J.T. Deignan: In the latter part of last year, we started to see some of the sectors come back to life: insurance, in particular. The business development corporation (BDC) sector also started to show great performance in the secondary market, which gave more comfort for issuers to...
This optimistic forecast comes on the heels of Vestas’ solid performance in 2023. Despite challenges, the company achieved a revenue of EUR 15,382 million, surpassing its outlook range of EUR 14.5-15.5 billion. The EBIT margin before special items stood at 1.5 percent, falling within the proje...
Financial Sector Transformation 2024 pdf epub mobi 电子书 图书描述 While policy makers need to be focused on achieving and sustaining basic macroeconomic stability in the transition of economies from a socialist to a market orientation, financial institutions and reforms play a particularly crucial role...
In February 2024, Zurich Insurance Group announced the largest investment by a global insurer in a non-life insurer in the Indian market with its proposed $670m acquisition of a 70% stake in Kotak Mahindra Bank’s general insurance arm. In the asset and wealth management sector, new entrants...
So there's a tension between the pricing of credit and the underlying realization of credit performance. In the medium term, we worry about the buildup of debt. Since the pandemic, debt to GDP has been increasing around the world. That includes sovereigns as well as the f...
the betterment of society. What we mean by that is if you see the opportunities for institutions to not only think about the communities they serve, but the products and services they bring to those communities, in every sector, in banking, in real estate insurance, and investment manageme...
As previously communicated the implementation of a complex ERP system upgrade in our Matthew Clark and Bibendum ("MCB") business had a material impact on the performance of the GB distribution business and, as a consequence, the Group in FY2024. However, we are pleased that we were able to...
Cash and cash equivalents of $11.9 million as of March 31, 2024 as compared to $14.0 million as of December 31, 2023. First Quarter 2024 Operational Performance Orders for the first quarter were $13.6 million primarily driven by demand in the aerospace sector and in our S...
M&A outlook for financial services in the second half of 2024 Despite a challenging market environment and slower than normal deal activity throughout the FS sector in the first half year 2024, we see potential for an uptick in M&A with an improved deal flow in the next six to 12 months....
The latest news and developments from the financial services sector. Analysis and updates from the banking, investment and insurance industries.