Category: Finance

BusinessFinance

Regions Financial Posts Strong Q3 Earnings Amid Capital Markets Revival

Regions Financial reported higher third-quarter earnings, driven by a rebound in capital markets activity and increased net interest income. The results align with a wider resurgence in mergers and acquisitions across the banking sector.

Profit Growth Driven by Capital Markets Rebound

Regions Financial reportedly posted increased third-quarter profits, according to recent financial reports, benefiting from stronger performance in capital markets and higher interest income. The Birmingham, Alabama-based bank saw its shares rise approximately 1% in premarket trading following the announcement, sources indicate.

by Liam Dorsey
EnergyFinance

Standard Bank Champions Balanced Energy Strategy for Africa’s Growth

Standard Bank is positioning itself as a key enabler of Africa’s balanced energy future, supporting both fossil fuel development and renewable investments. The bank’s strategy focuses on upstream oil and gas as growth levers while committing substantial funding to renewable energy projects across the continent.

Balanced Energy Approach for African Development

As Africa contends with persistent energy poverty and climate challenges, Standard Bank is advocating for a pragmatic energy transition that harnesses both fossil fuels and renewables to fuel inclusive growth, according to reports from the financial institution. The bank’s approach reportedly rejects choosing between energy sources in favor of a balanced strategy that addresses immediate development needs while progressing toward climate goals.

by Liam Dorsey