Saturday , 7 February 2026

Recent Posts

Chinese investors stop HK stocks buying spree

Bloomberg Chinese investors have paused in their pursuit of Hong Kong stocks. They sold a net HK$175 million ($22 million) of the city’s shares on Tuesday, according to data compiled by Bloomberg. That followed purchases of $10.2 billion over the previous 37 sessions, the longest streak since late 2017. Mainland traders had been attracted by cheap valuations as the benchmark …

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Deutsche Bank CFO weakens revenue goal after 2 months

Bloomberg Deutsche Bank AG Chief Financial Officer James von Moltke softened the lender’s mid-term revenue target just two months after setting it. The company now expects revenue of 24 billion euros ($26.6 billion) to 25 billion euros in 2022, von Moltke said at the Barclays Global Financial Services Conference in New York. That compares with a goal of about 25 …

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Barclays keeps $2b in insurance costs

Bloomberg Barclays Plc is putting aside an estimated 1.6 billion pounds ($2 billion) more after a rush in last-minute payment protection insurance claims, threatening t he lender’s promise to return more money to shareholders. The bank said a “significantly higher volume of PPI-related claims” ahead of the regulatory deadline led to the provision of between 1.2 billion pounds and 1.6 …

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