Bank Results

  • Trading boost lifts UniCredit ahead of new strategy launch

    Trading boost lifts UniCredit ahead of new strategy launch

    UniCredit’s has chalked up its best quarterly numbers in a decade, its CEO said on Thursday, with the performance of the investment bank lifted by soaring trading revenues. The Italian lender claimed victory on its ‘Transform 2019’ plan, ahead of the launch of a new business strategy early next month.

  • SG trumpets capital growth after restructuring

    SG trumpets capital growth after restructuring

    Société Générale reported a slump in overall profit as part of its third quarter results on Wednesday, but was keen to draw attention to a near-50bp improvement in its capital ratios, thanks to restructuring actions.

  • HSBC prepares to turn screws on investment bank

    HSBC prepares to turn screws on investment bank

    HSBC is planning to allocate capital away from lower return operations, including the global banking and markets (GBM) division in certain regions, as interim chief executive Noel Quinn revealed disappointing third quarter results on Monday.

  • Rates, EM hamper Deutsche but debt origination improves

    Rates, EM hamper Deutsche but debt origination improves

    Deutsche Bank posted declines in investment bank revenue on the back of a fixed income trading fall in its third quarter results, released on Wednesday. But debt origination revenue grew. A change in the bank’s reporting structure to reflect its new capital release unit has allowed it to shield the investment bank from costly losses on unwanted assets.

  • Nomura weathers rates difficulties in EMEA

    Nomura weathers rates difficulties in EMEA

    Wholesale revenue increased in Nomura for Europe, the Middle East and Africa in the most recent quarter, the bank said on Tuesday, helped by a sturdy rates business.

  • Barclays outperforms with help from sterling and its treasury

    Barclays outperforms with help from sterling and its treasury

    Barclays’ corporate and investment bank exceeded profit expectations in the third quarter, the bank showed on Friday, helped by a mix of better performance across markets and banking, the devaluation of sterling, and income from treasury sales.

Bank Results News Archive