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
-
BNP Paribas reported weak full-year earnings on Thursday, with an unexpected provision wiping out much of the firm’s profit for the last quarter. Underlying performance also disappointed investors, with the investment bank seeing an almost 25% decline in profits.
-
The boost to Japanese bank profits from Abenomics shows no sign of slowing, with the four largest lenders reporting large rises in profit for the nine months ending December 31, 2013.
-
Mitsubishi UFJ Financial Group saw its net profit increase by 48% from ¥532.5bn ($5.25bn) to ¥785.4bn for the first nine months of December 31, 2013 driven by improved gains on equity securities as well as sales and trading income, but net business profits took a hit because of rising overseas costs.
-
Mizuho Financial Group has revised its cash dividend per stock from ¥3.0 to ¥3.5 for the 2013 fiscal year ended March 2014 as a result of upbeat third quarter financial results.
-
Deutsche Bank cut pay and compensation at its investment bank by 23% in the fourth quarter, with senior management satisfied with progress made at the halfway point in the firm's broader streamlining plan, dubbed Strategy 2015+.
-
Deutsche Bank cut pay and compensation at its investment bank by 23% in the fourth quarter, with senior management satisfied with progress made at the half-way point in the firm's broader streamlining plan, dubbed Strategy 2015+.