Abrdn CIO slams jabs at company’s rebranded name
The abrdn Plc office at St Andrew Square in Edinburgh, U.K. on Thursday, Nov. 11, 2021. Jonne Roriz | Bloomberg | Getty Images The press making jabs at the current…
Wall Street worries about NYCB’s loan losses and deposit levels
A sign is pictured above a branch of the New York Community Bank in Yonkers, New York, U.S., January 31, 2024. Mike Segar | Reuters Regional lender New York Community…
World’s largest hedge funds record bumper year of profits
Signage for Citadel Investment Group LLC hangs outside their office in Chicago, Illinois, U.S. Bloomberg | Getty Images The world’s top hedge funds raked in record profits last year amid…
Morgan Stanley earnings Q4 2023
The Morgan Stanley headquarters is seen in New York City on Jan. 17, 2023. Michael M. Santiago | Getty Images Morgan Stanley on Tuesday reported fourth-quarter revenue that surpassed expectations,…
UK and Switzerland to sign post-Brexit financial services deal
The U.K. and Switzerland are deepening the ties between their financial services sectors with a new post-Brexit deal. Sopa Images | Lightrocket | Getty Images LONDON — The U.K. and…
Credit card losses rising at fastest pace since Great Financial Crisis
Frederic J. Brown | AFP | Getty Images Credit card companies are racking up losses at the fastest pace in almost 30 years, outside of the Great Financial Crisis, according…
Malaysia’s Anwar vows to recover Goldman 1MDB settlement, warns of lawsuits
Malaysia’s then-opposition leader Anwar Ibrahim leaves after meeting with Malaysia’s King at the National Palace in Kuala Lumpur on November 22, 2022. Nurphoto | Nurphoto | Getty Images Malaysia’s Prime…
ASEAN moves closer to economic unity with new regional payments system
Indonesian President Joko Widodo makes a speech during the Association of Southeast Asian Nations (ASEAN) Foreign Minister’s Meeting in Jakarta, Indonesia on July 14, 2023. Murat Gok | Anadolu Agency…
Singapore bank UOB expects ‘some upside’ to NIM after Fed rate hike
Singapore’s United Overseas Bank is expecting “some upside” in interest income in the next quarter, after the U.S. Federal Reserve announced a fresh rate hike overnight. UOB’s core net profit…
These non-tech stocks are ‘back from the dead.’ Here’s where we stand
A number of Club stocks that were unloved on Wall Street earlier in the year have seen their fortunes rebound in recent months, including oilfield-services firm Halliburton (HAL) and industrial…