 | | | | Mitsubishi UFJ Financial Group Inc (MUFG) on Monday predicted net profit would hit a record this financial year, thanks to the release of cash from pandemic-related provisions as well as a drop in other credit-related costs. | | | | | | At Spain's Caixabank most customers visiting a branch for a service they could access online will now have to pay two euros for the privilege. | | | | | | Two of Japan's megabanks, Sumitomo Mitsui Financial Group Inc (SMFG) and Mizuho Financial Group Inc, on Friday reported a surge in first-half profit as the economy ravaged by the COVID-19 pandemic recovered and credit costs abated. | | | | | | The e-commerce arm of Russia's largest lender, Sberbank , said on Friday its transaction volumes tripled in the third quarter, helped by an expanding range of services it offers, including express delivery. | | | | | | Morgan Stanley has appointed Amy Oldenburg as head of emerging markets equity at its investment management business, replacing Ruchir Sharma who is leaving after a 25-year stint at the bank, according to an internal memo seen by Reuters. | | | | | | If trading in the shares of Amazon, Microsoft, Facebook and other billionaire-owned companies is any indication, Tesla co-founder Elon Musk unloading part of his stake in the company may not be bad for the electric carmaker's shares over the long term. | | | | | | A second supercomputer and artificial intelligence (AI) upgrades form part of Sberbank's enhanced offerings of digital services such as cloud computing and virtual assistant software, Chief Technology Officer David Rafalovsky told Reuters on Wednesday. | | | | | | Tony and Jhan Dunn never thought they would leave California, where they grew up, built a life together and planned to retire. | | | | | | British lender OSB reported on Thursday an 8% increase in its underlying net loans for the nine months ended September and stood by its growth forecasts for the year, driven mainly by strong housing demand as the economy emerges from the pandemic. | | | | | | British insurer Aviva is on track to return at least 4 billion pounds ($5.41 billion) to shareholders and meet cost saving targets, it said on Thursday, as activist investor Cevian pushes for higher returns. | | | | | |
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