Saturday , 7 February 2026

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ICICI Bank Q3 net profit climbs 19% from a year earlier

Bloomberg ICICI Bank Ltd.’s third-quarter profit rise 19% from a year earlier, boosted by robust loan growth. Net income at India’s second-largest private lender rose to 49.39 billion rupees ($677 million) in the quarter ended December 31 from 41.5 billion rupees a year earlier, it said in a statement. That beat the average estimate of 42.4 billion rupees from 17 …

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MoneyLion in talks to go public via Fusion SPAC

Bloomberg MoneyLion, a mobile banking, lending and investment platform, is in talks to go public through a merger with Fusion Acquisition Corp., a blank-check company. Fusion, the special purpose acquisition company, has begun discussions to raise new equity from potential investors for a transaction that’s set to value the combined entity at more than $2 billion, said the people, who …

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Orcel to sacrifice millions in UBS pay in move to UniCredit

Bloomberg Andrea Orcel is set to step away from tens of million of dollars in deferred pay once he realises his ambition of becoming the chief executive officer of a top European bank. UniCredit SpA will not compensate the former UBS Group AG star executive for deferred payments he will lose for joining a peer within seven years of leaving …

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