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UPDATE 1-India's Axis Bank reports wider-than-expected Q4 loss on Citi deal
Reuters via Yahoo Finance Canada· 1 year agoIndia's Axis Bank Ltd on Thursday reported a wider-than-expected one-time loss in the fourth quarter, weighed down by costs incurred due to its $1.41 billion Citi deal. Axis reported a loss ...
Tiff Macklem Demands 2% Inflation – Will Bank Stocks Benefit?
The Motley Fool via Yahoo Finance Canada· 2 years agoCanada's central bank will need to hike interest rates to hit the 2% inflation target. Will banks...
As global rates turn, banks in India and Indonesia set to win
Reuters via Yahoo Finance Canada· 8 months agoAs Asia's banking sector navigates a peak in global interest rates and risks of slower growth,...
Troubled Indian Fintech Paytm Wins Reprieve With Axis Deal
Bloomberg via Yahoo Finance Canada· 5 months ago(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what...
UPDATE 2-Axis Bank closes Citi India deal at lowered price of $1.41 bln
Reuters via Yahoo Finance Canada· 1 year agoIndian private lender Axis Bank Ltd said on Wednesday it completed a deal to buy Citigroup Inc's local consumer and non-banking finance businesses, marking the U.S. lender's exit from its credit ...
Can TD Bank Stock Rebound to $90 in 2023?
The Motley Fool via Yahoo Finance Canada· 1 year agoToronto-Dominion Bank (TSX:TD) went over $90 earlier this year. Can it reach that level again? The post Can TD Bank Stock Rebound to $90 in 2023?...
Citigroup beats estimates on higher income from loans; shares rise
Reuters via Yahoo Finance Canada· 1 year agoCitigroup Inc's first-quarter profit beat Wall Street expectations as it earned more from borrowers...
Argo Group (ARGO) Banks on Segmental Growth Amid Cost Woes
Zacks via Yahoo Finance Canada· 10 months agoArgo Group (ARGO) stands to gain from highly profitable business, growth efforts, expense initiative...
This Bank Hits All-Time High; What Should Investors Do?
Investing.com via Yahoo Finance Canada· 2 months agoAxis Bank (NS:AXBK) touched a new lifetime high in today’s session. This private-sector lender holds a weightage of 11.51% and has a market capitalization of INR 3,62,550, making it the 4th ...
Higher Rates & Trading to Aid Citi's (C) Q1 Earnings, IB to Hurt
Zacks via Yahoo Finance Canada· 1 year agoHigher rates are expected to have driven Citigroup's (C) Q1 NII and robust client activities are...