India’s plan to divest state-owned companies is ‘back on track’, says top official
An Air India passenger flight prepares for landing. STR | NurPhoto | Getty Images India is “back on track” in its efforts to divest state-owned […]
Banks
Britain should overhaul listings to boost its $15 billion fintech sector post-Brexit, review says
Icons for the Monzo and Starling banking apps on a smartphone. Adrian Dennis | AFP via Getty Images LONDON — The U.K. should reform listings […]
Fintech firm Klarna is raising $1 billion at a $31 billion valuation, sources say
The logo of Swedish payment provider Klarna is shown on the display of a smartphone on April 22, 2020 in Berlin, Germany. Thomas Trutschel | […]
Stock markets ‘look frothy,’ but Standard Chartered CEO sees no reason to panic over inflation
LONDON —The chief executive of Standard Chartered on Thursday warned stock market valuations appear to have reached unsustainable levels amid a period of what he […]
Cash usage has increased amid the pandemic, Brinks CEO says
While digital retail sales have surged during the coronavirus pandemic as homebound consumers spend more time on money online, cash is still king, according to […]
HSBC pays dividends again after beating estimates on 2020 profit
HSBC building in the Canary Wharf district of London, U.K. Leon Neal | AFP | Getty Images HSBC on Tuesday reported full-year earnings for 2020 […]
European banks have been resilient during the Covid crisis, but still face 2 major challenges
People wearing face masks walks in Frankfurt am Main, western Germany, as the European Central Bank headquarter can be seen in the background. YANN SCHREIBER […]
Credit Suisse swings to fourth-quarter loss, weighed down by provisions for a U.S. legal dispute
LONDON — Credit Suisse swung to a better-than-expected loss in the fourth quarter of 2020, on the back of higher provisions for legal disputes. The […]