European markets are heading for a mixed open Tuesday, with investors awaiting the start of the U.S. Federal Reserve's latest monetary policy meeting.
The bank said that included a $2.1 billion reversal of an impairment related to a planned sale of its retail banking operations in France and a provisional gain of $1.5 billion on its acquisition of Silicon Valley Bank's U.K. arm.
"We remain focused on continuing to improve our performance and maintaining tight cost discipline, but we also saw an opportunity to invest in SVB UK to accelerate our growth plans," CEO Noel Quinn said in the release, calling Silicon Valley Bank UK a "natural fit" for the bank.CNBC Pro: Analyst Mark Mahaney shares his top two tech stock picks, giving one 152% upside
While other markets have been volatile this year, tech has rallied — the Nasdaq is up 16% in the year to date. Top tech analyst Mark Mahaney of Evercore ISI is giving one tech stock further upside of almost 50%, saying it has a "super attractive" valuation.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Stock Market Calm Rekindles Debate Over Fed TighteningEconomic growth has slowed, but inflation remains persistent in key areas, raising concerns that the Fed’s balance-sheet size could force the Fed to take rates even higher.
Baca lebih lajut »
Dallas Retailer Tuesday Morning is Going Out of Business; Liquidation Sales Coming SoonThe Dallas-based retailer has closed 265 stores since February, and the remaining 200 will start liquidation sales soon. Included are 59 stores in Texas.
Baca lebih lajut »
If Bryce Harper gets cleared, he could return as soon as TuesdayThe long-awaited moment, even with a record quick healing time, may have arrived as Harper could play as soon as Tuesday.
Baca lebih lajut »
Bryce Harper Could Return to Phillies' Lineup Tuesday Night Vs. DodgersBREAKING Bryce Harper will have his all-important follow-up appointment in L.A. Monday, and if it goes the way he and the Phillies are hoping, he could make his season debut Tuesday night at Dodger Stadium. CSeidmanNBCS of NBCSPhilly has the details:
Baca lebih lajut »
Tuesday Morning Is Going Out of Business and Closing All StoresDiscount retailer Tuesday Morning is officially going out of business and closing all 200 of its remaining stores.
Baca lebih lajut »