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Credit Agricole reports Q1 net profit fall, shares slip

The bank's top executives said the lender was nevertheless seeing generally positive signs

Deutsche Bank’s debt-protection cost is not a sign of vigour

Counterparties now pay less to hedge their risk but lender is not yet out of the woods

La Banque de France predicts 0.3% growth in second quarter

The growth predictions by La Banque de France are in line with those of the Insee

Natixis Q1 profits lifted by capital gain on assets sold to parent bank

Analysts polled by Infront Data for Reuters had expected an average net profit of 701 million euros.

SGSS mandated by Spanish Asset Manager

SGSS was chosen for its recognized experience in cross border fund solutions as well as its long-time experience in alternative funds (Private Equity, Real Estate and Loans Services), for its client support and for its complete range of global securities

Commerzbank keeps adding clients, but not making much money

Five weeks of talks with Deutsche Bank to build a larger, more competitive bank through a merger collapsed last month, fuelling speculation that another bidder for Commerzbank may come forward.

Investors urged to protest against Deutsche Bank chairman

Proxy adviser backs motion to axe Paul Achleitner as head of supervisory board

UniCredit sells 17 percent stake in online broker FinecoBank

It said the sale was part of planned asset disposals designed to ensure the bank would meet a target of being at the upper end of a 200-250 basis points core capital buffer it wants to maintain over and above regulatory requirements.

Mortgage litigation claims could hit Spanish bank results: Bank of Spain

Spain’s Supreme Court ruled in 2017 the index did not constitute an abuse of the market and that its use in contracts was transparent as the IRPH was an official measure approved and published by the Bank of Spain.

Morgan Stanley to shut down its Russian banking business

Morgan Stanley is planning to send a formal notice to the Russian central bank that it will close down its banking operations in the country in the first quarter of 2020, its Russian unit said in its annual report.

Barclays injects €2.6bn into Irish unit in preparation for Brexit

Irish unit being built up to become the British banking giant’s hub in the EU

Barclays activist gets upside for everyone but him

That underscores the impression the New York-based investor was in over his head.

Lloyds profits fall flat as it takes a hit for Standard Aberdeen dispute

A spokesman for Lloyds said the company would not break down the figure further.

Societe Generale: Quarterly Financial information, Q1-2019

Our solid results are also based on good risk management and the controlled development of our costs, which will continue with the new cost-saving measures that we have recently introduced.

Lloyds Bank 'prepared for further Brexit uncertainty' as profits stay flat

Lloyds Bank is prepared to weather further Brexit uncertainty, the group’s chief executive said today as the bank reported results for the first quarter.

BNP Paribas profits boosted by investment bank rebound

The bank said clients had returned in the last month of the quarter.

Spanish banks lead European financial sector

Footsie manages only modest gains, kicking off the week with a lacklustre session

Standard Chartered flags turnaround progress with $1 billion buyback plan, shares rise

The share repurchase plan comes after StanChart CEO Bill Winters unveiled in February

Regulatory costs hit Nordea Bank Q1 profit

Our priorities are very clear – to increase business momentum and at the same time reduce the structural cost base; we are executing on both.

Barclays’ investment bankers have fallen out of the Premier League

In 2009, Bob Diamond and BarCap were the financial sector’s Man Utd. Now investors want the unit brought to heel

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