Tag: Financial Services

INTERLIFE: Αύξηση Παραγωγής Ασφαλίστρων το 2023

Σημαντική αύξηση Παραγωγής κατέγραψε η INTERLIFE Ασφαλιστική το 2023 ενισχύοντας περαιτέρω τη θέση της στην Ασφαλιστική Αγορά.

Mastercard’s fourth-quarter profit jumps 11% on resilient spending

Payments processor Mastercard on Wednesday reported an 11% jump in fourth-quarter profit, driven by resilient consumer spending during the holiday season as labor markets remained strong and fears of a recession eased.

MIG: Αγόρασε γραφεία στην οδό Σταδίου έναντι 2,8 εκατ. ευρώ

Την αγορά γραφείων συνολικής ωφέλιμης επιφάνειας 1.128 τ.μ. σε εμπορικό ακίνητο επί της οδού Σταδίου 10 και Ομήρου στην Αθήνα ολοκλήρωσε η MIG στις 26 Ιανουαρίου 2024.

American Express Stock Rises on Strong Guidance. The Wealthy Are Still Spending.

American Express shares rose Friday after the card issuer reported quarterly earnings below estimates but offered strong guidance and a dividend boost.

Visa Beats Expectations on Consumer Resilience

Visa the world’s biggest payments network, reported December quarter results that beat expectations and demonstrated consumer resilience. It reiterated its revenue and profit per-share forecast for this fiscal year.

Goldman Sachs tops revenue estimates on better-than-expected asset management results

Here’s what the company reported: Earnings of $5.48 per share; it wasn’t immediately clear if that was comparable to the $3.51 estimate of analysts surveyed by LSEG.

Wells Fargo posts higher fourth-quarter profit, helped by higher interest rates and cost cutting

Wells Fargoshares fell more than 1% before the bell Friday even after fourth-quarter profit rose from a year ago, as the bank warned that net interest income for 2024 could come in significantly lower year over year.

Berkshire Hathaway Scoops Up More Occidental Stock, Taking Stake to 34%

Occidental Petroleum  stock has been under pressure recently, and Berkshire Hathaway has capitalized on that weakness by adding to its large holding in the energy company.

Διπλή διανομή χρήματος από την Ευρωσύμβουλοι

Σε διπλή χρηματική διανομή προς τους μετόχους τους θα προχωρήσουν οι Ευρωσύμβουλοι μέσα στο 2024, καθώς πέρα από την ήδη εγκριθείσα επιστροφή κεφαλαίου, η φετινή ετήσια τακτική γενική συνέλευση αναμένεται να αποφασίσει και τη διανομή μερίσματος.

British fintech Revolut hits record revenue, profit tumbles

British fintech Revolut’s revenue rose 45% to a record 923 million pounds ($1.1 billion) in 2022, but net profit tumbled to 6 million pounds, down from 26 million pounds the year before, the company said in delayed annual accounts on Friday.

Berkshire Buys More Occidental Stock, Bringing Its Stake to 28%

Berkshire Hathaway bought more Occidental Petroleum stock in recent days, purchasing 5.2 million shares and bringing its total ownership to 243.7 million shares, for a 27.7% stake in the big energy company, according to a form 4 filing with the Securities and Exchange Commission late Thursday.

Mastercard Just Raised Its Dividend. Its Stock Is Rising.

Mastercard stock was rising after the company announced a dividend increase and a new buyback program

Barclays shares slip after major backer Qatar cuts stake

LONDON, Dec 5 (Reuters) – Barclays shares fell in early trading on Tuesday after one of the bank’s largest shareholders Qatar Holding moved to sell around 510 million pounds ($644 million) of its stock, cutting back on its crisis-era investment in the bank.

Wordline shares surge on report Credit Agricole could take stake

Shares in Worldline surged almost 12% on Friday after a media report said Credit Agricole was considering acquiring a stake in the French payment processing company.

Warren Buffett’s Right-Hand Man Charlie Munger Dies at 99

Charlie Munger, the outspoken business partner and sounding board of Berkshire Hathaway CEO Warren Buffett for more than 50 years, died at age 99 in Los Angeles, about a month before he would have turned 100 on Jan. 1, 2024.

HSBC on track to meet China wealth hiring target despite economic headwinds

HONG KONG, Nov 20 (Reuters) – HSBC is on track to meet a target of expanding its China wealth business headcount to 3,000 by 2025, despite the country’s current economic headwinds, as it bets on a steadily rising number of the extremely affluent, a senior executive said.

HSBC to build large personal banking business in India – country CEO

MUMBAI, Nov 9 (Reuters) – HSBC aims to further expand personal banking in India to serve the country’s fast-growing pool of high-earning professionals, after the launch there in July of its private bank, its India CEO said on Thursday.

UBS resumes selling the bonds at the heart of Credit Suisse controversy

UBS confirmed to CNBC that it is offering additional tier 1 securities, but did not comment on the details of the contracts and said it will provide additional information when the offering is complete.

UBS shares rise 3% as market focuses on strong underlying profit

The bank recorded an underlying operating profit before tax of $844 million, well ahead of consensus expectations.

Brookfield Asset Management Raises $26 Billion in 3Q, On Track for FY Target

Brookfield Asset Management has raised $61 billion in capital this year, including $26 billion in the latest quarter, as it tracks toward its target of close to $150 billion.