08.05.2013
HSBC Holdings Plc stated that its first quarter profits beat estimates, as the last doubled and debts and costs declined. The Bank said in an official statement that they have strengthened their capital position and remain one of the best-capitalized banks in the world, allowing them both to invest in organic growth and grow dividends. HSBC’s pretax profit rose from $4.32 in 2012 to $8.43 this year, ... More
International, Markets - May 5 2013 00:48 AM
BNP Paribas SA reported a decline in its first quarter of the year’s profits. France’s largest bank’s net income fell to 1.58 billion Euros compared to 2.78 billion Euros last year. Analysts estimated an average ... More
Business, Economy - May 1 2013 06:40 AM
Pressure has been increasing on the European Central Bank to cut interest rates to increase growth due to a grave inflation and record unemployment in the European continent. According to the European Union’s statistics office in Luxembourg the annual ... More
International, Markets - Apr 24 2013 23:03 PM
Barclays Plc. reported its first quarterly results in which they succeeded to achieve a better than expected profit. These positive profits came as a result from gains in investment banking ... More
Markets, Regional (Loans) - Apr 7 2013 23:05 PM
Saudi Arabian shares dropped as petrochemical companies and banks dropped in correlation with the U.S. market, which generated less than estimated output in employment data. The drop was associated ... More
Regional (Loans) - Feb 19 2013 00:33 AM
According to Gulf News, HSBC Bank will be closing accounts for additional customers, as the segment increased from Syrian customers to Sudanese and Iranian accounts as well. The Bank confirmed ... More
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