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Deutsche reports €6.7 billion loss for 2015
(21 January 2016 – Germany) The largest Germany bank, Deutsche Bank, has revealed an overall loss of €6.7 billion (A$10.5 billion) for 2015, resulting from litigation costs, write-downs […]
(21 January 2016 – Germany) The largest Germany bank, Deutsche Bank, has revealed an overall loss of €6.7 billion (A$10.5 billion) for 2015, resulting from litigation costs, write-downs […]
(19 January 2016 – Australia) Global ratings agency, Fitch Ratings has predicted that Australian banks' profit growth is set to slow further this year, impacted by borrowers failing […]
(12 November 2015 – Italy) To avoid increasing capital, Italian bank, UniCredit, has indicated that it would cut more than 18,000 jobs in addition to ramping up other […]
(9 November 2015 – Switzerland) Switzerland's second largest bank, Credit Suisse, may need to cut bonuses by as much as 60 percent this year due to losses incurred […]
(6 November 2015 – France) French banks Société Générale and Crédit Agricole have both reported jumps in Q3 net profit. Société Générale said net profit rose 28 percent […]
(29 October 2015 – New Zealand) BNZ's announced that its annual profit passed the NZ$1 billion (A$940 million) mark for the first time, however a gloomy economic outlook […]
(8 October 2015 – Australia) Bank of Queensland (BoQ) has reported A$ 357 million in cash profit, a 19 percent rise for 2015. The result was based on […]
(8 October 2015 – Germany) Germany’s Deutsche Bank has warned investors that it would post a net loss of €6.2 billion ($A 9.68 billion) in the third quarter, […]
(14 September 2015 – Australia) Macquarie Group said a weak Australian dollar and favourable trading conditions will help it in achieving a 40 percent increase in profit for the […]
(1 September 2015 – Europe) Over the last year, U.S. based banks have generated the highest proportion of European mergers and acquisition (M&A) fees since 1998 according to […]