08/08/2012
Italian bank loans to business fall again
Meanwhile, Italian banks' holdings have risen more than 100 billion euros since before the first ECB tender.
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
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.