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Barclays’ Q1 profit drops by a third
(28 April 2016 – United Kingdom) Barclays has reported a 33 percent drop in pretax profits for the first quarter. The Q1results follow that of US banks who […]
(28 April 2016 – United Kingdom) Barclays has reported a 33 percent drop in pretax profits for the first quarter. The Q1results follow that of US banks who […]
(21 April 2016 – Global) American Express (AmEx) has announced an increase in quarterly revenue for the first time in five quarters. The uplift has been assisted by […]
(18 April 2016 – Global) Citigroup has posted its first-quarter profits, surpassing market expectations. The bank’s net income plunged by 27 per cent to US$3.5 billion (A$4.6 billion) […]
(30 March 2016 – China) Bank of Communications Co Ltd has indicated that it might not reach 1 percent profit growth this year, blaming a heavy reduction in […]
(14 March 2016 – Germany) Deutsche Bank’s Chief Executive, John Cryan has warned the banking industry that volatile financial markets in the first quarter posed a challenge for […]
(4 March 2016 – United Kingdom) A sharp increase in demand for small business loans has risen Shawbrook Group’s full year pretax profit by 63 percent, the bank […]
(2 March 2016 – Australia) After nearly a week under the 5000 mark, the ASX broke through the crucial barrier today due to a strong rally in banking […]
(29 February 2016 – United Kingdom) Royal Bank of Scotland Group (RBS) posted its eighth consecutive annual loss driven by restructuring costs and conduct charges. The also delayed […]
(26 February 2016 – Malaysia) Malaysia's second largest bank by assets, CIMB Group, has reported that its net profit for the fourth quarter more than tripled following higher […]
(19 February 2016 – Singapore) Moody's Investors Service says that last years' financial results for Singapore lenders Oversea-Chinese Banking Corp (OCBC) and United Overseas Bank Limited (UOB) show […]