Credit Agricole’s Regional Owners to Tighten Grip on Bank
Credit Agricole SA’s regional-bank holders are planning to purchase as much as €1 billion ($1.1 billion) of the
2023-08-04 15:47
AT1s Deliver Big Returns to Traders Braving Credit Suisse Rout
In the days after Credit Suisse Group AG’s AT1s were wiped out, speculation was rife that the market
2023-08-04 15:46
World’s Largest Pension Fund GPIF Has Record Gain
Japan’s state pension fund, the world’s largest, posted a record gain of ¥18.98 trillion ($133 billion) during the
2023-08-04 15:29
Bond Traders Eye 5 Basis Points as BOJ Intervention Trigger
Bond traders are on guard for a further five-basis-points increase in benchmark Japanese bond yields amid speculation that
2023-08-04 15:19
Saudi Budget Slips Deeper Into Deficit With Jump in Spending
Saudi Arabia’s budget deficit widened in the second quarter as the government raised spending on social benefits and
2023-08-04 15:19
Credit Agricole Nears Deal for Degroof Petercam
Credit Agricole SA will acquire a majority stake in Belgian asset and wealth manager Degroof Petercam, as the
2023-08-04 15:18
Germany Factory Orders Unexpectedly Jump Most in Three Years
German factory orders unexpectedly jumped the most in three years in June, a sign that Europe’s largest economy
2023-08-04 14:54
Maersk Cuts Forecast for Global Trade as Destocking Lasts Longer
A.P. Moller-Maersk A/S, a bellwether for the world economy, lowered its estimate for global container trade, saying there
2023-08-04 14:50
Selloff in Long-Maturity Treasuries Squeezes Recession Wagers
The Treasury yield curve has steepened this week, but the shift is unnerving investors as it comes through
2023-08-04 14:27
Commerzbank Lifts Outlook for Lending as Rate Boost Persists
Commerzbank AG raised its outlook for lending income and said it will seek approval for another buyback as
2023-08-04 14:25
Wheat Gains as Russia Halts Novorossiysk Port Traffic on Attack
Wheat futures rose after the Novorossiysk port was closed to marine traffic by Russian authorities following a drone
2023-08-04 14:23
Egypt Surprises With Rate Hike Even as Devaluation Delayed
Egypt unexpectedly resumed its cycle of monetary tightening, seeking to tame inflation that’s running at an all-time high.
2023-08-04 13:48