UniCredit reports a 2.8% revenue increase to €6.5 billion in Q1 2025, with net profit up by 8.3% to €2.8 billion. The bank revises its 2025 net profit forecast to €9.3 billion, aim...
Canara Bank successfully mobilized Rs 16,700 crore in 10 weeks through a staff-led deposit campaign, improving its credit-deposit ratio and reducing reliance on bulk deposits.
Union Bank of India reports a 50% surge in Q4 net profit to Rs 4,985 crore, driven by higher non-interest income and lower provisions. However, it warns of margin pressures from ex...
NatWest has achieved a remarkable 20% increase in Q1 income, totaling £3.9 billion, signaling strong performance and strategic growth in challenging times.
ING kicks off the year with a strong Q1 revenue of €3.62 billion, showcasing its financial strength and promising outlook for the upcoming quarters. More details are expected to fo...
Indians are pledging more gold than ever, with outstanding bank loans against gold more than doubling in a year, even as overall bank credit growth slows. This surge is driven by R...
Barclays PLC announces an 11% increase in Q1 total income to £7.7 billion, with profits before and after tax rising by 19% and 16% respectively. The bank attributes this success to...
Barclays PLC announces an 11% increase in Q1 total income to £7.7 billion, with profits before and after tax growing by 19% and 16% respectively. The bank's strong performance is a...
Barclays PLC announces an 11% rise in Q1 total income to £7.7 billion, with significant growth in profits and earnings per share, showcasing strong financial health and strategic r...
Barclays PLC announced an 11% annual rise in total income to £7.7 billion for Q1 2025, with profits before and after tax growing by 19% and 16% respectively. The bank's strong perf...
Barclays PLC announced an 11% rise in Q1 total income to £7.7 billion, with profits before and after tax increasing by 19% and 16% respectively. The bank's strong performance is at...
Credit Agricole reports a 6.6% revenue increase to €7.2B in Q1, showcasing strong financial performance and operational efficiency. Further details and analysis to follow.
Deutsche Bank kicks off 2025 with a 39% surge in Q1 net profit to €2 billion, alongside a 10% rise in net revenues to €8.5 billion, signaling strong financial performance and strat...
The Reserve Bank of India (RBI) has directed banks and ATM operators to increase the availability of Rs 100 and Rs 200 notes in ATMs, setting deadlines for implementation to improv...
Erste Group Bank AG is in talks with Banco Santander SA to acquire a 49% stake in Santander Bank Polska. The deal, still under discussion, would be subject to standard closing cond...
Erste Group Bank AG is in discussions with Banco Santander SA about acquiring a 49% stake in Santander Bank Polska, a deal that could reshape Poland's banking sector but remains un...
European stock markets opened higher as investors prepare for a week packed with corporate earnings, focusing on banking, automotive, and pharmaceutical sectors. Key economic data ...
European stock markets opened higher, with investors eyeing a busy week of earnings from key sectors like banking and automotive, alongside important economic data including GDP an...
European stock markets opened higher as investors prepare for a week full of corporate earnings and economic data, focusing on banking, automotive, and pharmaceutical sectors. Key ...
European stock markets opened higher as investors brace for a week full of corporate earnings, with a focus on banking, automotive, and pharmaceutical sectors. Key indices showed g...
IDFC First Bank reported a net profit of Rs 1,525 crore for FY25, with a strategic Rs 7,500 crore capital raise approved to support future growth, despite a profit decline from the...
BNP Paribas reports a 12.5% revenue growth to €5.28B in Q1 2025, with a slight net income decline. The bank emphasizes strategic investments and resilience in Europe's economic lan...
The Indian government extends RBI Deputy Governor T Rabi Sankar's tenure by another year until May 2026, recognizing his contributions to financial technology and risk management. ...
The RBI has directed banks to impose a higher liquidity buffer rate on digital deposits to prevent risks during financial stress, effective from April next year. This move comes in...
HDFC Bank shares surged 4% to a 10-month high after reducing savings account interest rates to 2.75%, the lowest among major private banks, aiming to boost profit margins amidst sl...
Following the RBI's recent rate cut, SBI has reduced its deposit rates by 10bps, affecting select tenors and potentially lowering borrowing costs. The move aligns with broader mone...
Germany's Federal Cartel Office approves UniCredit's 29.99% stake in Commerzbank, a move previously authorized by the European Central Bank, signaling a significant consolidation i...
This week's earnings season highlights include Netflix and TSMC's anticipated revenue growth, alongside reports from major banks and healthcare companies. Key players across sector...
HDFC Bank reduces savings account interest rates to 2.75% following RBI's repo rate cut, reflecting a shift in depositor behavior and banking sector strategies towards liquidity ma...
The Reserve Bank of India (RBI) has fined HDFC Bank Rs 75 lakh for KYC norm violations and Punjab & Sind Bank Rs 68 lakh for lapses in reporting and financial inclusion guidelines,...
The income tax department has demanded Rs 559 crore from Indian Overseas Bank (IOB) under Section 156 of the Income Tax Act, 1961. IOB plans to appeal, citing strong legal grounds ...
The Finance Ministry warns about the risks of households shifting savings to market-linked financial products, highlighting potential financial losses and challenges for banks' liq...
