How HSBC and Standard Chartered are riding high on Asia’s wealth February 26, 2026 London’s banking giants are circling the UK’s wealth management pie. But two other top lenders could be carving out a feast 6,000 miles away. HSBC and Standard Chartered posted hefty bumps to their wealth divisions, driven by a strategic focus on Asia and the Middle East. In financial results shared on Wednesday, HSBC revealed bank-wide [...]
Allianz Achieves Record Operating Profit of 17.4 Billion Euros – Excellent Start to New Strategic Cycle February 26, 2026 12M 2025 This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260225107874/en/ Excellent momentum and record operating profit Total business volume rises 8.11 percent and reaches 186.9 billion euros with contributions from all segments Operating profit increases 8.4 percent to 17.4 billion euros, our highest operating profit ever Shareholders’ core net income advances 10.9 [...]
Indra Group Exceeds All Its Guidances in 2025 and Sets Even More Ambitious Guidances for 2026 Than Those Set Out in Its ‘Leading the Future’ Strategic Plan February 25, 2026 Results in fiscal year 2025 Revenues increased by 13%, totaling €5.457 billion in 2025 Indra Group sets financial guidances at least 17% higher than those foreseen in its Strategic Plan for 2026 Indra Group announces the payment of a €0.30 dividend per share (more than 20% above the dividend in 2024) charged to the earnings posted in 2025 The results and the increase in the order intake confirm Indra Group’s industrial strength and its capacity to tackle and execute the major defence modernization programs
Orbia Announces CFO Transition and Appointment of Successor February 25, 2026 Orbia Advance Corporation, S.A.B. de C.V. (BMV: ORBIA*) (“Orbia” or “the Company”) announced today that James P. “Jim” Kelly will retire as Chief Financial Officer after four years of service. The Company also announced that Cristian “Cape” Capellino will assume the role of Chief Financial Officer effective March 15, 2026. Kelly joined Orbia in 2021 [...]
Alkermes plc Announces CEO Succession Plan February 25, 2026 — Richard Pops to Retire from Role of Chief Executive Officer Following Distinguished 35-year Career with Alkermes — — Board of Directors Appointed Blair Jackson, Alkermes’ Current Executive Vice President, Chief Operating Officer, as CEO Effective as of August 1, 2026 — — Richard Pops to Continue to Serve as Chairman of the Alkermes Board of Directors —
IGI Declares Extraordinary Cash Dividend February 25, 2026 International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that its Board of Directors has declared an extraordinary cash dividend of $1.15 per common share. The extraordinary dividend is payable on April 6, 2026 to shareholders of record at the close of business on March 18, 2026. About IGI: IGI is [...]
John Lewis blames high costs as it axes build-to-rent venture February 25, 2026 Retail giant John Lewis is to withdraw from its build-to-rent business in a shock U-turn on its diversification plans, after bemoaning high interest rates and a downturn in the London property market. John Lewis Partnership (JLP), which also owns Waitrose, took on management of around 1,000 homes in Bromley, West Ealing and Reading as part [...]
Cyberattacks jump as AI targets weak security, says IBM February 25, 2026 Cybercriminals are leaning harder on the simplest ways into company networks, and using AI tools to do it quicker, IBM has warned. In its 2026 X-Force Threat Intelligence Index published on Wednesday, IBM said it saw a 44 per cent rise in attacks that started by breaking into internet-facing systems, like public websites and online [...]
Ratcliffe’s Ineos could sell off assets as chemicals sector struggles February 25, 2026 Ineos is reportedly considering selling off parts of its business, as the chemicals giant attempts to shore up its finances amid a wider industry downturn. The firm founded and chaired by Jim Ratcliffe has held preliminary talks about selling off parts of its vinyls business Inovyn, Europe’s largest producer of PVC, a plastic widely used [...]
Anthropic ditches AI safety policy to keep up with OpenAI February 25, 2026 Anthropic, the booming tech firm that built its reputation around responsibly developing AI systems, is now loosening its flagship AI safety policy. In an update to its ‘Responsible Scaling Policy 3.0’ published on Tuesday, the OpenAI rival said it would no longer actively stop the development of a model deemed potentially dangerous if a competitor [...]