Danske Bank, Denmark’s biggest lender, announced first-quarter profits that exceeded forecasts. This news, coupled with their assessment that the global trade war will only moderately impact…
Browsing: Banking
Bank of New York Mellon (BK.N) announced on Thursday that it “has received a licence to set up a regional headquarters in Saudi Arabia.” This move…
Caixabank announced on Wednesday that it anticipates a decrease in lending income for 2025. They expect lower interest rates to squeeze margins. However, its net profit…
Deutsche Bank announced a 39% increase in first-quarter profit on Tuesday. The bank’s global investment banking division generated a large revenue increase in bond and currency…
Mediobanca is fighting for its independence. They launched a 6.3 billion euro offer for wealth manager Banca Generali. They will finance the offer through their stake…
U.S. banking regulators announced on Thursday that they were retracting several documents. These documents had previously urged banks to be cautious when experimenting with cryptocurrency and…
The Reserve Bank of India (RBI) issued relaxed final guidelines on banks’ liquidity coverage ratio (LCR). Analysts expect this to free up capital worth up to…
Hundreds of global finance leaders will come to Washington this week. They each have a single goal: to find the right person to negotiate a trade…
Traders believed the European Central Bank (ECB) gave them the “all-clear” on Thursday. They are now betting on even steeper interest rate cuts. They are confident…
India’s real estate sector has welcomed the Reserve Bank of India’s latest monetary policy move, which saw the repo rate reduced by 25 basis points to…