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Pre-Tax Profit Tumbles At KBC Group‎

Good commercial results surpassed by impairment charges recorded on remaining divestments.

Banca IMI's net profit jumps on trading gains ‎

Income from other activities of 683 million euro, an increase of 51.3% compared to the results as at 30 June 2011

UK ministers eye nationalising Royal Bank of Scotland-FT

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.

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.

NBAD eyes potential Egypt units buy from French banks -CEO

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.

Societe Generale profit hit by write-downs‎

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.

BANCO SANTANDER CHILE announces second quarter 2012 Earnings

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.

BBVA Profit Plunges as Loss Provisions Soar‎

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.

HSBC Malta reports interim pre-tax profit of €53 million

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.

Major French lenders to seek escape from Euro-exit risk

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.

HSBC to finally get 23 RBS branches

The Reserve Bank of India's approval for staggered takeover, branch allocation to be outside annual allotment exercise

Austria launches sale of Kommunalkredit ‎

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.

Deutsche Bank to Raise Capital With Risk Cut

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.

More UK banks to review sale of hedging products

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.

Oppenheimer Reaches Deal With RBS Citizens on Mid-Market Clients

“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

Can Barclays' investment bank arm keep producing the billion-pound goods?

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.

Co-op buys Lloyds branches to challenge top four banks

It is estimated around 4.8 million Lloyds customers will transfer to the Co-op along with up to 7,000 staff.

Italy banks need to shed bad debt -IMF

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.

UniCredit Private Banking rethinks selection

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

Goldman Sachs profits fall 11%

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

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