European banks see Q4 profit surge, ’25 outlook wobbles
European banks are set to post strong fourth-quarter 2024 profits, fuelled by robust lending margins and investment…
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BNP Paribas
IFC invests $40m in China’s green finance
The International Finance Corporation (IFC) has made a strategic equity investment of approximately $40 million in…
BNP Paribas trims China workforce amid fee plunge
French banking giant BNP Paribas joined the growing list of global banks reducing their headcount in China.
BNP Paribas signs deal to acquire HSBC’s German private banking unit
BNP Paribas announced on Monday it had signed an agreement to acquire HSBC's private banking activities in Germany.
European shares rebound after French election upset
European shares rebounded on Monday, overcoming initial losses following France's surprising election results,…
Foreign lenders eye Swiss market post UBS-Credit Suisse deal
As Credit Suisse fades into history following its takeover by UBS, global banks are expanding their presence in…
Global banks target carbon emissions in real estate loans
Loans to commercial real estate at major banks face new tests due to carbon emissions and green regulations, as…
EU funds body backs capital market union plan
The European Fund and Asset Management Association (EFAMA), representing Europe’s €28.5 trillion investment…
Morocco’s OCP initiates roadshow for international bond
Moroccan phosphate and fertilizer producer OCP has initiated an investor roadshow for an international bond, aiming…
European shares rise as investors await bank earnings reports
European shares saw a slight increase on Monday, with the STOXX 600 index rising by 0.2 per cent by 0828 GMT,…