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• HSBC is selling its Canada business to the Royal Bank of Canada for 13.5 billion Canadian dollars (€9.7bn), which may lead to a large dividend for shareholders from 2024 onwards. The lender has been cutting some of its global businesses in recent years to improve profits, specifically after the pressures from its biggest shareholder Ping An Insurance. The deal with RBC repairs HSBC’s weak capital position according to analysts.

30 Kas 2022

• Deutsche Bank closed up 4.38% after defying market expectations and posting profits for Q4 2021, in its 6th consecutive quarter and 2nd consecutive year. The German lender made €3.7 billion in before-tax profits after leaving years-long restructuring behind it. Furthermore: The bank announced a €300-million buyback scheme and will pay a dividend — €0.20 per share — for the first time since 2018.

28 Oca 2022