Swedish lender Swedbank reported slightly worse than expected quarterly earnings. This is with a drop in interest income disappointing investors and sending its shares down
BNP Paribas is expecting that the Bank of England is to raise UK interest rate hikes by 0.25%. And that too by next month. This is early
Commerzbank said that its fourth-quarter earnings would be impacted by provisions made at its Polish mBank subsidiary. It would still post a net profit for the
World Bank President David Malpass criticized Microsoft’s $69 billion takeover of gaming developer Activision Blizzard as a questionable allocation of capital. This is when poor countries are
The Bank of England will get more powers to set direct requirements for clearing and settlement houses. This is as a part of a wider regulatory revamp
Spanish billionaire and Zara founder Amancio Ortega agreed to buy Royal Bank Plaza. It houses their headquarters of Royal Bank of Canada, the country’s biggest bank, in Toronto for around
The Bank of England will publish a book aimed at improving the British public’s understanding of economics later this year. Its title will be “Can’t
Italy’s Banca Popolare di Sondrio’s CEO said that it is open to exploring all options for its future. This is after shareholders approved long-delayed governance
German financial regulator BaFin has fined Deutsche Bank nearly $10 million for controls which is related to the Euribor interest rate. This is in a setback for
Alpha Bank is one of Greece’s four biggest lenders. It entered into a binding agreement with Hoist Finance AB to sell non-performing loans with a book
Purus ut praesent facilisi dictumst sollicitudin cubilia ridiculus.