In the second quarter of this year, Nordea's profit exceeded analysts' expectations, peaking in the second quarter of this year, when the bank made a profit of 1,303 million euros. However, this is 2 percent less than in the same...
Recovery of agricultural exports, real wages, increased cellulose production, easing of financial conditions expected to support growth. Uruguay's economy is expected to grow 3.4% this year and 3% next year, the International Monetary Fund (IMF). "The economy is expected to strongly...
The ongoing deline in fintech investment continues in the first half of 2024 but shows signs of bottoming out, acccording to new figures from Innovate Finance. The total capital invested into fintech globally reached $15.9 billion in H1 2024, a...
Turkmenistan's GDP rose by 6.3% during the first half of this year, according to data presented during an extended meeting of the Cabinet of Ministers on July 12. Deputy Prime Minister Geldimyradov highlighted several key economic indicators. Turkmenistan's GDP growth...
Despite the impressive rise of private alternatives, two-thirds of European and Asian professional fund buyers believe their clients remain underexposed to this asset class, according to a study. PGM, the global asset management arm of Prudential Financial, surveyed 210 gatekeepers...
Quarter-on-quarter growth improves at 0.4 per cent. Singapore’s economy grew 2.9 per cent year on year in the second quarter of 2024, comparable to the revised growth rate of 3 per cent in the previous quarter, going by advance estimates...
Financial advisers in the UK have increased spending on technology over the past year, according to a survey. Fifty-five per cent of advisers surveyed by financial data firm FE Fundinfo said they had increased spending on tech over the past...
Private equity firms Bain Capital and Reverence Capital have agreed to buy Envestnet in a deal that values the provider of wealth management technology and data at $4.5 billion. Bain and Reverence are being backed by a consortium of minority...
BNP Paribas has inked a multi-year agreement with Mistral AI, covering all of the French artificial intelligence giant's commercial models. BNP Paribas's global markets unit has been experimenting with Mistral AI's models since last year, with "strong results". The bank...
Based in Central Asia, digital banking provider TBC Uzbekistan is a subsidiary of London-listed TBC Bank Group. TBC Bank Group also invested $23 million, and with the European Bank for Reconstruction and Development (EBRD) and the World Bank's International Finance...
