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46-60 of 2668 results
HSBC Q1 profit down 18% on market volatility
By BBR Staff Writer
HSBC reported an 18% fall in its profit for the first quarter this year, as volatility in global markets weighed on its revenue performance in the first two months of 2016.
Banking Services > Commercial Banking > News
RBS Q1 loss more than doubles to £968m
By BBR Staff Writer
Royal Bank of Scotland (RBS) has reported a doubling of losses to nearly £1bn in the first quarter as it paid fees of £1.19bn to the UK Government to meet a condition of its bailout package.
Banking Services > Commercial Banking > News
Deutsche Börse opens FinTech hub in Frankfurt, Germany
By BBR Staff Writer
Deutsche Börse has opened its FinTech hub in Frankfurt, making it one of the first major companies of the region to support the Hessian State Government's FinTech initiative to set up a FinTech cluster in Frankfurt.
Banking Services > Commercial Banking > News
Barclays Q1 pretax profit falls by 25% as losses in non-core units soar
By BBR Staff Writer
Barclays has reported a 25% decline in its pretax profit for the first quarter this year, due to increased losses in its non-core businesses.
Banking Services > Commercial Banking > News
Stonegate Bank to buy Regent Bancorp for $40m
By BBR Staff Writer
Stonegate Bank has signed an agreement to acquire the operations of Regent Bancorp, including its subsidiary, Regent Bank, for $40m.
Banking Services > Commercial Banking > News
US Bancorp Q1 profit falls 3% on higher provisioning for bad loans
By BBR Staff Writer
US Bancorp reported a 3% fall in its profit for the first quarter this year, due to higher provisioning to cover bad loans in the struggling energy sector.
Banking Services > Commercial Banking > News
Citigroup Q1 profit slumps 27% on increased costs, higher provisioning for bad loans
By BBR Staff Writer
Citigroup has reported a 27% fall in its profit for the first quarter of this year, due to an increase in costs involved to shrink some of its business units and higher provisioning to cover bad loans in energy sector.
Banking Services > Commercial Banking > News
Bank of America Q1 profit falls
By BBR Staff Writer
Bank of America has reported a sharp fall in its profit for the March quarter, as its revenue came under pressure due to a slump in bond and stock trading amid concerns over global economic growth.
Banking Services > Commercial Banking > News
Wells Fargo Q1 profit declines on higher provisioning for bad loans in oil sector
By BBR Staff Writer
Wells Fargo has recorded a sharp fall in its profit for the first quarter of this year due to increased provisioning to cover bad loans in struggling oil sector.
Banking Services > Commercial Banking > News
First Interstate BancSystem to buy Flathead Bank of Bigfork, Montana
First Interstate BancSystem (First Interstate), parent company of First Interstate Bank, and Flathead Bank of Bigfork (Flathead Bank), wholly owned by Flathead Holding Company of Bigfork, announced that First Interstate Bank has signed a definitive agreement to acquire Flathead Bank.
Banking Services > Commercial Banking > News
Atom Bank starts mobile banking operations in UK
By BBR Staff Writer
Digital challenger Atom Bank has launched its banking app in the UK following the lifting of regulatory restrictions.
Banking Services > Commercial Banking > News
Westfield Financial to buy Chicopee Bancorp
Westfield Financial and Chicopee Bancorp, the holding company for Chicopee Savings Bank (collectively “Chicopee”), jointly announced the signing of a definitive merger agreement whereby Chicopee will merge with and into Westfield.
Banking Services > Commercial Banking > News
Renasant completes merger with KeyWorth Bank
Renasant has completed its merger with KeyWorth Bank ("KeyWorth"), a bank headquartered in Johns Creek, Georgia.
Banking Services > Commercial Banking > News
Banco Santander plans to close 450 branches in Spain
By BBR Staff Writer
Banco Santander is planning to close nearly 450 branches in Spain this year in a bid to improve profitability and reduce costs.
Banking Services > Commercial Banking > News
Alior Bank agrees to acquire GE's Polish bank assets
By BBR Staff Writer
Alior Bank has agreed to acquire GE Capital’s majority stake in Bank BPH’s Core Bank.
Banking Services > Commercial Banking > News
46-60 of 2668 results