05/15/2014
KBC ended the first quarter of 2014 with a net profit of 397 million euros, compared with a loss of 294 million euros in the last quarter of 2013 and a profit of 520 million euros in the first quarter of 2013.
05/14/2014
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 , 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
Commerzbank AG, Germany’s second-biggest bank, swung to a profit in the first quarter after a charge for reducing staff and other restructuring wasn’t repeated.
05/07/2014
The merger completed in August 2009 and saddled Co-op with a large, high-risk commercial loan book, created major implications for its IT platform and brought with it many staff who “lacked experience.
04/22/2014
French bank Credit Agricole said on Tuesday it had agreed to sell its 50 percent stake in Belgian bank Crelan, Belgium's seventh-largest banking group, to Belgian cooperative banks.