Balance Sheet

Exclusive: Goldman Sachs to cut asset management investments that weighed on earnings

Goldman Sachs Group Inc's asset management arm will significantly reduce the $59 billion of alternative investments that weighed on the bank's…

3 years ago

Vodafone teams up with KKR and GIP in 16 billion euros towers deal

Vodafone has agreed to sell a major stake in its wireless infrastructure company Vantage Towers to GIP and KKR, creating a…

3 years ago

Spain’s Iberdrola to invest $47 bln in energy transition in 2023-25

Spain's Iberdrola will invest 47 billion euros ($47 billion) in electricity networks, renewable energy production and customer businesses over the next…

3 years ago

EXCLUSIVE ECB staff sees lower rate peak than market, sources say

European Central Bank staff see the need for fewer rate hikes than markets now estimate to tame inflation, according to…

3 years ago

Exclusive: Credit Suisse sounds out investors about capital hike – sources

Credit Suisse is sounding out investors for fresh cash, two people familiar with the matter said, approaching them for the…

3 years ago

JPMorgan upbeat on Greek banks, upgrades Piraeus to ‘overweight’

JPMorgan upgraded Piraeus Bank (BOPr.AT) to "overweight" and said it was positive on Greece's four big banks in a research report published…

3 years ago

Bank of America posts drop in quarterly profit as dealmaking slumps

Bank of America Corp (BAC.N) posted a nearly 34% drop in second-quarter profit on Monday, hit by a slump in investment banking…

3 years ago

TomTom sticks with revenue and cashflow guidance, giving shares a boost

Dutch digital mapping group TomTom (TOM2.AS) on Friday confirmed its revenue and cashflow guidance for 2022 and 2023, boosting its shares, after…

3 years ago

StanChart bets on rate hikes to hit lofty goals as profit disappoints

Standard Chartered (STAN.L) has raised its core profitability goals and promised shareholders extra payouts, despite full year profit undershooting expectations, as it…

4 years ago

Analysis: Investors eye uncharted waters as quantitative tightening looms in Canada

As the Bank of Canada prepares to shrink its bloated balance sheet, investors say the move could enable expected interest…

4 years ago