Banks
Two JPMorgan ETFs that are providing a destination for risk-adverse investors
ETF Edge Two JPMorgan ETFs that are providing a destination for risk-adverse investors Published Fri, May 2 20257:45 AM EDT Krysta Escobar WATCH LIVE Source
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Britain’s NatWest says Q1 profit rises 36% on stronger income
A sign outside a NatWest Group Plc bank branch in the City of London, UK, on Tuesday, July 25, 2023. Natwest is due to report first-half results on Friday, July 28. Photographer: Hollie Adams/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images NatWest reported its first quarter profit rose 36% on Friday, thanks to […]
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Lloyds first-quarter profit drops, sets aside $133 million for tariff impact
A Lloyds Banking Group Plc bank branch in London, UK, on Monday, Oct. 21, 2024. Bloomberg | Bloomberg | Getty Images Lloyds Banking Group’s profits fell 7% in the first-quarter, hit by higher costs and impairment charges, and it set aside 100 million pounds ($133 million) for the impact of trade tariffs imposed by U.S. […]
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Spain’s antitrust body clears BBVA-Sabadell takeover, awaits government
Signage outside a Banco Bilbao Vizcaya Argentaria SA (BBVA), right, and a Banco Sabadell SA, left, bank branch in Barcelona, Spain, on Wednesday, May 1, 2024. Bloomberg | Bloomberg | Getty Images Spain’s competition watchdog CNMC approved on Wednesday the proposed acquisition of Banco Sabadell by its larger rival BBVA, though the combined lender will have […]
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British bank Barclays reports profit beat in the first quarter
16 September 2023, USA, New York: The Barclays Bank logo, taken in Manhattan. Michael Kappeler | Picture Alliance | Getty Images British bank Barclays on Wednesday reported slight beats on the top and bottom line, boosted by stronger investment bank performance. Pre-tax profit came in at £2.7 billion ($3.6 billion) over the March quarter, compared […]
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Eric Trump: ‘If banks don’t watch what’s coming, they’ll be extinct in ten years’
Key Points “The modern financial system is broken, it’s slow, it’s expensive,” Eric Trump told CNBC in the UAE. The executive vice president of the Trump Organization has made frequent visits to the desert sheikhdom in recent years as it rapidly becomes a global hub for cryptocurrency. A vocal advocate of digital currencies, the younger […]
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Swiss giant UBS beats expectations with $1.69 billion profit in first quarter
The three keys USB logo is seen outside the London office of Swiss bank UBS in central London, on March 20, 2023. Daniel Leal | AFP | Getty Images Swiss giant UBS on Wednesday beat bottom line expectations amid sharp returns in investment banking, as the lender seeks to rein in steep share declines that have cost […]
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SoFi CEO says fintech bank is bringing back crypto investing
Key Points SoFi CEO Anthony Noto said the fintech bank will bring back cryptocurrency investing after a “fundamental shift” in the regulatory landscape under the Trump administration. SoFi was forced to drop crypto investing in late 2023 as part of becoming a regulated bank. But after new guidance this year from the acting head of […]
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Deutsche Bank posts 39% jump in first-quarter profit, above expectations
A sign for Deutsche Bank AG at a bank branch in the financial district of Frankfurt, Germany, on Thursday, Feb. 2, 2023. Bloomberg | Bloomberg | Getty Images Germany’s largest lender Deutsche Bank on Tuesday posted higher-than-expected first-quarter profit on robust investment banking performance, as lenders in Europe’s largest economy navigate broader market turbulence instigated […]
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HSBC announces share buyback of up to $3 billion as first-quarter results top expectations
Branch of HSBC bank on 15th January 2024 in London, United Kingdom. HSBC Bank plc is a British multinational banking and financial services organisation. HSBCs international network comprises around 7,500 offices in over 80 countries globally. (photo by Mike Kemp/In Pictures via Getty Images) Mike Kemp | In Pictures | Getty Images Europe’s largest lender […]
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