Kevin Smith
Journalist
Berlin Opens the Door to a Sale of Commerzbank to UniCredit
Germany could consider selling its 12.7% stake in Commerzbank to UniCredit if the banks agree on a common strategy, according to information obtained by Bloomberg. Such a scenario would mark a clear shift by Berlin, which has long opposed a takeover by the Italian group.
August 17, 2026 at 06:01 pm
CME Group: Was the market right to worry about perpetual futures?
Between its early-March peak around $329 and its late-June low at $218, CME Group shed nearly 34%. That selloff was largely driven by the CFTC's authorization of Kalshi's perpetual Bitcoin futures, which heightened fears that these no-expiry contracts, already hugely popular on offshore crypto platforms, could gradually pull liquidity away from CME's ecosystem.
August 17, 2026 at 03:20 pm
Nu Holdings reassures on credit, while profit tops $1bn
Nu Holdings shares climbed 8% on Wall Street on Friday, the day after results marked the first time it crossed the $1bn threshold in quarterly net profit. Operating in Brazil, Mexico and Colombia, the Latin American digital banking giant continues to pair rapid business growth with improving profitability.
August 17, 2026 at 03:20 pm
Berkshire Makes Alphabet Its Third-Largest Public Equity Holding
Berkshire Hathaway sharply increased its stake in Alphabet in Q2, making Google's parent its third-largest US-listed equity position, behind Apple and American Express. The conglomerate held about 106 million Alphabet shares at the end of June, valued at $37.9bn, after boosting its share count by 83%. The increase largely reflects a $10bn private purchase aimed at supporting Alphabet's investments in artificial intelligence infrastructure.
August 17, 2026 at 03:03 pm
Goolsbee Sees Latest Inflation Signals as More Encouraging
Chicago Federal Reserve President Austan Goolsbee said the latest US inflation data shows modest improvement. He hopes price gains will keep cooling as the effects of tariffs and the Iran war-driven rise in oil prices fade. Despite these positive signals, he said overall inflation near 3% remains excessive and stressed that the goal is still a return towards 2%.
August 17, 2026 at 03:03 pm
SoftBank Invests in Capital One, Sharply Cuts Its TSMC Stake
SoftBank Group took a new stake in Capital One in the second quarter of 2026, while sharply reducing its exposure to Taiwan Semiconductor Manufacturing (TSMC), according to filings submitted to the SEC. The Japanese group bought 276,811 shares of Capital One during the quarter ended June 30. The position was valued at $55.5m at the end of the period.
August 17, 2026 at 03:03 pm
Trump's new tariffs threatened by a third court setback
Since the announcement of "reciprocal tariffs" on "Liberation Day" in April 2025, the Trump administration has already invoked three different legal foundations to preserve the core of its trade policy.
August 17, 2026 at 02:24 pm
American Express equips its virtual cards with new capabilities
American Express is rolling out new capabilities for its virtual cards, aimed at helping US business customers simplify payments and giving them more options to manage spending efficiently in their preferred finance software.
August 14, 2026 at 08:29 pm
Aviva's H1 results meet with little enthusiasm
Aviva shares are up 0.7% to 719 pence early in trading in London, reflecting a muted reception for the results the British insurer posted for the first six months of 2026. While its operating EPS came in above expectations, the increase in the interim dividend payment was not a surprise.
August 14, 2026 at 06:09 pm
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