Barclays is being accused by environmental groups of greenwashing after helping to arrange €4bn (£3.4bn) in financing for the Italian oil company Eni in a way that allows them to qualify towards its $1tn sustainable financing goal. Environmental groups have…
Read more
May 2 (Reuters) – A U.S. Department of Justice (DoJ) investigation into TD Bank (TD.TO), opens new tab is focused on how Chinese drug traffickers and crime groups used the Canada’s second-largest lender to launder their money from fentanyl sales, the Wall…
Read more
Travel firm Viking Holdings said on Monday it was seeking to raise up to $1.33 billion in an upsized initial public offering in the United States. The company and some of its existing shareholders plan to sell 53 million shares,…
Read more
Chubb CB 0.52%increase; green up pointing triangle, the insurer of the collapsed Francis Scott Key Bridge in Baltimore, is preparing to make a $350 million payout to Maryland, paying the full amount of the coverage quickly rather than waiting for the rebuilding to begin.…
Read more
May 2 (Reuters) – National Australia Bank (NAB.AX), opens new tab posted a double-digit drop in first-half earnings on Thursday but talked up the strength of the economy and said a margin-crunching struggle for the vital home loan market showed signs of…
Read more
NEW YORK, April 30 (Reuters) – Citigroup (C.N), opens new tab CEO Jane Fraser told shareholders on Tuesday that U.S. consumers are becoming more cautious with their spending and making smaller purchases. U.S. borrowers earning lower incomes are increasingly struggling to keep up with…
Read more
Bitcoin slid to its lowest level in over two months to kick off May, as the Federal Reserve held interest rates steady. The cryptocurrency at one point dropped 5% to $56,526.00, its lowest level since Feb. 27, according to CoinMetrics. It…
Read more
Carey Halio, Goldman Sachs’ head of strategy and investor relations, is getting promoted to global treasurer at the bank, according to people familiar with the matter. Her new role, effective June 1, encompasses authority over the firm’s more than $1.6 trillion balance…
Read more
Bahrain’s alternative asset manager, Investcorp, is to acquire the digital technology business of India’s National Stock Exchange (NSE) for $120 million. NSEIT provides advanced digital transformation and cybersecurity services to global customers in capital markets, insurance and banking in India, North America and…
Read more
QatarEnergy has awarded a $6 billion contract to China State Shipbuilding Corporation (CSSC) to build 18 of the largest LNG vessels ever made as part of the state-owned company’s fleet expansion programme. Each “ultra-modern” QC-Max vessels will have a capacity…
Read more
