HSBC has announced that its 1QFY2025 profit after tax of US$7.6 billion was US$3.3 billion lower than in 1QFY2024, but up manifold from the US$585 million profit after tax in 4QFY2024. Y-o-y, profit before tax decreased by US$3.2 billion to...
Deutsche Bank posted a 39 per cent rise in first-quarter profit after its global investment banking division generated a big increase in revenue in bond and currency trading during volatile markets. Deutsche, Germany’s largest lender, recorded net profit attributable to...
Industrial & Commercial Bank of China reported a drop in quarterly profit due to declines in interest income and fee and commission income. The Chinese bank said Tuesday that net profit dropped 4.0% from a year earlier to 84.16 billion...
China's CITIC Securities Co, reported a 32% rise in net profit in the first quarter this year, on strong investment returns and higher brokerage fee income. Its quarterly profit was 6.545 billion yuan ($900.50 million), up from 4.959 billion yuan...
Canada’s largest bank retreats from key climate disclosures as it reassesses methodology. RBC says it is scrapping its sustainable finance commitment and holding back on other climate disclosures in part because of regulatory changes. The bank says in its latest sustainability...
Swedish banking group Swedbank reported better-than-expected first-quarter net profit on Tuesday, driven by lower loan losses, but said that trade conflicts had dampened economic recovery in the bank's markets. The Nordic country's biggest mortgage lender said net profit fell to...
Double digit loan growth and net interest margin expansion helped push profits up. Bank Central Asia (BCA) reported a net profit that is 9.8% year-on-year (YoY) higher for Q1. Net profit is $839.97m (IDR14.1t for the first three months of 2025....
For 2025, the banks are expected to report lower NIMs and a 1% loan contraction. Banks in Thailand reported a combined net profit rise of 5% year-on-year (YoY) and 12% quarter-on-quarter (QoQ) for the first quarter of 2025, according to...
Arab Bank Group has reported solid results for the first quarter of 2025, with 7 % increase in net income after tax reaching $ 271 million, compared to $252.8 million for the same period last year. The group maintained its...
It captured 5% of the global investment banking wallet share in Q1. Citi’s Corporate and Investment Banking logged an 84% increase in mergers & acquisitions (M&A) fees in the first quarter of 2025. For the first time in four years, Citi...
