Banking

Deutsche Bank moves forward sustainability goals to ease criticism

Deutsche Bank (DBKGn.DE) on Thursday brought forward to 2023 the goal of facilitating more than 200 billion euros ($244 billion) in sustainable financing and investments, as the top German lender tries to counter criticism over fighting climate change.

Nomura, UBS, UniCredit fined 371 mln euros over bonds trading cartel

Italy’s UniCredit (CRDI.MI) said it would appeal to the European Courts and UBS (UBSG.S) said it was considering doing so after EU antitrust regulators handed out fines totalling 371 million euros ($452 million) in connection with a European government bonds trading cartel.

New global carbon exchange to launch in Singapore by year-end

Singapore bank DBS (DBSM.SI), Standard Chartered (STAN.L), Singapore Exchange (SGXL.SI), and state investor Temasek Holdings said on Thursday they are teaming up to develop a global exchange and marketplace for high-quality carbon credits.

Julius Baer confirms targets as AuM grow 8% through April

Julius Baer (BAER.S) said it was on track to deliver on financial targets as the Swiss wealth manager posted an 8% rise in assets under management for the first four months of 2021 to 470 billion Swiss francs ($523.9 billion).

Berkshire sheds nearly all of Wells Fargo, a holding since 1989

Berkshire Hathaway Inc (BRKa.N) has sold nearly all of its holdings in Wells Fargo & Co (WFC.N), as Warren Buffett abandoned a more than 31-year-old investment that had been among his most successful before the bank was felled by scandals for mistreating customers.

Italy’s Berlusconi family sells Mediobanca stake

Former Italian Prime Minister Silvio Berlusconi’s family has sold its 2% stake in Mediobanca (MDBI.MI), in the latest change affecting the shareholder base of Italy’s top investment bank.

Deutsche Bank moves forward sustainability goals to ease criticism

Deutsche Bank (DBKGn.DE) on Thursday brought forward to 2023 the goal of facilitating more than 200 billion euros ($244 billion) in sustainable financing and investments, as the top German lender tries to counter criticism over fighting climate change.

Nomura, UBS, UniCredit fined 371 mln euros over bonds trading cartel

Italy’s UniCredit (CRDI.MI) said it would appeal to the European Courts and UBS (UBSG.S) said it was considering doing so after EU antitrust regulators handed out fines totalling 371 million euros ($452 million) in connection with a European government bonds trading cartel.

New global carbon exchange to launch in Singapore by year-end

Singapore bank DBS (DBSM.SI), Standard Chartered (STAN.L), Singapore Exchange (SGXL.SI), and state investor Temasek Holdings said on Thursday they are teaming up to develop a global exchange and marketplace for high-quality carbon credits.

Julius Baer confirms targets as AuM grow 8% through April

Julius Baer (BAER.S) said it was on track to deliver on financial targets as the Swiss wealth manager posted an 8% rise in assets under management for the first four months of 2021 to 470 billion Swiss francs ($523.9 billion).

Berkshire sheds nearly all of Wells Fargo, a holding since 1989

Berkshire Hathaway Inc (BRKa.N) has sold nearly all of its holdings in Wells Fargo & Co (WFC.N), as Warren Buffett abandoned a more than 31-year-old investment that had been among his most successful before the bank was felled by scandals for mistreating customers.

Italy’s Berlusconi family sells Mediobanca stake

Former Italian Prime Minister Silvio Berlusconi’s family has sold its 2% stake in Mediobanca (MDBI.MI), in the latest change affecting the shareholder base of Italy’s top investment bank.

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