Europe’s banking sector extends two-year bull run on record profits
The sector's remarkable resurgence in the past 2-1/2 years came after more than a decade of rock-bottom interest rates and concerns about eurozone debt...
Category : Banking
Julius Baer recovers from Signa mishap, registers strong financials
While Julius Baer's net new money growth target has been set at 4%-5% by 2028, net profit for the H1 2026 rose 128% to 673 million francs...
Deutsche Bank steps in as Chinese used-car AI firm DSC Holdings lists on Nasdaq
DSC priced its initial public offering at USD 17 per American depositary share, selling three million of them and raising around USD 51 million before fees...
IF Insights: Wall Street’s investment banking rebounds on strong Q2 earnings
Industry biggies post strong second-quarter profits as investment banking and trading eclipse traditional lending as the financial sector's biggest growth engine...
Intesa vs Banco BPM: Battle for MPS to reshape Italian banking
From a near-collapse in 2017, MPS became a tale of Italy's banking sector resilience, by turning profitable again in 2023...
JPMorgan commits USD 20 billion to Gulf, bets on post-war reconstruction boom
JPMorgan expects rebuilding and economic diversification across the region to require hundreds of billions of dollars in the coming days...
Connecting markets, expanding horizons: The Access Bank UK Limited’s 2025 transformation
Acquisition of 76% majority stake in AfrAsia Bank Limited, in Mauritius, strengthened its ability to facilitate trade and investment across southern Africa and beyond...
New co-presidents reignite JPMorgan succession rumours
Petno and Rohrbaugh, who have jointly run the bank’s Commercial & Investment Bank (CIB) since early 2024, will now each lead a division outright...
Strong UBS capital rules required for Switzerland’s financial stability, says minister
Karin Keller-Sutter's remarks come amid an ongoing standoff between the Swiss government and UBS over capital requirements...
Standard Chartered may sell Bahrain wealth and retail unit, to focus on markets with ‘greater scale’
The bank said the strategic review will not affect its Corporate and Investment Banking (CIB) business, which will continue to operate in the Gulf country...