SocGen CEO Krupa Says Bank’s Efficiency Is ‘at Bottom of Class’
Societe Generale SA Chief Executive Officer Slawomir Krupa, who’s been at the top for three years, vowed to keep restructuring the bank as it continues to lag in some areas.
Societe Generale SA Chief Executive Officer Slawomir Krupa, who’s been at the top for three years, vowed to keep restructuring the bank as it continues to lag in some areas.
Amy Gower, metals and mining commodities strategist at Morgan Stanley, discusses the impact of the Iran war on aluminum prices. Speaking on Bloomberg Television, she warns the market could “stay quite tight” for a long time. “Most of the smelters that are shut are damaged, and so they’re looking at sort of twelve-month restart timelines,” Gower explains. (Source: Bloomberg)
BioMar Group A/S rose in its first day of trading after Copenhagen’s largest initial public offering since Netcompany Group A/S listed in 2018.
Asia’s rich baby boomers are failing to discuss wealth transfer with family members or establish formal governance structures despite wanting to preserve fortunes across generations, according to a survey from a Geneva-based private bank.
KKR & Co. is opening an office in Milan, part of the firm’s plan to tap the growing wealth market and investment opportunities in Italy’s financial capital.
HDFC Capital Advisors Ltd. is looking to double its current fund base of about $4.5 billion over the next three years, its Chief Executive Officer said, as the closely held firm seeks to build on the recent investment from the Development Bank of Japan Inc.
Nomura Holdings Inc. raised its profit targets following a year of record earnings, as Chief Executive Officer Kentaro Okuda pushes for stable growth.
European Central Bank President Christine Lagarde said that governments might be inclined to tighten their grip on monetary authorities and stressed that upholding central-bank independence is even more important in an increasingly challenging global order.
Joumanna Bercetche, Tom Mackenzie and Mark Cudmore break down today’s key themes for analysts and investors on “Bloomberg: The Opening Trade.” (Source: Bloomberg)