Topics: Banking Industry
ASR Divests Knab to Bawag Group for €590 Million
ASR's strategic sale of Knab to Bawag Group marks a €590 million deal, with €100 million allocated for share repurchase to boost shareholder value.
ASR\'s strategic sale of Knab to Bawag Group marks a €590 million deal, with €100 million allocated for share repurchase to boost shareholder value.
Read moreUBS’s Asset Management Launches First Tokenized Investment Fund
UBS Asset Management has launched its inaugural tokenized investment fund, highlighting a significant trend in the evolving financial landscape.
UBS Asset Management has launched its inaugural tokenized investment fund, highlighting a significant trend in the evolving financial landscape.
Read moreSwiss National Bank Reports CHF62.5 Billion Profit
The Swiss National Bank (SNB) has generated a remarkable CHF62.5 billion profit in the first nine months of this year, reflecting robust financial performance.
The Swiss National Bank (SNB) has generated a remarkable CHF62.5 billion profit in the first nine months of this year, reflecting robust financial performance.
Read moreUBS Achieves Billion-Franc Profit, Exceeds Expectations
Swiss bank UBS reports a billion-franc profit in Q3 2024, surpassing market expectations while advancing the Credit Suisse integration efforts.
Swiss bank UBS reports a billion-franc profit in Q3 2024, surpassing market expectations while advancing the Credit Suisse integration efforts.
Read moreOnline Lending Market Declines in Switzerland
Explore the reasons behind the shrinking online lending market in Switzerland and its impact on borrowers and financial institutions.
Explore the reasons behind the shrinking online lending market in Switzerland and its impact on borrowers and financial institutions.
Read moreSantander Launches Digital Bank in the U.S.
Santander launches Openbank in the U.S. to enhance growth, focusing on deposit generation to support its auto lending strategy. Explore the details.
Santander launches Openbank in the U.S. to enhance growth, focusing on deposit generation to support its auto lending strategy. Explore the details.
Read moreAtlantic Union Bank Acquires Sandy Spring for $1.6B
Atlantic Union Bank's $1.6B deal expands its presence in the D.C. area, adding 53 branches and doubling its wealth management services.
Atlantic Union Bank\'s $1.6B deal expands its presence in the D.C. area, adding 53 branches and doubling its wealth management services.
Read moreDigital Banks in Spain Surpass 5 Million Customers
Explore the rise of digital banks in Spain as they reach over five million customers, reshaping the banking experience and driving innovation.
Explore the rise of digital banks in Spain as they reach over five million customers, reshaping the banking experience and driving innovation.
Read moreHSBC Accepts Overseas Credit History for UK Mortgages
Discover how HSBC's new service allows international credit histories to secure UK mortgages, simplifying property ownership for global customers.
Discover how HSBC\'s new service allows international credit histories to secure UK mortgages, simplifying property ownership for global customers.
Read moreAmerican Express to Acquire UBS’s Swisscard Stake
American Express plans to acquire UBS's 50% stake in Swisscard, strengthening its foothold in the credit card market.
American Express plans to acquire UBS\'s 50% stake in Swisscard, strengthening its foothold in the credit card market.
Read moreCredit Union Deal Records: Banking Industry Trends Unveiled
Delve into the latest banking industry trends as credit union deals hit record highs. Analyze the impact on the financial sector and future outlook.
Delve into the latest banking industry trends as credit union deals hit record highs. Analyze the impact on the financial sector and future outlook.
Read moreMorgan Stanley Profit Surges Amid Dealmaking Boom
Morgan Stanley's profit exceeds forecasts, fueled by a surge in dealmaking. Shares reach record highs. Explore the latest insights and analysis.
Morgan Stanley\'s profit exceeds forecasts, fueled by a surge in dealmaking. Shares reach record highs. Explore the latest insights and analysis.
Read moreGoldman Sachs Profits Surge 45% Year Over Year: Analysis
Explore the factors behind Goldman Sachs' impressive 45% profit growth year over year and its implications for the financial sector.
