Barclays Plc has stepped in to support a UK charity set up by Russia’s richest sanctioned billionaire after JPMorgan Chase & Co. severed ties with the fund last year.
Argentina’s central bank limited the amount of foreign currency the nation’s commercial lenders can hold, in a push to discourage US dollar hoarding ahead of an expected devaluation by President-elect Javier Milei after his Sunday inauguration.
Dan Marokane is expected to be appointed as the new chief executive officer of South Africa’s state power utility Eskom Holdings SOC Ltd. after an almost year-long search for a candidate, according to people familiar with the decision.
Laurentian Bank of Canada said it missed all of its financial goals for 2023 and will take a restructuring charge to reduce costs, underscoring the huge turnaround job ahead for new Chief Executive Officer Eric Provost.
BlackRock Inc. Chief Executive Officer Larry Fink said Republican presidential candidates are spreading misinformation about the world’s largest asset manager, declaring their preoccupation with the firm “a sad commentary on the state of American politics.”
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