(Reuters) – British lender Metro Bank said on Monday it was in talks about a potential disposal of residential mortgage loans worth billions of pounds. The size of the portfolio, which is yet to be finalised, could be closer to 4 billion pounds ($5.13 billion) than 3 billion pounds, Sky News said, which first reported […]
Exxon signals Q2 below market consensus, excluding Pioneer buy
By Sabrina Valle and Tanay Dhumal HOUSTON (Reuters) – Exxon Mobil Corp on Monday signaled that lower refining margins across the industry and lower natural gas prices will reduce profits in the second quarter. A snapshot of operating factors affecting the quarter suggests earnings per share between $1.50 and $2.40, or about $8.3 billion, which […]
Possible Trump return looms over NATO’s Washington celebration
By Simon Lewis, Andrea Shalal and Andrew Gray WASHINGTON (Reuters) – Leaders of NATO member states arrive in Washington this week intent on deepening support for Ukraine but will find themselves facing another kind of challenge: how to navigate the possible return of former U.S. President Donald Trump. Host Joe Biden fumbled a June 27 […]
Exclusive-Bain Capital nears deal to buy Envestnet, sources say
By Milana Vinn (Reuters) -Private equity firm Bain Capital is nearing a deal to acquire Envestnet, a U.S. financial software vendor with a market value of about $3.5 billion, people familiar with the matter said on Monday. If the negotiations conclude successfully, a deal with Bain could be announced as soon as this week and […]