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...
The Philippine economy expanded an annual 5.2 per cent in fourth quarter from a year earlier, official data showed, missing the median forecast of 5.4 per cent growth in a Reuters poll of economists. On a quarterly basis, the Philippines...
Emirates NBD’s profit before tax climbed to a record AED27.1 billion ($7.38 billion) in 2024, a 15% increase compared to 2023 figures, as it expanded its regional presence and enhanced its wealth management franchise. The group recorded a net profit...
The group recorded a net profit after tax of AED23 billion ($6.26 billion), up 7% on 2023 numbers. Income grew to over AED44 billion in 2024, a 3 per cent growth year-on-year, with the group’s strategic investment in digital banking...
Lending income at Spain's Caixabank came under pressure in the fourth quarter due to lower interest rates, though the lender managed to offset the impact with a rise in net fees and commissions. The bank reported net profit of 1.54...
Euroclear has entered into a seven-year deal with Microsoft, harnessing a full suite of technology encompassing cloud, data and AI. Microsoft will support Euroclear's strategic ambition in key growth areas like funds and client experience as well as its long-term...
Saudi Arabia’s real gross domestic product saw an annual expansion of 4.4 percent in the fourth quarter of 2024, marking its highest growth in two years, official data showed. According to flash estimates from the General Authority for Statistics, the...
