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Arizona State Retirement System increased its stake in Bank of America by 0.5%, owning over 2 million shares valued at $89 million. Keybank National Association OH and Charles Schwab Investment Management also raised their holdings, with institutional investors owning 70.71% of the stock. Bank of America reported a quarterly EPS of $0.82, exceeding estimates, and declared a dividend of $0.26, reflecting a 2.50% yield.
Lloyds Banking Group PLC has purchased 15,317,728 ordinary shares from Morgan Stanley as part of its ongoing share buyback program, with prices ranging from 71.30 to 72.78 pence per share. This initiative is part of a larger plan to repurchase up to £1.7 billion in shares, having already acquired 295,151,977 shares for £206.34 million. The move aims to enhance shareholder value and reflects the company's strong financial position.
UBS Italia is implementing staff cuts due to significant losses in its private banking division, which is losing 1-2 billion euros in entrusted assets annually. The bank is shifting its focus to a wealth management boutique model, targeting clients with larger assets while divesting from smaller accounts. This restructuring reflects broader challenges faced by UBS across Europe, as profitability declines in various divisions.
Banco Santander-Chile operates through various segments, offering a range of banking services including loans, debit and credit cards, and checking accounts. The stock recently saw a 1.4% decline, with analysts maintaining a "Hold" rating and a consensus target price of $21.33. Institutional investors have shown interest, increasing their stakes in the company.
Société Générale SFH has filed its Annual Financial Report for the year ending December 31, 2024, with the French Financial Markets Authority on March 31, 2025. The report, available in French, can be accessed free of charge on the Société Générale group's website and the AMF's website. Société Générale SFH, established in 2003, specializes in home loans and is part of a leading European banking group committed to sustainable development and environmental transition.
Société Générale SCF has filed its Annual Financial Report for the year ending 31 December 2024 with the French Financial Markets Authority on 31 March 2024. The report, available in French, can be accessed free of charge on the Société Générale group's website and the AMF's site. Société Générale SCF, established in 2004, operates as a specialized credit institution under French law, focusing on public sector loans. The group, a leading European bank, serves over 26 million clients globally, emphasizing sustainable value creation and environmental transition.
UBS shares fell by 4.3% to CHF 26.74 at midday, marking a decline from CHF 27.50 at the start of the trading day. The stock is currently 22.96% below its 52-week high of CHF 32.88 and 15.74% above its 52-week low of CHF 22.53. Despite a drop in revenue of 4.90% in the last quarter, earnings per share improved to CHF 0.21 from CHF -0.38 a year prior.
UBS has maintained a "Neutral" rating on Renault with a target price of 47 euros, following the announcement of new strategic projects by the carmakers. Analyst David Lesne noted Renault's acquisition of Nissan's 51 percent stake in the Indian joint venture and expressed confidence in the company's annual forecast.
UBS has maintained a "Neutral" rating for HSBC Holdings with a target price of 960 pence. Analyst Jason Napier noted the confirmation of capital increases by the Chinese Bank of Communications, in which HSBC has a 19% stake, and highlighted a moderate, capital-neutral impact for HSBC.
Banco Santander Chile has released its audited consolidated financial statements for the years ending December 31, 2024, and 2023, confirming a fair view of its financial health. The independent auditor's report, dated February 27, 2025, found no material misstatements, assuring stakeholders of the bank's compliance with regulatory standards. The bank continues to provide a range of financial services, including commercial banking and mortgages, to its customers in Chile.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
institutional investors increase stakes in bank of america amid mixed analyst ratings
20:46 31.03.2025
Lloyds Banking Group announces significant share buyback program update
19:07 31.03.2025
ubs italy announces staff cuts amid declining assets and strategic shifts
19:02 31.03.2025
banco santander-chile reports earnings miss and sees drop in short interest
18:51 31.03.2025
Societe Generale SFH releases annual financial report for 2024
18:31 31.03.2025
Societe Generale SCF releases annual financial report for 2024
18:11 31.03.2025
ubs shares decline as investors react to latest trading results
18:02 31.03.2025
ubs maintains neutral rating on renault with target price of 47 euros
17:50 31.03.2025
ubs maintains neutral rating for hsbc with target price of 960 pence
17:43 31.03.2025
Banco Santander Chile announces audited financial results for 2024
17:36 31.03.2025
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