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Tag Archive | "earnings"

Royal Bank of Scotland axes 1,400 more jobs

Thursday, May 16, 2013

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People walk past the Royal Bank of Scotland building in London, on January 30, 2012

State-rescued Royal Bank of Scotland axed 1,400 more positions on Thursday, taking the total number of job losses close to 40,000 since its vast state bailout at the height of the global financial crisis.

Australia’s NAB half-year profits up 23%

Thursday, May 9, 2013

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People walk past National Australia Bank (NAB) signs in Brisbane on December 5, 2011

National Australia Bank posted a 22.8 percent spike in first-half net profit Thursday on the back of higher revenue from personal and wholesale banking, a result that met expectations.

Australia’s NAB half-year profits up 23%

Wednesday, May 8, 2013

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National Australia Bank posted a 22.8 percent jump in first-half net profit

National Australia Bank posted a 22.8 percent jump in first-half net profit Thursday on the back of higher revenue from personal and wholesale banking.

UK supermarket Sainsbury’s posts rising profits

Wednesday, May 8, 2013

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A branch of Sainsbury's supermarket pictured in west London on February 6, 2007

British supermarket chain Sainsbury's on Wednesday announced a rise in annual profits and said it was taking full control of the group's banking unit after buying the stake held by bailed-out Lloyds Banking Group.

Cleaned-up Credit Agricole bank reports profit leap

Tuesday, May 7, 2013

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French bank Credit Agricole, is pictured at the Entrepreneurs Fair in Paris on February 6, 2013

French bank Credit Agricole SA raised net profit by more than half in the first quarter, it said on Tuesday, noting that it had cleaned up its balance sheet at the end of last year.

Societe Generale profits drop 50% in first quarter

Tuesday, May 7, 2013

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The headquarters of French banking giant Societe Generale in La Defense, outside Paris

French banking giant Societe Generale said on Tuesday it planned to cut costs by 900 million euros ($1.2 billion) by 2015 after announcing a 50-percent drop in first-quarter profits.

BNP Paribas posts profit slump

Friday, May 3, 2013

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BNP Paribas has undergone a major restructuring to meet capitalisation rules

The biggest French bank, BNP Paribas, on Friday said net profit slid by 44.8 percent in the first quarter hit by poor investment bank revenue and a sluggish economy in Europe.

UBS sees net profit slip, but beats expectations

Tuesday, April 30, 2013

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UBS is Switzerland's largest bank and its headquarters are based in Zurich

Swiss banking giant UBS reported Tuesday a slight drop in its first quarter net profit, but nonetheless easily beat market expectations due to an influx of fresh cash.

Australia’s ANZ bank posts $3 billion H1 profit

Tuesday, April 30, 2013

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ANZ bank has reported a half-year net profit of US$3.04 billion

Australia and New Zealand Banking Group on Tuesday reported half-year net profit of Aus$2.94 billion (US$3.04 billion) aided by a strong Asian showing.

Heineken Q1 profits up but less than expected

Wednesday, April 24, 2013

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Bottles of Heineken beer are pictured at the Tribeca Film Festival After Party in New York on April 22, 2013

Dutch brewer Heineken announced Wednesday a first quarter profit that was 36 percent higher on an annualised basis at 227 euros ($295 million), while amending its 2013 growth outlook to reflect weaker demand in Europe and Nigeria.

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