Commerzbank said on Friday its total revenues in the first quarter of 2025 stood at €3.1 billion, jumping 12% from the same period a year earlier.Operating profit for the trimester climbed 13% year on year to €1.2 billion and net interest income was little changed from the previous year at...
Credit Agricole S.A. announced on Wednesday that its revenue in the first quarter of fiscal 2025 increased by 6.6% compared to the same period a year ago to reach €7.2 billion.
The bank said that its net income Group share in the reported quarter stood at €1.8 billion, dropping 4.2% year-over-year....
Banco Santander announced that its first-quarter 2025 revenue rose 1% year-on-year to €15.5 billion, as the bank added nine million new customers, bringing its total to 175 million globally.
According to the report, the company's profit rose 19% to €3.4 billion, driven by higher fee income and cost...
Fintech bank SoFi Technologies Inc is planning to return crypto investing, its CEO Anthony Noto told CNBC."We're going to re-enter the crypto business, which we had to exit," Noto stated in an interview. "We'll re-enter the business of allowing our members to invest in cryptocurrency. We want to...
Deutsche Bank said on Tuesday that its profit in the first quarter of 2025 stood at €2 billion, rising 39% year on year.Profit before tax climbed 39% to €2.8 billion, while total quarterly net revenues amounted to €8.5 billion, up 10% from the same period in 2024. The bank's cost/income ratio was...
The Italian cabinet has conditionally approved Unicredit's public share swap offer for Banco BPM, with sources from Forza Italia voicing strong legal concerns to Il Sole 24 Ore on Friday.During the meeting, the party’s delegation formally questioned the use of the government’s golden power in this...
Raiffeisen Bank International denied on Friday a report that claimed it decided to halt the plans to sell its Russian unit."The sale process has not been stopped or frozen," Raiffeisen spokesperson Christoph Danz told RIA Novosti.Earlier, the Financial Times reported Raiffeisen is planning to pause the...
Raiffeisen Bank International (RBI) decided to suspend plans to sell its Russian unit, the Financial Times reported on Friday, citing two people familiar with the matter.According to the sources, the decision was reached in February amid hopes of improving relations between the United States and...
Fitch Ratings mentioned on Wednesday that while it had previously anticipated that most of the banking systems in the Asia-Pacific region would have "broadly stable operating conditions" in 2025, the introduction of tariffs shook things up."Our current Neutral outlooks for the Korean, Taiwanese and...
The European Central Bank (ECB) authorized Credit Agricole S.A. to increase its Banco BPM stake to 19.9%. Credit Agricole became Banco BPM's largest shareholder in 2022 by purchasing a 9.2% stake in the Milan-based bank."The European Central Bank authorized Credit Agricole S.A. – under the...
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