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StanChart flags flat annual income despite strong Q3 profit; shares drop

Standard Chartered forecast flat income for the full year amid "uneven" economic recovery from the pandemic, even as it turned in a stronger-than-expected quarterly pre-tax profit, sending its shares lower on Tuesday.

Rising Treasury market illiquidity could pose financial market risk -BofA

Rising illiquidity in the $14.8 trillion U.S. Treasuries market could spill over into other financial markets as hedge funds reduce their capacity to take on risk, Bank of America warned in a report on Monday.

Funds managed by Blackrock to sell 55 mln shares in THG - bookrunner

Multiple funds managed by Blackrock are selling about 55 million shares in British e-commerce group THG , a bookrunner said on Monday.

How open enrollment boosts financial health in shaky times

Pop quiz for U.S. open enrollment season: What percentage of your total compensation is due to employee benefits?

GameStop chief operating officer Owens leaves after 7 months

GameStop Corp , the company whose stock became a sensation with day traders this year, said on Friday that Jenna Owens agreed to leave, just seven months after joining the video game retailer as its chief operating officer.

Higher inflation primary risk to portfolios as funds trim bond holdings

Global funds flagged higher inflation as the top risk to their portfolios over the coming three months, cutting recommended bond holdings to the lowest in nearly three years and raising exposure to equities, a Reuters poll found.

China toughens rules for its globally systemically important banks

China published rules on Friday that require its globally systemically important banks to beef up capacity to absorb losses to head off financial instability.

China's top banks see third-quarter profits jump more than 10%, bad loans steady

Five of China's largest state banks saw third-quarter profits rise by more than 10% as bad loans held steady, even as smaller lenders felt tremors from the ongoing debt woes at developer Evergrande.

Czech lender MONETA raises outlook after strong Q3

Czech lender MONETA Money Bank raised its 2021 profit forecast on Friday after a stronger-than-expected third quarter as risk costs eased, while higher interest rates bode well for the future.

Danske Bank shares slide after cut to profitability target

Shares in Danske Bank fell more than 5% on Friday after the lender reduced its 2023 profitability target, citing significant challenges such as compliance costs.