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ANZ posts $2.63b profit for H1 2026 on moderate loan and deposit growth

Tuesday May 5th, 2026
admin2026-05-05T05:44:50+03:00

Its dividend for the period is 83 cents per share. The Australia and New Zealand Banking Corporation (ANZ) announced a statutory profit of $2.63b (A$3.65b) for the six-month period ending 31 March 2026, a 0.22% year-on-year (YoY) increase compared to...

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Policy uncertainty cost $200bn in missed investment in 2025

Tuesday May 5th, 2026
admin2026-05-05T05:37:24+03:00

As much was delayed or lost in 2025 due to policy volatility, an ICC study estimated. Real business investment would have grown four times faster last year without surging policy uncertainty, according to an analysis of 10 major economies by...

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Firms struggle to meet EU AML overhaul, PwC research finds

Tuesday May 5th, 2026
admin2026-05-05T05:31:31+03:00

Financial institutions across Europe, the Middle East and Africa are at risk of falling behind on new anti-money laundering (AML) requirements, with few expecting to meet the EU’s 2027 deadline, according to PwC’s research. One-third of EU financial institutions believe...

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NatWest’s first-quarter profit rises 12%, takes Iran war provision

Tuesday May 5th, 2026
admin2026-05-05T05:27:25+03:00

NatWest, opens new tab reported a 12% rise in first-quarter profit, as the bank grew lending income while taking a modest charge for potential losses from the impact of the Iran war even as it warned that Britain's economic...

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EFG Hermes appointed sole global coordinator and bookrunner Misr Life Insurance IPO

Tuesday May 5th, 2026
admin2026-05-05T05:10:19+03:00

EFG Hermes, an EFG Holding company and the leading investment bank in MENA, has announced that it has been appointed sole global coordinator and sole bookrunner for the planned initial public offering of Misr Life Insurance on the Egyptian...

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UBS Q1 2026 profit soars 80% on broad-based growth

Monday May 4th, 2026
admin2026-05-04T04:13:36+03:00

Global wealth management invested assets fell by $85bn to $4.66tn. UBS net profit attributable to shareholders surged 80% year-on-year to $3.04bn in the first quarter of 2026, driven by gains across all core segments.  The Swiss group’s revenues rose 13% to...

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Ping An Bank profit rises 3% to $2.12b in Q1

Monday May 4th, 2026
admin2026-05-04T04:08:09+03:00

Retail assets under management rose 1.2% during the quarter, said Ping An. Ping An Bank saw its net profit rise to 3% year-on-year (YoY) to $2.12b (RMB14.52b) in Q1 2026, according to the latest financial results of its parent company...

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Asia fintech hits $1.7b as global investment slump deepens

Monday May 4th, 2026
admin2026-05-04T04:01:57+03:00

Region closed 150 transactions placing third behind US and Europe. Asia’s funding deals in the financial technology (fintech) sector reached a total of $1.7b in the first quarter of 2026, the third largest share compared to other markets. It also closed...

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DBS’ net profit up 1% to S$2.93b in Q1 on record total income

Monday May 4th, 2026
admin2026-05-04T03:59:23+03:00

Wealth management growth drove up fee income and treasury customer sales to new highs. DBS Group’s net profit inched up 1% year-on-year (YoY) to $2.29b (S$2.93b) in Q1 2026, according to the bank’s latest financial results. Compared to Q4 2025, net...

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Foreign direct investment in Canada up 6.9% in 2025

Monday May 4th, 2026
admin2026-05-04T03:56:14+03:00

Meanwhile, Canadian direct investment abroad rose 2.8% to $2.4 trillion. Foreign direct investment in Canada was up 6.9% to reach $1.6 trillion, while Canadian direct investment abroad rose 2.8% to $2.4 trillion at the end of 2025, according to Statistics...

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Last news

  • ANZ posts $2.63b profit for H1 2026 on moderate loan and deposit growth
  • Policy uncertainty cost $200bn in missed investment in 2025
  • Firms struggle to meet EU AML overhaul, PwC research finds
  • NatWest’s first-quarter profit rises 12%, takes Iran war provision
  • EFG Hermes appointed sole global coordinator and bookrunner Misr Life Insurance IPO
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