Tag: Financial Services

Charles Schwab beats estimates on strong client engagement

The Charles Schwab Corporation (NYSE:SCHW) reported first-quarter results that exceeded analyst expectations, driven by robust client engagement and record trading activity.

Marsh Reports Strong First Quarter 2026 Results

Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, today reported financial results for the first quarter ended March 31, 2026.

Goldman Sachs tops estimates on record equities trading — here’s why the stock is falling

Goldman Sachs on Monday posted first quarter results that topped expectations on record equities trading results and higher-than-expected investment banking revenue.

Berkshire to Take $1.8 Billion Stake in This Marine Insurer. Why the Partnership’s a Big Deal.

Berkshire Hathaway (BRK.B) will form a strategic partnership with Tokio Marine (8766) Holdings, a leading Japanese property and casualty and life insurer, and take a 2.5% stake in the company.

Dealmaking to pick up this year despite Iran war risks, Goldman CEO says

Goldman Sachs (GS) expects mergers ​and acquisitions activity to accelerate in 2026 despite the disruption caused by the U.S.-Israeli war on Iran, CEO David Solomon said ‌on Friday.

Optima bank: Έως €65,5 εκατ. το τίμημα για το 80,84% της Euroxx Securities

Το μέγιστο συνολικό ποσό για την απόκτηση του ανώτατου ποσοστού έως 80,84% του καταβεβλημένου μετοχικού κεφαλαίου της Euroxx Securities διαμορφώνεται έως τα €65,5 εκατ. στο πλαίσιο προκαταρκτικών και μη δεσμευτικών διερευνητικών επαφών, όπως αναφέρει η Optima bank σε ανακοίνωση της σήμερα κατόπιν σχετικού ερωτήματος της Επιτροπής Κεφαλαιαγοράς και σε συνέχεια της χθεσινής της ανακοίνωσης στο Χρηματιστήριο Αθηνών, αναφορικά με ενδεχόμενη συναλλαγή απόκτησης πλειοψηφικού ποσοστού μετοχών στην Euroxx.

Optima Bank: Εξαγοράζει ποσοστό από 67% έως 80,84% της Euroxx – Οι επίσημες ανακοινώσεις

Την υποβολή μη δεσμευτικής πρότασης εξαγοράς ποσοστού από 67% έως 80,84% της Euroxx από την Optima Bank ανακοίνωσαν οι δύο εταιρείες, επιβεβαιώνοντας το ρεπορτάζ του mononews.

Mastercard to buy stablecoin infra firm BVNK for up to $1.8 billion

Mastercard (MA) said on Tuesday it would ​buy stablecoin payments infrastructure firm ‌BVNK for up to $1.8 billion.

California lithium company to go public in $4.7 billion SPAC deal

California-based ​lithium company Controlled Thermal ‌Resources will go public in the ​United States through ​a $4.7 billion merger with ⁠blank-check firm Plum ​Acquisition Corp IV (PLMKU) ​the companies said on Monday.

New Berkshire Hathaway CEO Greg Abel Signals He Expects Long Tenure

Berkshire Hathaway’s (BRK.B) new CEO Greg Abel thinks he will be on the job for a long time.

Swiss Re rises on $1.5 bln buyback despite $650 mln L&H charge

Swiss Re shares rose more than 3% on Friday after the reinsurer announced a $1.5 billion share buyback programme that exceeded expectations by 200%, overshadowing a record annual profit of $4.76 billion and a miss by its life and health unit on a $650 million portfolio charge.

Allianz profit guidance disappoints despite record 2025

Allianz SE VNA O.N. (ALVG) on Thursday reported record operating profit for 2025 but issued 2026 guidance that fell short of analyst expectations, with the insurer targeting operating profit of €17.4 billion, plus or minus €1 billion, compared to consensus estimates of €18.1 billion.

Circle Internet Stock Jumps 17% After Earnings. Stablecoin Leader Stabilizes the Ship.

Shares of Circle Internet Group (CRCL) spiked Wednesday after the stablecoin company reported better-than-expected quarterly earnings.

Klarna’s Quarterly Revenue Tops $1 Billion for the First Time. The Stock Is Still Falling.

Klarna, the Swedish buy now, pay later provider, posted what it called its “first billion-dollar revenue quarter” on Thursday. The stock reaction indicates investors weren’t all that impressed.

Cadence beats quarterly profit and revenue estimates on strong AI-linked demand

Cadence Design Systems (CDNS) beat quarterly revenue estimates on Tuesday, as strong demand for complex artificial intelligence processors lifted sales of its chip design software.

NatWest profits rise 25% as bank strikes biggest deal in decades

NatWest’s pre-tax profits rose 25 per cent to £7.7bn last year, partly driven by a boost to its private banking and wealth division, setting the stage for its largest acquisition in 20 years.

SocGen’s weak trading revenue overshadows forecast-beating results

Societe Generale (SOGN) reported a sharp drop in investment banking trading revenue that underperformed rivals and overshadowed an overall forecast-beating fourth quarter, hitting its shares on Friday.

PayPal shares sink 17% after forecasting weak 2026 earnings; HP’s Enrique Lores named new CEO

PayPal issued a lackluster profit forecast for 2026 and reported fourth-quarter earnings below Wall Street expectations on Tuesday, while naming HP’s Enrique Lores as its president and CEO.

Visa Beats Expectations on Stronger Spending. The Stock Is Falling.

Visa (V) reported better-than-expected adjusted earnings and revenue for its fiscal first quarter, boosted by strong card user spending.

Lazard shares rise as fourth quarter earnings beat estimates

On Thursday, Lazard Inc. (LAZ) reported fourth-quarter adjusted earnings and revenue that surpassed analyst expectations, driven by strong performance in both its main business segments.