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
-
Crédit Agricole’s corporate and investment banking unit, hampered by a sluggish market, is the sole black spot on otherwise solid third quarter results for the bank. -
Natixis posted weak corporate and investment banking revenues for the third quarter of the year on Wednesday evening, despite strong performances in equities and structured finance.
-
Société Générale said that uncertainty over China and market volatility had hurt its third quarter investment banking numbers, with equities and fixed income both damaged by turbulent markets.
-
Increased market volatility in foreign exchange, derivatives and equities has driven improved investment bank results at UBS. The same volatility has hurt earnings at several other banks reporting this week.
-
Standard Chartered is going through its peak of disruption, according to chief executive Bill Winters, as the bank cuts senior staff. It announced a comprehensive restructuring and restoration package on Tuesday, with a third quarter loss, 15,000 job cuts, a £3.3bn rights issue, and $100bn of assets to be restructured or sold.
-
HSBC has found yet more room to cut its capital requirements by adjusting how it models the risk of portfolios. But despite the balance sheet ‘improvements’, the investment bank has had a tough quarter, with fixed income trading revenue on the floor.
