The Baltica 2 wind farm off the Polish coast has secured €1.4bn in commitments from three export credit and development institutions, backing plans to build the largest offshore project in the EU. The funding is structured as three separate packages:...
The French bank’s total revenues amounted to €12.1bn in the reported quarter that ended 31 December 2024. BNP Paribas has reported a 15.7% increase in its net income for the fourth quarter of 2024 (Q4 2024) at €2.32bn, compared to...
Its domestic loan portfolio also grew by 15.1%. ICICI Bank’s net profit increased by 14.8% year-on-year (YoY) to $1.4b in Q3 2025, or the quarter ending 31 December 2024. Core operating profit grew by 13.1% YoY to $1.9b during the same...
The lender is the latest to benefit from soaring demand from clients wanting to trade in global markets. Credit Agricole, France’s second-biggest listed bank, blew past quarterly earnings forecasts with a 27 per cent jump in profit, driven by insurance...
UBS Group AG UBS reported a fourth-quarter 2024 net profit attributable to shareholders of $770 million against a net loss of $279 million in the prior-year quarter. Results were driven by the strong performances of the Global Wealth Management, Asset...
It reported a 101% increase in net profit. Japan’s top brokerage and investment bank, Nomura Holdings, reported a 101 per cent increase in net profit on strong demand for equity offerings and mergers and acquisitions advisory services. Nomura posted its seventh...
Italy's biggest bank Intesa Sanpaolo (ISP.MI), opens new tab strengthened its profit outlook on Tuesday, forecasting rising revenue and lower costs this year, after incentives for early staff exits weighed on fourth quarter income. Intesa, which kicked off the reporting...
Profit in the October-December period came in at 490.74 billion yen (US$3.186 billion) versus 370.64 billion yen a year earlier. Japan’s largest lender Mitsubishi UFJ Financial Group reported a 32 per cent increase in quarterly net profit. Profit in the October-December...
Gross domestic product of Mexico fell by 0.6% in 4th quarter of 2024. The economy of Mexico shrank in the last quarter of 2024, marking the first quarterly contraction in three years, the national statistics agency INEGI reported in a...
Profit for the October-December period came in at 289.2 billion yen (US $1.874 billion). Mizuho Financial Group, Japan’s third-largest lender, booked a 28 per cent increase in quarterly net profit that has meant its nine-month figures now exceed forecasts for...
