Edition:
United Kingdom

Aparajita Saxena

Goldman Sachs will slow consumer loan growth if market falters

16 Oct 2018

Goldman Sachs will limit loan growth in one of its new business areas if it sees a marked deterioration in credit quality, potentially jeopardizing new Chief Executive David Solomon's task of boosting revenue by $5 billion by 2020.

Equity trading strength boosts profits at Morgan Stanley, Goldman

16 Oct 2018

Wall Street's top investment banks reported better-than-expected quarterly profits on Tuesday, helped by strength in stock trading and equity underwriting, wrapping up what has been a strong quarter for the big U.S. banks. | Video

Wells Fargo profit rises, cost cuts paying off

12 Oct 2018

Wells Fargo & Co posted a 32 percent jump in quarterly profit on Friday, as the bank made headway in its cost-cutting plan and worked to put past misdeeds behind it. | Video

Animal health firm Elanco surges 41 percent on debut

20 Sep 2018

Eli Lilly unit Elanco Animal Health Inc's shares jumped as much as 41 percent on their stock market debut on Thursday, adding to investor enthusiasm for the fast-growing pet healthcare market.

Indian shares rise as financials rebound, investors cheer fresh trade talks

17 Aug 2018

Aug 17 Indian shares rose on Friday with financials and consumer staples leading the gains, while strong broader Asian peers which cheered Washington and Beijing's decision to hold trade talks next week also boosted investor sentiment.

Indian shares erase early losses as IT stocks gain on weak rupee

16 Aug 2018

Aug 16 Indian shares recouped early losses and were largely unchanged on Thursday as weakness in financials and materials were offset by gains in IT stocks after the rupee hit a fresh low against the dollar.

Axis Bank sees further recovery after smaller-than-expected profit drop

30 Jul 2018

NEW DELHI/BENGALURU India's Axis Bank Ltd expects a further revival in the second half of the year after reporting a smaller-than-expected drop in first-quarter net profit and an improvement in asset quality on Monday.

Idea shares jump as Vodafone deal clears government hurdle

24 Jul 2018

Shares of Idea Cellular Ltd surged 16.6 percent to their highest in over a month on Tuesday, after the operator paid the department of telecommunications (DoT) money it had demanded relating to its merger with Vodafone's India unit.

Goldman Sachs pressed on strategy as new CEO confirmed

17 Jul 2018

Goldman Sachs Group Inc was pressed for details on new businesses after an uneven second-quarter performance, a likely preview of challenges incoming Chief Executive David Solomon will face as he leads the Wall Street bank's overhaul. | Video

KKR to take Envision private for $5.57 billion in healthcare push

11 Jun 2018

KKR & Co said on Monday it will buy Envision Healthcare Corp , one of biggest U.S. providers of physicians to hospitals, in a deal valued at $5.57 billion as it builds up its healthcare portfolio. | Video

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