Japan Manufacturers Gloom Rises, Adds to Growth Pains Reuters Tankan

Manufacturers39; Feb sentiment index 1 vs Jan 6 Servicesector index 26, down 3 points from Jan Manufacturers39; mood seen rebounding, servicesector down Reuters Tankan closely correlates with BOJ tankan TOKYO, Feb 21 Reuters Japanese manufacturers39; business morale soured sharply in February with pessimists outnumbering optimists for the first time in 10 months, the Reuters Tankan […]
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Japans Mizuho Aims to Remain Top 10 Global Investment Bank

TOKYO, Feb 21 Reuters Mizuho Financial Group aims to stay in the top 10 of the global investment bank league table, its investment banking chief told Reuters, after it became the first Japanese bank to enter the table39;s upper echelons in more than a decade. Mizuho ranked 10th in LSEG39;s investment banking league table last year, […]
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Barclays Maps Uncertain Route to Simpler, Stronger Future

LONDON, Reuters Barclays, unveiling its biggest revamp since 2016, sought to appease investors seeking a clearer route to less volatile returns. Yet the British lender39;s plan to dedicate fewer financial resources to its investment bank is at odds with ambitions to expand in some of the unit39;s higherrisk businesses, investors said. Barclays has historically devoted much of its […]
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Glencores 2023 Earnings Halve on Lower Commodity Prices

LONDON, Feb 21 Reuters Glencore said on Wednesday lower commodity prices had halved its earnings last year, and slashed its payout to investors, as the company saves to fund the acquisition of a 77 stake in Teck Resources39; metallurgical coal business. After two consecutive record years, adjusted earnings before interest, tax, depreciation and amortisation EBITDA to […]
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