Societe Generale Shares Climb on Above-Forecast First Quarter
Societe Generale's results were better than expected at the revenue and underlying profit levels and showed early recovery signs in French retail banking, analysts said.
HSBC's Green Credentials Come Under Fresh Scrutiny
Activist shareholders are pressing the Asia-focused bank to clarify plans to spend up to $1 trillion on sustainable finance in the coming years.
Credit Agricole to Meet Targets Early
Credit Agricole posted a rise in first-quarter earnings that beat expectations on revenue growth across all its businesses and said it would reach its medium-term targets by the end of this year.
Danske Bank Outlook on Track as Demand Sustained
Danske Bank backed its full-year guidance after reporting in-line first-quarter earnings on good demand for its products, efficiency gains and strong credit quality.
Coinbase Blows Past First-Quarter Earnings Estimates. Bitcoin's Boom Bolstered Profits.
Recent euphoria around Bitcoin's acceptance by major institutions probably provided a boost to the company this year, but major threats to its business remain.
Financial Services Roundup: Market Talk
Find insight on Trupanion, Hiscox, AXA and more in the latest Market Talks covering the Financial Services sector.
Macquarie's Full-Year Profit Falls, Cuts Dividend
Australia's biggest investment bank and asset manager reported a 32% fall in annual profit and cut its dividend by 14%.
Private-Equity Woes Spell Opportunity for Credit-Focused Ares
Leaders of Ares Management say the capital needs of buyout-fund sponsors drive demand for financing.
Hong Kong Regulators Start Insider Dealing Case Against Segantii Capital
Hong Kong's securities regulator has started criminal proceedings against hedge fund management firm Segantii Capital Management, the firm's founder and a former trader over insider dealing.
Apollo Raised $40 Billion in First Quarter, Eyes New Debt Vehicle for Individuals
The alternative-asset manager's earnings rose as investors flocked to private-debt funds.
(END) Dow Jones Newswires
05-03-24 1615ET