05/05/2016
NAB posts $1.7bn net loss from Clydesdale IPO
NAB's Wealth division did particularly well in the half-year
05/05/2016
NAB's Wealth division did particularly well in the half-year
05/04/2016
Real estate management fees grew 19% YoY to $5.8m in Q1, thanks mainly to higher property management fees received.
05/03/2016
Chief Executive Officer Sergio Ermotti, 55, who has shifted the bank’s focus away from investment banking in favor of wealth management, is struggling with market volatility that led to a slump in trading across the firm.
05/03/2016
HSBC has posted a sharp drop in profits for the first three months of the year after it was hit by "extreme levels of volatility" in financial markets in January and February.
05/03/2016
DBS’ wealth management division has posted a substantial 47% quarter-on-quarter increase in net fees and commission income for the arst quarter of 2016
05/03/2016
The big earnings drop at ANZ, the only major Australian bank with a large presence in Asia, also comes in an election year when banking sector misconduct is a hot issue following a series of scandals including insurance fraud and rate rigging.
05/02/2016
Central banks from Southeast Asia to China have delivered various fiscal and monetary measures to boost growth amid mounting troubled loans at lenders.
05/02/2016
The bank cited robust retail banking services and the expansion in wealth management and insurance businesses as factors underpinning the profit growth.
05/02/2016
ICICI Bank, India’s second-largest lender by assets, reported the biggest drop in quarterly profit in at least 15 years after setting aside reserves on top of provisions to cushion future defaults.
05/02/2016
Income from BT Financial Group reduced by 2% from the previous six months, which Westpac said was due to lower markets and the partial sale of BT Investment Management.
05/02/2016
The bank also set aside a minimum capital requirement of 28.86 percent as of March, the company said in a statement.
05/02/2016
Security Bank Corp. posted a P3-billion net income in the first quarter of the year, down 12 percent from P3.36 billion a year earlier due to lower extraordinary trading gains.
04/29/2016
E. Sun’s biggest shareholder at 4.7 per cent is CBA’s First State Investments, the global offshore arm of Colonial First State Global Asset Management
04/29/2016
Pre tax and after tax return on equity stand at 22.6 percent and 14.8 percent respectively; whereas pre tax and after tax return on assets are at 1.5 percent and one percent respectively.
04/29/2016
Its net interest income grew 5 per cent to S$1.31 billion from S$1.25 billion a year ago.
04/29/2016
Our Digital and Cloud offerings grew 28% in the first quarter.
04/28/2016
The bank's net profit came in at S$766 million in the three months ended March, versus S$801 million a year earlier.
04/28/2016
Downturn blamed on falling interest margins and competitive lending market.
04/27/2016
Loans and deposit have both been growing at more than 20 percent, with the retail segment growing at a much faster pace, Salcedo said.
04/27/2016
Earnings per share for the year was 35.52 yen and return on equity was 4.9 percent.