Explore the factors behind Goldman Sachs\' impressive 45% profit growth year over year and its implications for the financial sector.
Read moreBanking industry trends: Big Banks Set to Raise Billions in Bond Issuance
Major Wall Street banks prepare for $20-$24 billion in bond issuance, capitalizing on low credit spreads post-earnings.
Major Wall Street banks prepare for $20-$24 billion in bond issuance, capitalizing on low credit spreads post-earnings.
Read moreJPMorgan Chase Shares Surge 5% After Q3 Profit Beat
JPMorgan Chase (JPM.N) saw shares rise nearly 5% following a strong Q3 profit, driven by investment banking gains and higher interest payments.
JPMorgan Chase (JPM.N) saw shares rise nearly 5% following a strong Q3 profit, driven by investment banking gains and higher interest payments.
Read moreNational Bank of Greece Partners with Qualco to Enter Real Estate Market
National Bank of Greece (NBG) teams up with Qualco to launch a platform for property search and financing, transforming the real estate landscape.
National Bank of Greece (NBG) teams up with Qualco to launch a platform for property search and financing, transforming the real estate landscape.
Read moreDeutsche Pfandbriefbank AG Cuts US Loans Amid Crisis
Deutsche Pfandbriefbank AG reduces office and US loans, scrapping dividends and setting aside funds to brace for potential defaults.
Deutsche Pfandbriefbank AG reduces office and US loans, scrapping dividends and setting aside funds to brace for potential defaults.
Read moreSwiss National Bank Interest Rate Cuts Halve 10-Year Mortgage Costs
Discover how the Swiss National Bank (SNB)'s rate cuts have significantly reduced 10-year fixed mortgage costs, as revealed by Comparis.
Discover how the Swiss National Bank (SNB)\'s rate cuts have significantly reduced 10-year fixed mortgage costs, as revealed by Comparis.
Read moreItaly’s Banca Sella: First European Bank to Launch QR Code
Discover how Italy’s Banca Sella pioneers QR code technology, setting a new standard for banking innovation in Europe.
Discover how Italy’s Banca Sella pioneers QR code technology, setting a new standard for banking innovation in Europe.
Read moreMultitude Bank Acquires Majority Stake in Lea Bank
Multitude Bank, based in Malta, acquires a 9.9% stake in Norway's Lea Bank, establishing itself as a majority shareholder in the digital banking sector.
Multitude Bank, based in Malta, acquires a 9.9% stake in Norway\'s Lea Bank, establishing itself as a majority shareholder in the digital banking sector.
Read moreGoldman Sachs Acquires 6.7% Stake in UniCredit
Goldman Sachs holds derivative positions in UniCredit, equivalent to a 6.7% stake, primarily through swaps and options, as revealed in a filing.
Goldman Sachs holds derivative positions in UniCredit, equivalent to a 6.7% stake, primarily through swaps and options, as revealed in a filing.
Read moreEuropean Investment Bank Proposes Funding Boost for Innovative Start-Ups
The European Investment Bank (EIB) aims to close the funding gap for start-ups in Europe, enhancing support for venture capital and private equity markets.
The European Investment Bank (EIB) aims to close the funding gap for start-ups in Europe, enhancing support for venture capital and private equity markets.
Read moreEuropean Investment Bank Hits €100bn in Climate Bonds: A Milestone in Finance
Discover how the European Investment Bank (EIB)'s €100bn achievement in climate bonds marks a turning point for sustainable finance, celebrated at the Luxembourg Stock Exchange.
Discover how the European Investment Bank (EIB)\'s €100bn achievement in climate bonds marks a turning point for sustainable finance, celebrated at the Luxembourg Stock Exchange.
Read moreLuxembourg Banks Achieve Record €3.1bn Profit in Q2 2024
Luxembourg banks report a historic €3.1bn profit in Q2 2024, highlighting robust financial growth and resilience in a changing market.
Luxembourg banks report a historic €3.1bn profit in Q2 2024, highlighting robust financial growth and resilience in a changing market.
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