Spurred on by their investment banking divisions, many of the largest European banks are on course for profitability in 2024, ...
Jean-François Denis, global head of Trade Solutions at BNP Paribas, agrees. “It is the core business of trade finance to ...
Mediobanca’s board will meet on Tuesday morning to evaluate the unsolicited approach, which has garnered government support ...
LONDON/MADRID (Reuters) - European banks are expected to report a sharp rise in profits for the final three months of last ...
Shares in Monte dei Paschi (MPS) fell again on Monday, extending Friday's losses, signalling lingering investor doubts over ...
The European Union Commission is expected to extend the timeline for enforcing more stringent capital requirements on banks' trading desks, with some industry lobbyists calling for a roughly two-year ...
Italian lender Monte dei Paschi di Siena has launched a €13.3bn takeover offer for its larger domestic rival Mediobanca. The offer, announced on Friday, values Mediobanca’s shares at €15.99 each, a 5 ...
European stock markets extended a multi-session winning streak following President Trump’s speech in Davos. While the banking ...
It has paid to be a shareholder in Europe's top banks recently. The biggest lenders in Europe and the UK returned around €123bn (£104bn) to investors in 2024, according to UBS estimates. Read more.
European banks are set to return around €123bn to shareholders for the second consecutive year, driven by surging dividends ...
HSBC, BNP Paribas and UniCredit are expected to return the largest amounts to shareholders on the back of their 2024 results, according to UBS’s forecasts, distributing €19.3bn, €11.6bn and €8.8bn, ...
HSBC Holdings is set to buck an industrywide trend of higher banker bonuses as it gears up for a multibillion-US dollar cost reduction from an ongoing restructuring. Some employees in areas such as ...