Bank Results - All articles

  • 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.

    • 18 Nov 2020
  • Commerz sees trade green shoots as vaccine update boosts stock

    Commerzbank has endured a tough year but, with a new strategy on the way, loan impairments lower than at many peers, and executives seeing an uptick in its trade finance business, the worst may be behind it.

    • 12 Nov 2020
  • 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.

    • 10 Nov 2020
  • 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.

    • 05 Nov 2020
  • 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.

    • 05 Nov 2020
  • 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.

    • 03 Nov 2020