ING Earnings Beat Estimates as Credit Provisions Decrease
ING Groep NV reported second quarter profit that beat analyst estimates as it set aside less money for
1970-01-01 08:00
Egypt Looks Beyond Rate Hike to Cool Record Inflation
Not even record inflation looks likely to spur Egypt’s first interest-rate hike since March, with policymakers seen raiding
1970-01-01 08:00
BOJ Intervenes for Second Time This Week to Slow Yield Spike
The Bank of Japan came into the market for the second time this week to slow gains in
1970-01-01 08:00
StanChart Sees Senior Banker Exits in India as Rivals Circle
Standard Chartered Plc is losing several senior long-serving executives in its India operations, with some heading for new
1970-01-01 08:00
SocGen Beats in Lackluster Quarter for Trading Under New CEO
Societe Generale SA beat most analyst estimates even as key revenue lines weakened amid a lackluster trading environment,
1970-01-01 08:00
UK Banks Set to Reap Billions From Hedging Against Rising Interest Rates
The UK’s biggest banks stand to gain billions this year from hedging against rising rates. Structural hedges, the
1970-01-01 08:00
DBS Sees Higher Margin After Quarterly Profit Tops Estimates
DBS Group Holdings Ltd., Southeast Asia’s largest bank, signaled improving margins in the second half of this year
1970-01-01 08:00
U.S. Bancorp to Sell Shares to MUFG After Union Bank Acquisition
U.S. Bancorp plans to issue $936 million in shares to Mitsubishi UFJ Financial Group Inc. following its acquisition
1970-01-01 08:00
Dimon Calls Higher US Capital Rules ‘Hugely Disappointing’
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon called new plans for more stringent capital rules “hugely
1970-01-01 08:00
Wells Fargo to Tap Corporate Bond Market Despite US Credit Downgrade
A handful of borrowers, including Wells Fargo & Co., are selling fresh debt in the US investment-grade bond
1970-01-01 08:00
Kansas City Fed Names Veteran Banker and Regulator as Its Chief
The Federal Reserve Bank of Kansas City appointed a longtime former banker and bank regulator its new president
1970-01-01 08:00
Tunisia Installs New Premier, Adding to Angst Amid IMF Delay
Tunisia’s President Kais Saied replaced his prime minister of almost two years with a little-known figure, injecting fresh
1970-01-01 08:00