Bank Results

  • European IBs look to loosen purse strings

    European IBs look to loosen purse strings

    After several quarters of strong performance among European investment banking businesses, there are signs that firms are satisfied with cost cutting measures and are prepared to resume investment instead.

  • UBS grows IB fees without committing more capital

    UBS grows IB fees without committing more capital

    UBS opened the European bank earnings season on Tuesday with a strong set of results from its M&A and capital markets businesses, which CEO Ralph Hamers seized as an opportunity to play up the importance of talented bankers over the generous application of balance sheet.

  • M&A bolsters IB revenues for US banks

    M&A bolsters IB revenues for US banks

    US investment banks enjoyed a boost in earnings from their M&A bankers in the past quarter as a flurry of deal making made up for a return to more normal levels of debt issuance and trading.

  • Commerzbank turns profit, focuses on Germany

    Commerzbank turns profit, focuses on Germany

    Commerzbank has outperformed expectations by reporting a net profit in the first quarter of the year — even accounting for a large restructuring charge — as the German lender trims its workforce and sharpens its focus on the domestic market and German clients.

  • Syndicated loans, bonds boost Cred Ag earnings

    Syndicated loans, bonds boost Cred Ag earnings

    Crédit Agricole emphasised high levels of activity in syndicated loans and fixed income, especially among French clients, as it revealed a strong set of quarterly earnings on Friday.

  • Equities, asset finance propel SG earnings

    Equities, asset finance propel SG earnings

    Société Générale posted impressive earnings on Thursday. Like other banks, it had hyperactivity in equities to thank in part for the robust quarter, though the French firm also pointed to a boom in energy, infrastructure and other asset-based financing activities.

  • Machenil fields prime brokerage queries on BNPP call

    Machenil fields prime brokerage queries on BNPP call

    BNP Paribas announced strong quarterly earnings last week, bolstered, like many banks, by activity in equities. But some analysts were more interested in the French firm’s acquisition of Deutsche Bank’s prime brokerage unit, in the wake of the Archegos Capital affair.

  • Barclays almost quadruples ECM revenues

    Barclays almost quadruples ECM revenues

    Barclays announced pre-tax profits of £2.4bn on Friday, beating expectations thanks in part to its best ever quarter in equities, including derivatives and equity capital markets.

  • NatWest beats expectations but markets revenues ‘normalise’

    NatWest beats expectations but markets revenues ‘normalise’

    NatWest Group recorded a loss at its investment bank on Thursday, after climbing down from the dizzying heights of last year’s first quarter profits. The weaker numbers weighed on the performance of the group, but the bank still managed to breeze past market expectations.

Bank Results News Archive