online real-estate firm, as analysts expressed shock over its move to exit the business of buying and selling homes due to unpredictable prices. | | | Finnish insurer Sampo on Wednesday beat expectations with a 30% jump in quarterly core earnings, aided by a strong performance from its main subsidiary If and gains from selling a stake in Finnish Nordea bank . | | | Czech investment group PPF, the owner of international consumer lender Home Credit and other assets, reported a net profit of 208 million euros ($240.80 million) in the first half of 2021 after a 384 million euro loss in the same period a year ago, it said on Wednesday. | | | | |
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