08/05/2013

Unicredit reports profit plunge

Italy's top bank, UniCredit, reported on Tuesday a net profit of 810 million euros in the first six months of 2013, down 25.2 percent from the outcome for the same period last year.

08/01/2013

RBS names McEwan as CEO after swinging to H1 profit

Royal Bank of Scotland said Ross McEwan will take over as its new chief executive in October, just over a year after he arrived to run its retail bank, as the state-backed bank reported a return to profit in the first half of the year.

07/31/2013

SocGen second-quarter profit more than doubles

Quarterly net income soared to 955 million euros (837.50 million pounds) from 436 million in the year-ago period, while revenue slipped 0.6 percent to 6.23 billion, the bank said on Thursday.

07/30/2013

BNP Paribas eyes Germany push after earnings slip

French bank BNP Paribas unveiled a plan to boost its presence in relatively resilient Germany after fresh cost cuts failed to offset sliding earnings in markets like Italy in the second quarter.

07/28/2013

Barclays Cuts Back In Spain

Barclays Bank is shutting 18 branches in Andalucia as part of a move to reduce by 35% the number of branches it has in Spain