Wednesday , 11 February 2026

Recent Posts

Oil spike sends India assets lower amid ‘inflation concerns’

Bloomberg India’s rupee halted a seven-day rally and bonds declined after a drone attack on Saudi Arabia’s oil facilities sent global crude prices soaring by the most on record. The currency fell 0.9 percent to close at 71.5963 per dollar and the benchmark 2029 bond yields rose eight basis points to 6.72 percent. The S&P BSE Sensex gauge of equities …

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BTG takes cue from Blankfein to go ‘digital’ to weather storms

Bloomberg Andre Esteves once joked that Banco BTG Pactual SA, the Latin American investment bank powerhouse he helped create, would one day become “better than Goldman” — a play on the firm’s name. Now, BTG is chasing Goldman Sachs Group Inc down another path, looking to build a digital retail bank for the masses. The firm, under the BTG Digital …

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Bank profits sink in Denmark over ‘negative rates’

Bloomberg Banks in Denmark have seen their aggregate profits sink this year, according to calculations by the industry’s main lobby group, which has repeatedly urged monetary policy makers to provide relief from long-term negative interest rates. Industry profits fell 20 percent in the first half of this year, Finans Danmark said. Denmark’s 17 biggest banks and mortgage lenders reported after-tax …

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