Saturday , 20 December 2025

Recent Posts

StanChart leaves investors waiting for return to growth

Bloomberg Standard Chartered Plc shares fall as it set out a return to growth after the Covid-19 pandemic that was slower than some of its rivals. The London-based lender said it continues to expect earnings to be little changed on the full year but that growth should reach its expected range of 5% to 7% in 2022. Rivals such as …

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State Bank of India profit tops estimates on lower provisions

Bloomberg Shares in State Bank of India reached a record after profit at the nation’s largest lender beat estimates, helped by write-backs and fewer provisions for bad loans. Net income in the second quarter jumped 67% to 76.3 billion rupees ($1.02 billion) in the quarter ending September, according to a statement on Wednesday. That exceeded the average estimate of 66.5 …

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UBS set to start digital wealth manager in US

Bloomberg UBS Group AG is starting a digital wealth manager in the US to grab a bigger share of the country’s market for retirement savings and stock options, in a move that will pit it against the top Wall Street banks on their home turf. The new digital bank will service affluent customers with between $250,000 and $2 million in …

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