UBS gets support for capital plan, Ermotti pays from Norwegian wealth fund From Reuters

By Stefania Spezzati LONDON (Reuters) – Norway’s sovereign wealth fund has backed UBS’s plan to make its Additional Tier 1 (AT1) bonds, a form of debt, more attractive to investors…

Equity Bancshares Expands Home State Presence with Purchase of KansasLand Bank (NYSE:EQBK)

Banking stocks (NYSE:EQBK) on Monday announced it has entered into a definitive merger agreement with KansasLand Bancshares, the parent company of KansasLand Bank in Quinter and Americus, Kansas, adding two…

Nidec posts quarterly loss, hit by restructuring costs By Reuters

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Lufax Holding GAAP EPADs of -$0.21, total income of $964 million

Press release from Lufax Holding (NYSE: LU): First quarter GAAP EPAD of -$0.21. Total revenue of $964 million (-30.9% y/y). The outstanding balance of eligible loans was RMB270.2 billion as…

The United States will target Chinese banks that help Russia in the war effort, Reuters’ WSJ reports

(Reuters) – The United States is drawing up sanctions that threaten to cut off some Chinese banks from the global financial system, which officials hope will halt Beijing’s trade support…

UnitedHealth Confirms Personal Data Has Been Compromised in a Cyber ​​Attack (NYSE:UNH)

Fishing_iStock UnitedHealth Group (NYSE:UNH) said that a preliminary review of data involved in the February cyberattack on its Change Healthcare unit indicates that personal information was involved and that “a…

California will wrap up Exxon plastics probe ‘within weeks,’ Reuters AG says

By Valerie Volcovici WASHINGTON (Reuters) – California will conclude by this summer a two-year investigation into Exxon (NYSE) and the fossil fuel industry’s role in causing global plastic pollution and…

Exxon Leads Industry Fight Against UN Talks Aiming to Limit Plastic Production (NYSE:XOM)

Dean Mouhtaropoulos/Getty Images News Exxon Mobile (NYSE:XOM) is on the front line as petrochemical companies reject plans to limit plastic production, while more than 4,000 delegates and observers prepare to…

Cathie Wood’s ARK Buys Another $18 Million in Tesla Stock and Sells Zoom and Caterpillar From Investing.com

Cathie Wood’s ARK ETFs reported their daily trading for Monday, April 22, 2024, revealing a continued bullish position on Tesla Inc (NASDAQ:) and significant selling in Zoom on video communications…

Warren Buffett’s BNSF Railway contributed to two asbestos-related deaths, jury says

Angelo Di Bilio/iStock Editorial via Getty Images A federal jury said Monday that Berkshire Hathaway (NYSE:BRK.B) (BRK.A) The BNSF rail unit contributed to the deaths of two people exposed to…