11/19/2012
Britain's banks should be forced to fully separate their retail arms from investment banking operations if they try to dodge new rules designed to protect the taxpayer, a top regulator has warned.
11/14/2012
Bank Pekao, which belongs to the Italian UniCredit, posted zł.798 million in net profit for the third quarter,
11/13/2012
Net income was 335 million euros ($425 million) compared with a net loss of 10.6 billion euros in the third quarter
11/12/2012
Stock market speculators nearly brought down HBOS in March 2008
11/11/2012
Credit Suisse AG (CS) stands by its investment bank, the bank's chairman said in a newspaper interview Friday.
11/11/2012
RBS Chief Executive Stephen Hester asked UBS to assess a number of options as to what to do with the parcel of assets, which must be sold by December 2013 in accordance with a European competition ruling, the report added.
11/08/2012
French bank Societe Generale SA said it remained committed to its investment banking unit in the long term, weeks after Swiss rival UBS AG announced plans to drastically cut the size of its investment bank, eliminating over a dozen lines of business and
11/08/2012
These writedowns plus profit declines in French retail banking
11/08/2012
Net income rose to 291 million euros ($372 million) from 20 million euros a year earlier, when the insurer booked 289 million euros of writedowns.
11/07/2012
Belgium will inject €2.92bn, or 53% of the total, with France providing the remaining €2.59bn
11/06/2012
BNP Paribas doubled third-quarter net profit on the back of a bond-trading rebound and a drop in euro zone losses, helping it meet balance-sheet targets ahead of schedule despite the economic slowdown.
11/06/2012
The equity derivatives floor at the state-backed bank is this week facing substantial job cuts as part of the merger between the derivatives business and the investor products side of the investment bank.
10/30/2012
Kweku Adoboli, the UBS “rogue trader”, denied gambling away the bank’s money, claiming if his actions amounted to gambling then all investment banking was just a game of chance.
10/29/2012
The lender, part-owned by the Gulf state's sovereign wealth fund
10/29/2012
Deutsche Bank has reported flat profits for the three months to September that still beat analyst expectations.
10/29/2012
Danske Bank reported a third- quarter profit as Denmark’s largest lender unveiled plans to cut 3,000 jobs and sell 7 billion kroner ($1.2 billion) in shares in order to boost capital buffers.
10/28/2012
That may help the Frankfurt-based lender boost its share of investment banking revenue among the world’s largest banks for the first time in a year when it reports earnings tomorrow.
10/25/2012
"Europe suffers from economic recession and aims at attracting foreign investors, and Qatar is one of the countries that can benefit from these opportunities.”
10/24/2012
"Operating profit was robust in a quarter characterised by increased uncertainty. Operating income grew five per cent compared to a year ago," says Annika Falkengren, SEB's President and CEO, commenting on the third quarter 2012 result.
10/23/2012
Executives of the bank were locked in a board meeting in New York on Tuesday to thrash out details of the plan.