corporate-banking
FinanceDeutsche Bank Must Rely More on Stable Businesses for Profits, Investor Deka Says
FinanceHSBC to Sell Bahrain Retail Banking Operations as Restructuring Progresses
FinanceSantander Names Riley as CEO of Santander Us, Part of Wider Reshuffle
FinanceSantander Names Riley as CEO of Santander Us, Part of Wider Reshuffle
Finland's Nordea Bank Just Beats Q4 Estimates on "slow" Lending Market Recovery
Date: January 30, 2025
(Reuters) - Finnish lender Nordea Bank reported fourth-quarter operating earnings slightly above estimates on Thursday and said the Nordic mortgage and corporate lending markets remained slow amid...
Seb Net Profit and Dividend Lag Forecast, Shares Fall
Date: January 29, 2025
By Niklas Pollard STOCKHOLM (Reuters) -Swedish bank SEB reported a net profit for the fourth quarter that narrowly lagged market expectations on Wednesday and proposed a lower-than-expected total...
Unwelcome in Germany, UniCredit CEO Zeroes in on Italy
Date: December 2, 2024
By Tom Sims, John O’Donnell and Valentina Za MUNICH/FRANKFURT/MILAN (Reuters) -Just days before UniCredit CEO Andrea Orcel set his sight on a takeover target in Italy, more evidence emerged of fierce resistance to his interest in German flagship lender Commerzbank. A group of customers from Germany’s corporate elite pleaded with Commerzbank’s CEO to reject a...
Unwelcome in Germany, UniCredit CEO Zeroes in on Italy
Date: November 29, 2024
By Tom Sims, John O’Donnell and Valentina Za MUNICH/FRANKFURT/MILAN (Reuters) – Just days before UniCredit CEO Andrea Orcel set his sight on a takeover target in Italy, more evidence emerged of fierce resistance to his interest in German flagship lender Commerzbank. A group of customers from Germany’s corporate elite pleaded with Commerzbank’s CEO to reject...
UBS Flags ‘sluggish’ Europe Growth as It Takes $170 Million Credit Hit
Date: November 21, 2024
By Dave Graham and Oliver Hirt ZURICH (Reuters) – UBS has seen weak European growth hit companies it lends to, CFO Todd Tuckner said on Thursday, with the bank facing a 2024 credit loss expense of some 150 million Swiss francs ($170 million) in its personal and corporate banking business. Tuckner’s remarks came as he...
Mediobanca Shares Slide 8% Following Revenue Miss, Nii Guidance Lowered
Date: November 12, 2024
By Gianluca Semeraro MILAN (Reuters) -Italy’s Mediobanca missed revenue estimates and cut its full year net interest income forecast on Tuesday, sending shares down more than 8% despite a better-than-expected quarterly profit. For the current fiscal year, the bank now sees flat net interest income (NII) as it prioritizes growing total financial assets by attracting...