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.
07/24/2012
Deutsche Bank AG (DBK), Germany’s biggest bank, said it will reduce risk to meet a 2013 capital-ratio goal after second-quarter profit missed analysts’ estimates on expenses tied to a weaker euro.
07/23/2012
Allied Irish Bank, Bank of Ireland, Clydesdale and Yorkshire banks, the Co-operative Bank , Northern Bank and Santander UK have now also agreed to participate in the FSA's review.
07/23/2012
“We focused on the two areas of financial advisory and equity capital markets because those were areas that we saw as imminent needs of our customers,” Matthews said in a phone interview. “It was a nice dovetailing of interests and capab
07/22/2012
Dressed in a crisp grey morning suit, Rich Ricci was standing in the sunshine as he watched the horses below from the balcony of the glass-fronted corporate box.
07/19/2012
It is estimated around 4.8 million Lloyds customers will transfer to the Co-op along with up to 7,000 staff.
07/18/2012
The IMF said on Wednesday in a report on the euro area that banks in the bloc's third-largest economy should improve capital and liquidity by raising equity or selling non-core assets - not an easy task while investors shun Italian assets.
07/17/2012
Since the onset of the financial crisis in 2008, the fund selection process has become more rigorous, as bankers and clients ask for more details on selected investment vehicles as well as quick answers when things don’t go as expected, according to
07/17/2012
Wall Street bank's net profit for the three months to June was $962m (£612m), compared with over $1bn in the second quarter of 2011
07/17/2012
Summary January - June 2012, compared with January - June 2011
07/15/2012
In June Britain told banks to separate their domestic retail operations and gave savers a higher priority in the event lenders hit trouble under reforms aimed at safeguarding taxpayers.
07/15/2012
The regulator and its 70 staff, currently acts as an umbrella oversight body co-ordinating national watchdogs across the whole of the EU, not just the eurozone.