UBS plans $3bn share buyback on stronger than expected results
UBS blew past expectations during the fourth quarter with $770mn in net profit, boosted by a strong performance at its investment bank, and announced $3bn in share buybacks on Tuesday. Quarterly ...
BNP Paribas reaps gains from investment banking revival
Growth at BNP is expected to be boosted by the integration of Axa Investment Managers, which it acquired from the French insurer last year in a €5bn deal. Including the Axa IM business, BNP said it ...
EU open to bending fiscal rules to boost defence spending
Brussels is open to increasing the “flexibility” of the EU’s rules governing national debt and fiscal deficits to allow ...
FTAV Q&A: Anthony Scaramucci
FT Alphaville caught up with Anthony Scaramucci — founder of SkyBridge Capital and Donald Trump’s White House communications director for 10 days in 2017 — on the sidelines of the Digital Assets Forum ...