Top Section/Ad
Top Section/Ad
Most recent
The Swiss bank posted the biggest quarterly profit on record thanks to an accounting gain related to its acquisition of Credit Suisse, but weak performance at its former rival hints at a long road back to growth
Imminent half year results will reveal whether the new Swiss bank is a hastily patched monster or a new financial powerhouse
Banks are determined to stick to their growth plans as they see cause for optimism in investment banking thanks to increasing confidence and a growing pipeline of deals
Wall Street is urging the Fed to be cautious despite the regulator hinting higher capital requirements are coming
More articles/Ad
More articles/Ad
More articles
-
Royal Bank of Canada reported a C$24m year-on-year decrease in profits from its capital markets division on Wednesday, as debt origination declined and the bank increased provisions against its oil and gas exposure.
-
HSBC’s Asian business gained momentum last year, with the bank booking the lion’s share of its earnings from the region. But there are challenges ahead, with the firm under investigation by the US Securities and Exchange Commission (SEC) for its hiring practices. -
HSBC plans to sidestep continued global uncertainty about how TLAC rules will work by issuing senior debt from its holding company until further notice, according to the bank’s strategic plan laid out in its annual results on Monday.
-
Singapore’s DBS has released a solid set of financial results for 2015 with both total income and net profits hitting record levels. But while most of its fee-related businesses recorded strong growth, the lender’s investment banking unit saw its income drop by 25%.
-
HSBC booked the lion’s share of its 2015 earnings from Asia, with the region contributing to more than 80% of the group’s profits before tax as the bank continues to look eastward for growth. But there are challenges ahead, with the firm under investigation by the US Securities and Exchange Commission (SEC) for its hiring practices.
-
Crédit Agricole penned an €18bn deal to simplify its complex ownership structure, something investors have long criticised, to boost its capital base and allow it to pay dividends fully in cash.
