08/09/2012
The developments came as the New York company tried to unwind a series of problematic positions taken by a trader in the bank's Chief Investment Office nicknamed the "London Whale" for his outsize market bets.
08/08/2012
ING is also preparing to list its European and U.S. insurance units on stock markets as part of the restructuring that will break apart its once fashionable bancassurer business model.
08/08/2012
Meanwhile, Italian banks' holdings have risen more than 100 billion euros since before the first ECB tender.
08/08/2012
Commerzbank said profit in the second half will probably be lower than in the first six months of 2012 as slowing economic growth leads to higher loan-loss provisions.
08/08/2012
Money managers in the City of London react to the U.S. allegations that Standard Chartered hid money tied to Iran: Everyone does it.
08/07/2012
"In a complex macroeconomic environment with very high volatility we managed to achieve significant results at the end of the first half. We are very satisfied," said chief executive Maurizio Zancanaro.
08/07/2012
Old Mutual, which runs insurance, banking and asset management businesses in about 30 countries, made an adjusted pretax operating profit of 791 million pounds ($1.24 billion) in the first six months of the year, it said on Wednesday.
08/06/2012
After factoring in reduced hedges, the bank had $4.18 billion in net exposure to those nations, up 73 percent from its $2.41 billion in exposure at March 31.
08/06/2012
Good commercial results surpassed by impairment charges recorded on remaining divestments.
08/02/2012
Income from other activities of 683 million euro, an increase of 51.3% compared to the results as at 30 June 2011
08/01/2012
Ministers are discussing a potential full nationalisation of RBS, which is already 82 percent owned by the government, to help boost business lending to companies.
08/01/2012
Euro banking giant eyes MidEast opportunities
It is the largest bank by market capitalisation in the euro zone and the largest financial franchise in Latin America.
07/31/2012
The bank insists that assets are priced attractively, that it is able to secure a controlling stake and the operations are a strategic fit to its existing business.
07/31/2012
SocGen is "confident" it will hit its end-2013 target of a Basel III core Tier 1 ratio of between 9 and 9.5 per cent, Chief Executive Frederic Oudea said in a statement.
07/31/2012
The prudent management of the Bank's capital ratios and high profitability has permitted the Bank to continue paying attractive dividends without issuing new shares since 2002.
07/30/2012
As of June 2012 and in accordance with international accounting criteria, BBVA had set aside €1.43 billion of the provisions related to real estate and included in the new legislation.
07/29/2012
HSBC Bank Malta plc came in with a “positive set of results” to June 30, reporting a pre-tax profit of €53 million, up six per cent over the first half of last year, and a “strong” return on equity of 17.8 per cent.
07/26/2012
In a retreat, French banks, especially BNP Paribas SA (BNP) and Credit Agricole SA -- the largest by assets -- are trying to make their businesses in Italy, Spain, Greece, Portugal and Ireland less reliant on funds from the parent company.
07/25/2012
The Reserve Bank of India's approval for staggered takeover, branch allocation to be outside annual allotment exercise
07/25/2012
The bank, formerly owned by Oesterreichische Volksbanken and Dexia , was split up into a healthy part Kommunalkredit Austria and a "bad bank" called KA Finanz.