10 Financials Stocks With Whale Alerts In Today's Session

Benzinga13:35 ET

Market Chatter: US Regulator Finds Banks Need to Do More on Climate Risk Management

MT NewswiresAug 30 07:29 ET

Deutsche Bank hires former Citigroup veteran to expand its wealth business in the United Kingdom.

Deutsche Bank has hired Adam Proctor, a former director at Citigroup, to help build its wealth team in the United Kingdom. The largest bank in Germany aims to capture more business in the global wealth management market. Proctor, 45, will join Deutsche Bank in London next month as a managing director and senior client manager, focusing on ultra-high net worth individuals and their personal investment firms. He will report to James Whittaker, Head of Private Banking for Deutsche Bank in the United Kingdom. A Deutsche Bank spokesperson confirmed the contents of the memorandum.

環球市場播報Aug 30 04:59 ET

Citigroup: Maintains a 'neutral' rating on Guangdong Inv and raises target price to HK$4.8.

Citigroup issued a research report stating that it maintains a "neutral" rating on Guangdong Investment Limited (00270) with a target price raised from HKD 4 to HKD 4.8. Citigroup has revised its net income forecast for Guangdong Investment in the years 2024-2026 by 0.4%, 2.3%, and 2.2% respectively, to reflect the reduction in financial costs and improvement in cash flow. The report states that considering the risks faced by the company, Citigroup believes that a price-to-earnings ratio of 8.9 times for the fiscal year 2024 is reasonable. Although Guangdong Investment has increased its dividend payout ratio to 65%, higher than the bank's expected 50%, its earnings visibility still raises concerns. This is because the group's real estate

新浪港股Aug 30 04:47 ET

Market Chatter: Azul Weighs Options Including Chapter 11 Filing to Address Debt Obligations

MT NewswiresAug 29 10:57 ET

Copper Prices Rebound To Hit Six-Week High

Market ChameleonAug 29 10:56 ET