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Banca Monte dei Paschi di Siena exceeded profit expectations in the second quarter. Rival lender Banco BPM last week dropped a proposal to Monte Paschi to start merger discussions. Bloomberg's Steven Arons reports. (Source: Bloomberg)
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Rabobank’s Joe DeLaura details how renewed United States (US)–Iran tensions and disruptions at the Strait of Hormuz have driven a sharp rally and subsequent correction in Brent and West Texas…
Investors stood their ground ahead of a hotly anticipated jobs report and potential progress in Middle East talks.
Veteran Japan equity strategist Nicholas Smith has resigned from CLSA, according to a person familiar with the matter, the latest in a string of exits from the Chinese firm’s Tokyo operation.
A cancer biotech vying for a piece of AstraZeneca's cancer territory and a pain specialist chasing Vertex's landmark non-opioid drug are capping an IPO-heavy week.
Albar Capital Partners is to return external cash to investors and continue running its London-based market-neutral equities strategy exclusively for founder Javier Velazquez's former employer…
Chinese quantitative hedge fund managers are increasing investments in their own products, with 25 private fund firms committing more than RMB1.4bn ($195m) since the beginning of July, as managers…