Lloyds Banking Keeps Outlook as Net Interest Margin Tops Hopes

Lloyds Banking maintained its full-year guidance as it reported a slightly better-than-expected net interest margin for the first quarter but weaker-than-forecast pretax profits. 


 
HKEX's Profit Falls for Second Straight Quarter on Weak Trading, Listings

HKEX posted lower trading volume during the quarter, with headline average daily turnover sliding 22% as geopolitical tensions and macroeconomic volatility continued to weigh on market sentiment. 


 
Grant's Take: The Travel Bug Is Keeping the U.S. Economy Strong

The U.S. economy keeps humming along, and strong travel demand is a key reason why. 


 
Visa's stock gains after earnings, as one simple message resonates

Visa shares were moving higher in after-hours trading Tuesday, after the payments company sported an earnings beat and showed off continued growth in spending. 


 
BOE Chief Economist Pill Says Key Rate Cut Is Some Way Off

A first cut in the Bank of England's key interest rate remains some way off, its chief economist said. 


 
Cathie Wood's Popular ARK Funds Are Sinking Fast

Investors have pulled a net $2.2 billion from ARK's active funds this year, topping outflows from all of 2023. 


 
Fundamental Advisors Seeks $1.5 Billion to Invest in Municipal Assets

Fundamental Advisors aims to collect $1.5 billion to buy assets such as senior-care properties, where the credit specialist sees opportunities despite increased scrutiny of private-equity investments in healthcare, people familiar with the matter said. 


 
Blackstone's Beleaguered Real-Estate Fund Stems Exodus

The firm was able to fulfill all investor redemption requests in February and March for the first time since late 2022. 


 
Turning a Vault Into a Bomb Shelter: How Citigroup Has Kept Its Bank Running Inside Ukraine

Two years into the war, Citigroup is the only U.S. bank around, navigating a sometimes treacherous landscape. 


 
Driebusch's Take: String of Successful IPOs Suggest Risk Tolerance Is Rebounding

Cybersecurity software company Rubrik is listing its shares in a long-awaited initial public offering this week, the latest in a string of high-profile IPOs.


(END) Dow Jones Newswires

04-24-24 0715ET