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Insurer MetLife enters $19 2 bln reinsurance deal, boosts share buyback

MetLife Inc said on Thursday it had signed a $19.20 billion reinsurance deal with retirement and life insurance firm Global Atlantic, and boosted its stock buyback programme to $4 billion.

CIBC posts lower second-quarter profit on loan loss provisions

CIBC reported a decline in second-quarter profit on Thursday, as the Canadian lender set aside higher provisions to prepare for soured loans due to a challenging economy.

Japan s Mizuho expands in US banking with $550 mln Greenhill deal

Mizuho Financial Group Inc will buy U.S. M&A advisory firm Greenhill & Co Inc for $550 million including debt, the companies said on Monday, as Japan's No. 3 lender eyes a bigger share of the world's largest investment-banking fee pool.

Qantas record profit forecast, revised buyback irk workers union

Qantas Airways on Tuesday forecast a record annual profit and hiked its share buyback programme by up to A$100 million ($67.83 million), courting demands from a workers' union to return billions received as pandemic aid from the government.

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