Citigroup

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UBS is awaiting the result of an appeal against a €4.5 billion court decision in France for facilitating tax fraud, due in late September.
UBS profits surge as wealth management arm shines

UBS reported a surge in second-quarter profit as the world’s largest wealth manager reaped the benefits of buoyant markets and a boom in mergers and a(...)

A Digicel store in Savusavu. Covid-19 travel restrictions across the region have made it difficult for suitors to carry out site visits.
Australian telco Telstra bids $2bn for Digicel’s Pacific operation – report

Australian phone giant Telstra is reported to have made a $2 billion (€1.7 billion) bid for Digicel’s Pacific operations. A potential deal for the Pa(...)

The reception on Wall Street to a succession of banks beating targets? Most of their shares fell on the day they reported. Photograph: iStock
Growing signs that stock markets are getting ahead of themselves

JP Morgan, the largest bank in the US by assets, set the tone for global earnings season on Tuesday, reporting that its earnings per share soared an a(...)

US shares were lower in early afternoon trading as a rally in growth stocks ran out of steam. Photograph: Getty Images
Rising Covid cases rattle European markets

European shares fell on Thursday as rising Covid-19 cases across the continent rattled economically-sensitive sectors like travel, leisure and banks. (...)

The S&P retreated from a record high on Wednesday afternoon. Photograph: Angela Weiss/AFP
European shares keep losses in check after Fed calms fears

European shares recovered most of their day’s losses to remain near record highs on Wednesday after a dovish tone from the US Federal Reserve calmed (...)

Employees enter the Manhattan headquarters of Goldman Sachs.
Goldman wrestles with itself over higher pay for junior bankers

Goldman Sachs executives are wrestling with the question of whether they need to bump up salaries for junior investment bankers this year to match riv(...)

Wise’s listing follows the British government’s plans to allow dual-class share ownership on the top tier of the London Stock Exchange. File photograph: Getty
Money-transfer firm Wise boosting London’s hub ambitions

Fintech company Wise rose in its debut following a direct listing on the London Stock Exchange, in the largest such deal ever, bolstering Brexit Brita(...)

Declan Kelly
How Teneo’s master of the dark arts spun out of control

It took Declan Kelly and Doug Band just a decade to build Teneo into what they could call, with only a little of the PR men’s trademark topspin, “the (...)

Businessman sitting at workplace desk holding yellow envelope take out received paper letter notice sheet, close up image. Business correspondence, corporate news, notification or invitation concept
Bank of Ireland sale will inevitably reignite vexatious issue of banker bonuses

As the Government made moves this week to finally get the ball rolling on exiting at least one the State’s bailed-out banks, UK taxpayers face the pro(...)

Tesla gained 4.3 per cent as the electric vehicle maker opened a solar-powered charging station with on-site power storage in China.
Inflation fears slow gallop of European stocks

Inflation fears kept European stocks below record highs on Wednesday, overshadowing positive news about rising business activity. Dublin News that t(...)

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