Compared with peers, CIB has better room to lower its funding costs by replacing high-cost interbank funding with retail deposits at a lower cost.

On Thursday, Starboard Value disclosed a 9% ownership stake in Tripadvisor's stock of just under 10.64 million shares, or about$159.4 million based on the stock's closing price of $14.99 a share on ...

To fund its investments and crystallize value, EDPR resorts to asset sales. In March 2023, it issued EUR 1 billion of shares to fund its 2023-26 investment plan. This resulted in a limited 5% dilution ...

Silver's outperformance typically follows a predictable pattern: quiet accumulation, skepticism and then a breakout that catches markets by surprise. Fred Hickey, author of The High-Tech Strategist, ...

Autostore Holdings Ltd. was the biggest leader among large stocks during the session, jumping 10.3%, and Stolt-Nielsen Ltd. rose 7.1%. Vestas Wind Systems A/S rounded out the top three leaders on ...

A major part of the funding is coming from the LEAF Coalition, which has raised more than $1 billion to sponsor projects like Amazon's. LEAF was co-founded by Amazon along with governments like Norway ...

Corporate banking is China Citic Bank's flagship business, which boasts a solid customer base of large-scale state-owned enterprises. This is underpinned by its strong connection with its parent China ...

-- AstraZeneca is in talks with Summit Therapeutics for a deal in which it could pay as much as $15 billion over time to license a lung-cancer drug, Bloomberg reported Thursday, citing people familiar ...

"The June jobs report suggests the underlying trend in the economy was very tepid in June and in the second quarter," said Bill Adams, chief economist of Comerica. Let's start with the headline ...

Ping An Bank has transformed into a retail-focused bank, leveraging parent Ping An Insurance Group's reputable brand and integrated online/offline platform to smoothly migrate the group’s premium ...

PNC Financial Services has followed through on a plan to raise its dividend by 6% to $1.70 a share. The bank holding company said Thursday that the 10-cent raise will go into effect for dividends ...

Shares of chip-design software companies Synopsys Inc., Cadence Design Systems Inc. and Siemens AG were climbing Thursday morning after the companies said the U.S. had lifted export controls ...