AMSTERDAM: ING, one of the largest banks in Europe, announced its financial results for the fourth quarter and the full year of 2023, showing strong performance across its retail and wholesale banking segments. The bank posted a net result of €1,558 million for the fourth quarter, up 31% from the same period in 2022, and…
Tag: Finance
Finance
Finance is the study of money, investments, and how money is managed. It is a broad field that includes many different areas, such as: Finance is a complex and ever-changing field, but it is essential for understanding how money works and how to make sound financial decisions. Here are some of the most important concepts…
Proven Bitcoin Trading Strategies (A Beginner’s Guide)
Master Bitcoin Trading: Top 7 Strategies for 2024 The volatile world of Bitcoin can be daunting for new traders. Having a clear strategy is not just a recommendation—it’s a necessity for managing risk and pursuing profit. This guide breaks down the top seven Bitcoin trading strategies, from simple long-term holds to advanced technical techniques, giving…
Total issues hybrid bonds to finance its development strategy in renewables
PARIS: Total SE successfully issued perpetual subordinated bonds in the amount of €3 billion. Jean-Pierre Sbraire, Chief Financial Officer at Total, said: “These hybrid bonds provide a cost of capital comparable to that of pure players in renewables and is therefore suited to finance acquisitions in this business. These bonds will finance in a very…
Cloudberry contemplates private placement to finance growth
OSLO: Cloudberry Clean Energy AS is contemplating to raise gross proceeds of between NOK 300 and NOK 500 million by issuing new shares in the Company through an accelerated bookbuilding process. Cloudberry Clean Energy AS has retained Carnegie AS and Pareto Securities AS as Joint Lead Managers and Joint Bookrunners to advise on and effect…
Axis Bank
Axis Bank is the third-largest private sector Indian bank, and offers a range of financial products. The bank has its head office in Mumbai, Maharashtra. It has 4,800 branches, 17,801 ATMs and 4,917 cash recyclers across the country as of 31 March 2020, and nine international offices. It has a market capitalization of ₹2.31 trillion…
Graham Wheeler appointed CEO of Advantage Finance
LONDON: S&U plc, the specialist motor finance and bridging lender, announces the appointment of Graham Wheeler as CEO of S&U’s market leading motor finance business, Advantage Finance. Graham joins the Company on 1st October 2019. Graham will take the reins at Advantage Finance from Guy Thompson, who is planning to retire in 2020. Guy was…