01/31/2013

Raiffeisen Bank sees Q4 loss on writedowns

Austria's Raiffeisen Bank International expects a net loss for the fourth quarter of 2012 due to writedowns of its Ukrainian unit and other assets and a tough economy.

01/30/2013

Restructuring Costs Hobble Deutsche Bank

Deutsche Bank plunged to a 2.6-billion-euro (2.2 billion pounds) quarterly loss after it took charges aimed at drawing a line under a series of scandals and cleaning up its balance sheet without asking shareholders for cash.

01/30/2013

Santander writes off €19bn as profits plunge

Spanish bank Santander, the biggest in the eurozone by market value, said Thursday its net profit plunged in 2012 as it wrote off nearly €19bn for dodgy loans and property assets in Spain.