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Factbox-US bank bosses to be grilled by senators By Reuters
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Factbox-US bank bosses to be grilled by senators By Reuters

© Reuters. FILE PHOTO: The sun rises behind the dome of the U.S. Capitol, days after Democratic leaders of the U.S. House of Representatives delayed a planned vote on a $1 trillion bipartisan infrastructure bill, in Washington, U.S., October 4, 2021. REUTERS/Kevin L (Reuters) – The chief executives of the biggest U.S. banks are set...

DCB Bank shares surge on $10 million investment plan by AKFED By Investing.com
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DCB Bank shares surge on $10 million investment plan by AKFED By Investing.com

© Reuters. MUMBAI – Shares of DCB Bank witnessed a significant jump at market opening today, following the disclosure of a potential $10 million investment from the Aga Khan Fund for Economic Development (AKFED). The investment aims to bolster the bank’s capital adequacy in compliance with regulatory norms. The Mumbai-based private sector bank reported a...

Australia’s central bank holds rates steady but retains hiking bias By Reuters
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Australia’s central bank holds rates steady but retains hiking bias By Reuters

© Reuters. FILE PHOTO: Two women walk next to the Reserve Bank of Australia headquarters in central Sydney, Australia February 6, 2018. REUTERS/Daniel Munoz/File Photo SYDNEY (Reuters) – Australia’s central bank held interest rates steady on Tuesday as expected, buying it more time to assess the state of the economy and to determine whether further...

Earnings call: National Bank of Canada reports solid Q4 performance, optimistic for 2024 By Investing.com
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Earnings call: National Bank of Canada reports solid Q4 performance, optimistic for 2024 By Investing.com

© Reuters. The National Bank of Canada (OTC:) reported robust earnings per share of $2.44 for Q4 2023 and $9.60 for the full year, marking a 7% growth in pre-tax pre-provision earnings compared to the previous year. Despite a contracting Canadian economy, the bank’s diversified business mix, disciplined approach to credit, capital, and cost management,...

Bank of Montreal’s quarterly profit falls on higher rainy-day funds By Reuters
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Bank of Montreal’s quarterly profit falls on higher rainy-day funds By Reuters

© Reuters. FILE PHOTO: A sign for the Bank of Montreal in Toronto, Ontario, Canada December 13, 2021. REUTERS/Carlos Osorio/File Photo (Reuters) – Bank of Montreal reported a fall in its fourth-quarter profit on Friday, as higher provisions for potential credit defaults offset gains from a rise in its interest income. The lender built up...

Italy’s competition body stops Intesa moving clients to mobile bank By Reuters
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Italy’s competition body stops Intesa moving clients to mobile bank By Reuters

© Reuters. FILE PHOTO: Intesa Sanpaolo bank logo and stock graph are seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration ROME (Reuters) -Italy’s competition authority on Thursday said it had told the country’s biggest bank Intesa Sanpaolo (OTC:) to halt the proposed transfer of 2.4 million customers to its new mobile-only service...

Bank of Korea extends rate pause, lifts inflation forecasts By Reuters
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Bank of Korea extends rate pause, lifts inflation forecasts By Reuters

© Reuters. The logo of the Bank of Korea is seen in Seoul, South Korea, November 30, 2017. REUTERS/Kim Hong-Ji/File Photo By Cynthia Kim and Jihoon Lee SEOUL (Reuters) – South Korea’s central bank kept its benchmark interest rate unchanged again on Thursday as global uncertainty and resistance to higher borrowing costs outweighed concerns around...