Expobank completes sale of HSBC’s Russian operations
HSBC has finalised the sale of its Russian unit to Expobank, ending two years of negotiations, Reuters reported on…
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UniCredit
European shares peak on earnings optimism, rate cut hopes
European shares reached their highest point in over a month on Tuesday, buoyed by a wave of positive corporate…
Western banks hand €800m tax to Kremlin in ’23
The seven largest European banks in Russia paid over €800 million in taxes in 2023 despite pledges to reduce their…
UniCredit to raise €13 billion in Italy’s biggest share issue
Italy's largest bank, UniCredit announced Tuesday it would raise 13 billion euros ($13.83 billion) in the country's…
Italian stocks lead European stock markets back to 11-month high
European stock markets surged on Tuesday, hovering around an 11-month high as Italian bank shares strengthened…
Europe Stocks Rise as Investors Weigh U.S. Shutdown
European stocks advanced, after yesterday’s biggest decline in a month, as investors weighed the continuation of…
Europe Stocks Rise to Five-Year High as Fed Resists Taper
European stocks rose to the highest level in more than five years as the Federal Reserve decided not to slow…
Iforex Boosts Global Trading Platform
Forex trading platform and financial service provider iForex said it has expanded its list of tradable products by…
UniCredit, Intesa Sold LSE Stakes To Boost Capital
Italian banks UniCredit and Intesa Sanpaolo said on Wednesday they had sold their combined 11.5 percent stake in…
Arabtec Shares Hike 15% as Aabar Investmetns Doubles Stake
The DFM General Index edged 2.37% higher to close at 1,693.67 Tuesday amid rising trading volumes. Arabtec…
