LONDON – Standard Chartered’s chief executive on Thursday warned that the stock market’s valuation had reached an inadvisable level during a period he described as “speculative hype”, saying it was possible for tech-led sell-offs to enter others. Fields. Bill Charters, CEO of Standard Chartered, told CNBC, “There are indications that …
Read More »Barclays reports 38% slide in net profit in 2020, resumes dividend payments
On Thursday, Barclays posted a full-year profit of 3 1.53 billion (2. 2.11 billion) for 2020, down 38% from 2019 but exceeding analyst expectations. The British lender attributed its fourth quarter net profit to 220 million shareholders, despite the UK taking new nationwide lockout measures amid the resurgence of Covid-19. …
Read More »Society General Earnings Q42020
This photo, taken on October 28, 2019, shows the logo of the Society General Bank in Istraham, Normandy, France. Summer Al-Dumi | AFP | Getty Images LONDON – The Society General beat analysts’ expectations on Wednesday, describing the second half of 2020 as a “significant improvement” in business, despite the …
Read More »Alabama’s Jones, Smith, Harris 6 Tide AP Lead All-Americans
Hazman Trophy finalists Mac Jones and Devonta Smith have been selected to the Associated Press All-America team, which leads Alabama’s team of five players in first-team offense. Crimson Tideback facing private Harris, Alex Leatherwood and center Landon Dickerson are also first-team picks. No. 1 Alabama is the first team since …
Read More »Spanish bank BBVA’s U.S. PNC to purchase operations.
PNC at a PNC Plaza in Pittsburgh, Pennsylvania. ATMs at the company headquarters for financial services. Getty Images Spanish financial group BBV has agreed to sell its US business, BBV USA Bankshares, to PNC Financial Services Group for 11 11.6 billion, the American Pay Firm announced on Monday. Headquartered in …
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