{
}
Kazakhstan's largest e-commerce group, Kaspi.kz, has agreed to acquire Rabobank's Turkish subsidiary, pending regulatory approval. The transaction is deemed non-material, as Rabobank A.S. operates without borrowing or depositing clients and lacks a branch network. In October, Kaspi became the controlling shareholder of Turkish e-commerce firm Hepsiburada, holding 65.4% of its shares. Kaspi has been listed on Nasdaq since January 2024.
Milieudefensie has initiated a legal case against ING regarding its climate action strategy, claiming the bank's approach is insufficient. ING's Head of Business Ethics, Arnaud Cohen Stuart, stated that while they share climate concerns, they believe the demands are unrealistic and do not align with the bank's role in facilitating systemic change. Despite the legal proceedings, ING remains committed to advancing its climate action strategy and supporting clients in their transition efforts.
ING Groep announced a semi-annual dividend of $0.65 per share, a significant increase of 291.5% from the previous $0.17. The ex-dividend date is April 25, with payment on May 9, reflecting a yield of 5.1%. Despite a recent stock decline of 1.1%, analysts expect the company to maintain a healthy payout ratio.
Global poultry trade is projected to remain robust in 2025, driven by tight protein supply and rising consumption, despite challenges from avian influenza and geopolitical tensions. While most regions experience profitable conditions, China faces economic difficulties and oversupply issues. Vaccination against avian flu is gaining traction in several countries, with successful implementations noted in France and parts of Asia and Latin America.
ING Group has become the first global bank to have its net-zero targets validated by the Science Based Targets initiative (SBTi), committing to a 44% reduction in absolute scope 1 and 2 emissions by 2030 and covering 67% of its portfolio with scope 3 targets. The bank's sustainability strategy includes phasing out financing for new coal projects by 2025 and halving greenhouse gas emissions from upstream oil and gas companies in its loan portfolio by 2030. This validation marks a significant step in aligning financial institutions with climate science and supporting a low-carbon future.
Leonteq shareholders have approved a proposal from Raiffeisen Switzerland to increase the dividend payout. Leonteq AG, an independent provider of investment solutions technology and services based in Switzerland, operates across multiple international offices and offers a comprehensive platform for structured investment products.
ING Belgium has announced new appointments to its Executive Committee effective April 1, 2025, as part of its growth strategy. Jan Van Sande, Lucy Shenton, Saskia Bauters, and Cédric Lebegge will take on key roles to enhance the bank's investment and transformation efforts. Stephanie De Bruyne will join as head of Wholesale Banking, succeeding Ellen Aelvoet.
BNP Paribas has reported no stabilisation actions for Ontex Group NV's recently issued EUR 400 million securities, which carry a 5.25% yield due in April 2025. The absence of stabilisation measures indicates that the market for these securities remained stable post-issuance. Additionally, the securities are not registered under the U.S. Securities Act of 1933, prohibiting their offer or sale in the United States without proper registration or exemption.
Goldman Sachs has maintained a 'Buy' rating for UBS AG while reducing its price target from 44.50 to 36.00 francs, citing stricter capital requirements for Swiss banks. Analyst Chris Hallam noted that the outlook for European banks is the most favorable in 20 years, with several banks poised to benefit despite a 29% rise in the European banking index this year.
Goldman Sachs has upgraded ING Groep from Neutral to Buy, signaling a positive outlook for the financial institution. This upgrade reflects confidence in ING's performance and potential in the market. Investors may want to consider this change in rating when evaluating their portfolios.
NLD
Country
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
kaspi acquires rabobank's turkish subsidiary expanding e-commerce presence in turkey
06:45 28.03.2025
Milieudefensie initiates legal action against ING over climate strategy
01:00 28.03.2025
ing groep announces significant dividend increase amid stock performance decline
21:30 27.03.2025
global poultry trade remains strong amid avian influenza and geopolitical tensions
United States Dollar
Rabo AgriFinance LLC
ARE
THA
MEX
JPN
CHN
FRA
GBR
USA
NLD
Nan-dirk Mulder
Show more
18:59 27.03.2025
ing becomes first global bank with validated net zero targets
14:03 27.03.2025
Leonteq shareholders approve Raiffeisen Switzerland's proposal for increased dividend
12:08 27.03.2025
ing belgium expands executive committee with new leadership appointments
BEL
NLD
ESP
USA
Jan Van Sande
Ellen Aelvoet
Peter Adams
Lucy Shenton
Sali Salieski
Stephanie De Bruyne
Saskia Bauters
Show more
11:30 27.03.2025
BNP Paribas reports no stabilisation actions for Ontex Group bonds
Euro
CREDIT AGRICOLE
BBVAMRF A
Ing. A. Dielissen Bouwkundig werk
BNP Paribas SA
Commerzbank AG
The Goldman Sachs Group, Inc.
FRA
ESP
NLD
BEL
DEU
USA
Show more
10:48 27.03.2025
goldman sachs maintains buy rating on ubs despite lowering price target
09:54 27.03.2025
Goldman Sachs upgrades ING Groep to buy from neutral rating
09:30 27.03.2025
Trending
Subcategory
Stock Market Updates
Corporate News
Industry Trends
Banking Regulations
Finance Mergers & Acquisitions
Global Financial Events
Retail and Consumer Goods
Central Bank Actions
GDP Growth & Recession Forecasts
CEO Changes
Global Trade Developments
Industry Mergers & Acquisitions
Financial Scams and Security
Market Analysis and Predictions
Inflation and Monetary Impact
Government Policies
Government Economic Policies
Supply Chain Management
Domestic Politics
Workplace Trends
Countries:
Companies:
The Goldman Sachs Group, Inc.
JPMorgan Chase & Co.
Tesla, Inc.
Apple Inc.
Bank of America Corporation
Barclays PLC
Wells Fargo & Company
Citigroup Inc.
Deutsche Bank Money Market PP
Morgan Stanley
Huawei Technologies CO. Ltd.
Lloyds Banking Group plc
Credit Suisse Strategic Income I
AXA SA
Safran SA
Banco Santander, S.A.
Novartis AG
Swiss Re AG
Beazley plc
UBS AG
Currencies:
United States Dollar
Euro
Chinese Yuan
British Pound Sterling
Swiss Franc
Japanese Yen
Indian Rupee
Russian Ruble
Canadian Dollar
Australian Dollar
United Arab Emirates Dirham
Saudi Riyal
Danish Krone
Offshore Chinese Yuan
Hong Kong Dollar
Mexican Peso
Indonesian Rupiah
South Korean Won
Malaysian Ringgit
Vietnamese Đồng
People: