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China Construction Bank and Bank of China also posted declines in profit, falling by 1.4 and 0.9 per cent over the same period. Net profit at Agricultural Bank of China rose by 2.7 per cent and Bank ...
“No data for 80 per cent of companies [in the EU] hinders the ECB’s ability to assess more precisely climate risks in the economy and spot the systemic risk they can represent for the financial system ...
UniCredit has raised its stake in Greece’s Alpha Bank to around 26 per cent, the Italian lender said on Thursday. The move raises UniCredit’s shareholding in the bank by an additional 5 per cent just ...
Raiffeisen was the biggest foreign contributor to the Kremlin’s tax coffers last year, paying $402mn in taxes on profits, according to new research by civil society body B4Ukrai ...
The chancellor’s comments mark a striking shift in tone now that the dark cloud of the 2008 financial crisis seems to have finally dissipated; NatWest is once more a private bank and Tom Hayes, of ...
Banks must commit to a strong digital investment strategy to address the needs of the next generation private wealth client ...
Barclays has agreed to sell its stake in Entercard Group to joint venture partner Swedbank for SKr2.6bn ($274mn). The cash deal, based on Entercard’s estimated March book value, is expected to be ...
While French banks may have to pay a “risk premium” if political uncertainty in France deteriorates significantly, lenders are set to continue to benefit from their expansion to other European markets ...
Another name that has been floated to replace Cook should Trump succeed in ousting her is Stephen Miran, the current chair of the Council of Economic Advisers, who Trump nominated to fill a temporary ...
Criticising the NZBA’s latest proposition, Lucie Pinson, founder and director of non-profit Reclaim Finance, said the new ...
However, the Federal Open Market Committee, which sets interest rates, also includes five regional bank presidents who are ...
US President Donald Trump hopes the removal of Lisa Cook from the Federal Reserve board of governors will give him a “majority” of his own nominees on the central bank’s board, a move that has sparked ...