UniCredit CEO says deal with Commerzbank likely as talks resume

UniCredit CEO says deal with Commerzbank likely as talks resume

UniCredit CEO says deal with Commerzbank likely as talks resume
The June quarter earnings season, which kicked off on July 9 with Tata Consultancy Services (TCS) reporting its results, is expected to gather pace this week. Corporate earnings are projected to grow around 10%, marking the strongest expansion in four quarters. With the results calendar set to intensify, as many as 143 companies are scheduled…
Matt Brown says he’s seeing the same dynamic play out again and again: A client gets ready to buy, runs the numbers, then decides to spend another year renting. “Between elevated mortgage rates, insurance quotes that came in far higher than they expected, and a property tax bill that resets to full market value when…
IPO-bound SBI Funds Management on Thursday exuded confidence in the largest asset manager’s Rs 11,600-crore maiden public equity offering sailing through despite prevailing market volatilities. The entity, which declared a price band of Rs 545-574 per share for the initial public offering, is looking to double the international book to USD 5 billion in three…
President Donald Trump’s plans for H-1B visas are running into legal roadblocks. A federal appeals court on Friday refused to revive Trump’s $100,000 fee on new H-1B work visas, dealing another setback to the administration’s effort to dramatically raise the cost of hiring highly skilled foreign workers. The Boston-based 1st US Circuit Court of Appeals…
The former owners of a Georgia apartment complex sued Arbor Realty Trust for allegedly locking them into a high-interest loan with the promise of refinancing, only to lead the owners into foreclosure and buy the property from them at auction. Brothers Yisroel and Hanoch Cimerring, who bought the 474-unit complex in College Park, Georgia for…
Steward Partners, a Stamford, Conn.-based independent financial services firm with more than $53 billion in client assets, has named Joseph Glick as chief operating officer. Glick joins Steward from Sequoia Financial Group, where he served as both chief operating officer and chief financial officer, overseeing the firm’s operational and financial infrastructure, as well as M&A…