Positive rating momentum to slow as growth weakens, risks rise. Globally, financial performance for the banking sector may be at, or near, its peak — and the rating outlook is dimming too, says Fitch Ratings. In a report, the rating agency...
It forecasts an annual cash dividend of JPY157 for the fiscal year. Sumitomo Mitsui Financial Group’s (SMFG) profit attributable to owners of the parent rose 22.8% year-on-year (YoY) to over $8.99b (JPY1.39t) in the nine month period ending 31 December...
Taiwan's tech-focused economy grew much more than expected in the fourth quarter, the government statistics agency said, thanks to strong demand for the chips and related technologies that power artificial intelligence. For all of 2025, the economy expanded 8.63 per...
Ares Management has led a $1.6bn private debt financing to support the merger of Suave Brands Company and Elida Beauty, underlining the growing role of private credit in large consumer-sector transactions. The financing backs the combination of the two businesses...
Household, government final consumption expenditure contribute to GDP growth. The German economy posted a 0.3% growth in the last quarter of 2025 from the previous quarter, the federal statistical authority Destatis announced on Friday. “In particular, household and government final consumption...
Hong Kong's economy expanded 3.8 per cent from a year earlier in the fourth quarter, official advance estimates showed on Friday, the 12th consecutive quarter of growth thanks to buoyant regional trade flows, growth in inbound tourism and financial...
The biggest profit since 2007 is a welcome milestone for the bank after a rocky decade. Deutsche Bank posted its largest annual profit since 2007 after a stronger-than-expected fourth quarter, a day after police searched the bank in an alleged...
Abu Dhabi Commercial Bank (ADCB) recorded a net profit after tax of AED11.445 billion ($3.12 billion) in FY2025, marking 22 percent year-on-year growth, while Q4 net profit reached AED3.342 billion. The bank reported profit before tax of AED12.843 billion in...
First Abu Dhabi Bank (FAB), the UAE’s global bank and one of the world’s largest and safest financial institutions, today announced a record group net profit of AED21.11 billion ($5.75 billion), up 24% year-on-year (yoy). Profit before tax increased 27%...
Its profit before tax for 2025: £6.7 billion, up from £5.97 billion the year before and better than the £6.4 billion average of analysts’ forecasts. Lloyds Banking Group said that its annual profit rose by 12 per cent, beating expectations. It...
