A group of S&P 500 companies reported a downtick in their international businesses in the first quarter of 2024, according to an S&P Global Market Intelligence analysis of the latest available data. Reported international revenues among S&P 500 companies were $303.17 billion during the quarter, down about 11.3% from $341.75 billion a year earlier. Within the S&P 500, 119 compan...
READ➤ US property and casualty and life insurance general accounts are projected to reach a combined $8 trillion in cash and invested assets by 2024. ➤ Insurance companies are postponing the pivot to longer-duration fixed-income securities, opting instead for shorter-term bonds. ➤ Concerns regarding asset quality are emerging, particularly in commercial mortgage investments. Cash a...
READQatar National Bank (QPSC) remained the largest bank by assets in the Middle East and Africa region for the sixth consecutive year, S&P Global Market Intelligence's latest regional ranking shows. The Qatari lender had assets worth $286.35 billion as of March 31, 2021, $24.79 billion more than United Arab Emirates-based First Abu Dhabi Bank PJSC, which placed second. QNB also fe...
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