05/14/2014

Dexia loss swollen by derivative value adjustments

The bank, 94 percent owned by the Belgian and French states, said its net result from recurring items was a negative 88 million euros, an improvement of 72 million euros from the final quarter of 2013 as funding costs reduced.

05/13/2014

UniCredit swings back to profit, bad loans fall

UniCredit , Italy's biggest bank by assets, returned to profit in the first quarter of 2014 thanks to lower loan loss charges after last year's massive balance-sheet clean up, it said on Monday.

05/07/2014

Crédit Agricole profit nearly doubles

French bank Crédit Agricole SA said Wednesday that first-quarter net profit was nearly doubled by tighter costs and lower provisions against bad loans as Europe's economy slowly recovers.