Bank Results

  • Deutsche points to 'sustainable' investment bank revenue growth

    Deutsche points to 'sustainable' investment bank revenue growth

    At the end of a strong year, Deutsche Bank told investors that its investment bank had not simply benefitted from a rising tide lifting all boats, but that it would be able to carry on generating much of the extra revenue it created in 2020. It also boasted of working on a number of European sovereign debt deals.

  • Gold bugs boosted banks' precious metals desks

    Gold bugs boosted banks' precious metals desks

    As investors sought gold and silver as a hedge against inflation and uncertainty, investment banks with the capabilities to act in these markets benefitted. Some made more than $100m in precious metals in the third quarter, according to Coalition Greenwich.

  • Créd Ag shares in capital markets uplift

    Créd Ag shares in capital markets uplift

    Crédit Agricole benefitted from brisk capital markets activity in the third quarter, its results on Tuesday showed, while it has also set up a private investment banking division for wealthy individuals and families.

  • UniCredit CIB raises revenue as trading flies

    UniCredit’s CEO Jean Pierre Mustier delivered an upbeat assessment of the bank’s third quarter results on Thursday, confirming its profit and provisioning guidance for the year, though debt capital markets revenue sagged.

  • SG recovers from structured product slaughter but sees smaller corporate boost

    SG recovers from structured product slaughter but sees smaller corporate boost

    Société Générale’s third quarter investment banking figures showed a sharp improvement from earlier in the year, as the impact of the European dividend cancellations and losses on complex structured products washed out of the numbers. But the French firm’s financing activities, geared more to aircraft and project lending than its rivals, have seen less benefit from booming corporate debt markets.

  • BNP Paribas benefits from corporate funding boom

    BNP Paribas benefits from corporate funding boom

    BNP Paribas reported strong third quarter results, helped, like other investment banks, by booming capital markets business as corporates sought to strengthen balance sheets and active issuance spurred higher than usual trading volumes.

  • ECM fees triple at Credit Suisse

    ECM fees triple at Credit Suisse

    Fee growth from Credit Suisse's equity capital markets business supported its newly established investment bank, its third quarter results on Thursday showed.

  • Deutsche's investment bank makes almost €1bn, again

    Deutsche's investment bank makes almost €1bn, again

    Deutsche Bank's fixed income and currency bankers continued a strong run in the third quarter, the firm's results on Wednesday showed. Profit before tax at the investment bank has now been enough to cover losses from the capital release unit for two consecutive quarters.

  • Credit business shines as HSBC vows to speed up change

    Credit business shines as HSBC vows to speed up change

    HSBC's credit and equities business lines were the standout performers in the global banking and markets division (GBM) in the third quarter, the bank's results showed on Tuesday. Meanwhile, group chief executive Noel Quinn said the firm was adapting its business model to chronic low interest rates.

Bank Results News Archive