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
-
HSBC chairman Douglas Flint said this week that his bank would look at restructuring the group to deliver a capital benefit, along the lines that UBS announced last week.
-
UniCredit took a strong step towards meeting its 2014 profit plans in the first quarter, according to results published on Monday. After taking huge losses through goodwill writedowns and loan loss provisions at the end of last year, the group’s profits rebounded, underpinned by decent results from Commercial Bank of Italy, UniCredit CIB and its central eastern Europe division.
-
Société Générale and Natixis felt the effects of the chilling environment in fixed income trading in their first-quarter results reported this week, but financing-focused Credit Agricole shrugged off the challenge to record a 3% revenue rise to €984m in its investment bank.
-
UBS released first quarter results on Tuesday, extending a run of weak opening-quarter results from financials with a 41% decline in investment banking profits.
-
Switching regulatory regimes has increased HSBC’s risk-weighted assets by $122.2bn in the first quarter, as it moved to CRD IV reporting for the first time.
-
Commerzbank racked up pre-tax profits of €324m in the first quarter, up from a loss of €29m in the same quarter the year before. The bank made a profit despite dismal trading conditions for the fixed income and currencies business.