Australia’s Macquarie says first-quarter operating performance flat, shares slide
Top Australian investment bank Macquarie Group (MQG.AX), opens new tab said on Thursday its first-quarter operating group contribution was broadly in line with last […]
UK data watchdog blocks naming of banks which lost COVID loan guarantees
Britain’s information watchdog has rejected a Reuters appeal to identify lenders who have lost or surrendered state guarantees on millions of pounds […]
India’s Axis Bank misses Q1 profit view on higher provisions
Axis Bank (AXBK.NS), opens new tab, India’s third-largest private bank by market capitalisation, reported a smaller-than-expected first-quarter profit on Wednesday as it set […]
Visa reports rare quarterly revenue miss, shares drop
Visa’s (V.N), opens new tab third-quarter revenue growth fell short of Wall Street targets in a rare miss for the world’s largest payments processor […]
Britain makes it tougher for banks to close branches
Banks in Britain must comply with tougher rules from September that require them to delay branch closures until they can show regulators […]
Deutsche Boerse raises 2024 guidance after Q2 profit beat
German exchange operator Deutsche Boerse (DB1Gn.DE), opens new tab on Wednesday posted a 13% rise in second-quarter net profit, better than analysts had expected, […]
Bank of England unveils new stability tool to soothe gilt market ructions
The Bank of England on Wednesday set out details of a new financial stability tool that insurers and pension funds will be […]
IDB and Brazil’s public banks to launch Amazon ETF, say sources
The Inter-American Development Bank (IDB) and Brazil’s public banks will announce on Thursday the development of an exchange-traded fund (ETF) focused on […]
Swiss lender EFG posts 10% rise in net profit, robust inflows
Swiss private bank EFG International (EFGN.S), opens new tab said on Wednesday net profit grew by 10% to a record 162.8 million Swiss francs […]
UniCredit buys digital bank and cloud IT platform in Aion-Vodeno deal
UniCredit (CRDI.MI), opens new tab on Wednesday said it was investing 370 million euros ($401 million) to acquire Belgium’s digital bank Aion and Vodeno, […]
Deutsche Bank’s profit streak ends with big lawsuit provision
Deutsche Bank (DBKGn.DE), opens new tab posted its first loss in four years in the second quarter after setting aside 1.3 billion euros ($1.41 […]
Santander raises profitability goals after record quarter
Spain’s Santander (SAN.MC), opens new tab hiked its profitability goals after strong growth at its main retail business, especially in Spain and Brazil which […]