Recapitalization transaction for Rockefeller closed in the quarter. IGM Financial Inc. announced Q4 adjusted net earnings of $301.4 million, a 20.6% year-over-year quarterly increase and a record high. Fourth quarter adjusted earnings per share came in at a record $1.27. Q4 net...
The financing is guaranteed by the French state. European satellite firm Eutelsat has signed almost €975 million in export credit agency (ECA) financing to procure low-Earth orbit (LEO) satellites for its OneWeb constellation. The funds will support Eutelsat’s contract with Airbus...
Total global fintech funding hit US$116 billion, up from US$95.5 billion in 2024, according to the report. Investment in the UK financial technology world plummeted by more than 20 per cent last year to the lowest levels since the start...
The London Stock Exchange Group (LSEG) and the Industrial and Commercial Bank of China (ICBC) have inked a Memorandum of Understanding (MoU) aimed at enhancing their longstanding partnership. The agreement, signed in Beijing, coincided with the UK Prime Minister’s...
Shares of the country’s largest lender are down more than 15% from a record high in June. Commonwealth Bank of Australia’s (CBA) first-half profit topped estimates, buoyed by growth in its flagship mortgage business and a push in lending more...
Saudi Arabia’s banking sector outlook remains stable as stronger non-oil economic growth and solid capital buffers support lending and profitability, Moody’s Ratings said, forecasting continued expansion despite liquidity constraints. In its latest report, credit rating agency Moody’s said the Kingdom’s...
The bank’s productivity program is underway, said CEO Nuno Matos. ANZ has announced a cash profit of $1.38b (A$1.94b) for the Q1 2026 period that ended on 31 December 2025. Cash profit was 75% higher than the quarterly average in the...
Nuveen has agreed a £9.9bn cash acquisition of Schroders in a board-recommended transaction that will create one of the world’s largest active asset managers, with nearly $2.5trn of assets under management. Under the agreed terms, Schroders shareholders will receive £5.90...
Global infrastructure faces a $15 trillion financing shortfall by 2040, driving increased reliance on public-private partnerships to fund projects ranging from energy transition to digital connectivity, according to a new report by FII Institute. The ability to deliver resilient infrastructure,...
Private credit has “transformed both investor portfolios and global financial markets”, but future growth “hinges on efforts to improve transparency for investors” and provide “standardised performance benchmarks”, according to a new report. “Private equity and, more recently, private credit have...
