Recent Posts

Protesters mimic Ottawa blockade to disrupt New Zealand capital

  Bloomberg A convoy of cars and campervans blocked streets around New Zealand’s parliament in Wellington on Tuesday to protest Covid-19 restrictions, attempting to mimic the truckers who have gridlocked the Canadian city of Ottawa. About 2,000 protesters descended on downtown Wellington from around the country, parking their vehicles in streets around parliament buildings, disrupting traffic and holding speeches on ...

Read More »

BNP’s payout pledge falls flat with investors as costs jump

  Bloomberg BNP Paribas SA’s joined European peers in pledging higher profitability and bigger shareholder returns, while struggling to contain a surge in costs that’s plaguing the industry. The Paris-based bank on Tuesday set a target for a return on tangible equity — a key measure of profitability — of more than 11% in four years’ time and vowed to ...

Read More »

Barclays to take on Credit Suisse wealth clients across Africa

  Bloomberg Credit Suisse Group AG will refer its private banking clients to Barclays Plc in nine African markets as the Swiss lender exits most of the sub-Saharan region. “Credit Suisse has signed a private banking client referral agreement with Barclays as part of the plan to exit nine non-core wealth management markets primarily in Sub-Saharan Africa, excluding South Africa,” ...

Read More »
Send this to a friend