Citigroup Hires Robert Lighthizer, Trump's Former Trade Czar 
 

A senior adviser, he has been addressing Citi's clients in closed-door talks around the world.

 
Lloyds Banking Group Confirms Guidance as Interest Income Holds Up 
 

The group confirmed its full-year guidance as revenue from loans held up, though heavier forward-looking provisions weighed on its profit.

 
Spain Competition Regulator Approves BBVA's Hostile Bid for Sabadell 
 

The decision puts the final word on the year-long takeover battle in the hands of the government.

 
Berkshire's Annual Meeting Is Coming. 10 Tough Questions for Warren Buffett. 
 

Berkshire Hathaway investors are eager to hear CEO Warren Buffett hold forth at length about the company on Saturday. It may be one of the last such opportunities to do so.

 
GOP Lawmakers Vote to Eliminate Accounting-Firm Watchdog 
 

The House Financial Services Committee advanced legislation that would scrap the PCAOB and cut the CFPB budget.

 
Allstate's Profit Falls as Catastrophe Losses Rise 
 

Underwriting income fell to $360 million from $898 million a year earlier, dragged down by higher catastrophe losses.

 
MetLife Profit, Revenue Rises; Plans $3 Billion Share Buyback 
 

Chief Executive Michel Khalaf said the company saw favorable underwriting, good volume growth and better variable investment in the quarter.

 
UBS Profit Tops Forecasts, But Sees Unpredictable Path Ahead 
 

Earnings fell, but still beat analysts' estimates-due to a boost from trading desks-as the Swiss banking giant joined global peers cashing in on market volatility.

 
Santander Beats Estimates on Spain, U.S. Strength 
 

Profitability was notably boosted by strong results from the bank's Spanish retail division and its U.S. digital consumer lending unit.

 
Barclays Raises Net Interest Income View After Strong Quarter 
 

The bank's pretax profit was 19% higher than its result for the same period a year prior.

(END) Dow Jones Newswires

May 01, 2025 07:00 ET (11:00 GMT)

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