Santander lifts outlook after record first half profit MADRID: Spanish banking giant Santander lifted its outlook for 2024 on Wednesday after posting a record first-half... Published 25 Jul, 2024 07:08am
Print Russia seizes Deutsche Bank, UniCredit assets MOSCOW: A Russian court has ruled that Deutsche Bank and UniCredit’s assets in Russia are to be seized, documents... Updated 19 May, 2024 09:29am
Markets European shares end lower on weak earnings, automakers spooked by Tesla European shares ended lower for the second straight session on Thursday as earnings reports disappointed and... Published 20 Apr, 2023 09:42pm
Opinion Yellen goes to school Surely, you can’t be accused of being a pro-Putin conspiracy hack if you’re quoting the US treasury secretary... Updated 20 Apr, 2023 06:52am
Business & Finance IMF calls for rules on non-bank financial sector to prevent turmoil The non-bank sector now accounts for half of the assets of the entire world financial system and should be more... Published 04 Apr, 2023 06:20pm
Markets Inflation dampens growth in ex-Soviet bloc: EBRD bank LONDON: Persistent high inflation, fuelled by elevated gas prices, will limit growth recovery in the ex-Soviet bloc... Published 16 Feb, 2023 11:42am
Business & Finance BNP Paribas posts record profit of 10.2bn euros PARIS: French bank BNP Paribas posted Tuesday a record profit of 10.2 billion euros, the latest in a series of... Published 13 Feb, 2023 05:57am
Business & Finance UniCredit hikes payout goal by 40pc after record profit MILAN: UniCredit pledged on Tuesday to return 5.25 billion euros ($5.69 billion) to investors based on its 2022... Published 06 Feb, 2023 07:34am
Opinion US, European banks could lose over $5bn from risky buyout loans Top US and European banks are facing tougher times in the riskiest parts of the loan market. The biggest US ... Published 18 Aug, 2022 05:27am
Print Wall Street revives Russian bond trading after US go-ahead NEW YORK: Several major Wall Street banks have begun offering to facilitate trades in Russian debt in recent days,... Published 16 Aug, 2022 03:59am
Markets ECB’s Enria hopes European banks will exit Russia soon TRENTO: The European Central Bank hopes euro zone banks will soon sell their Russian assets, the ECB’s top... Published 03 Jun, 2022 06:17pm