Banks European banks earnings to show impact of external factors Aya El Sayed Jul 22, 2024 0 This week, Europe’s largest banks will announce their second-quarter earnings, focusing on whether gains from…
Featured Deutsche bank faces profit risk amid Postbank lawsuit Aya El Sayed Jul 16, 2024 0 Deutsche Bank is expected to report a loss for the second quarter, breaking a 15-quarter streak of profitability,…
Energy Germany’s power grids need €300b for decarbonisation – KfW Aya El Sayed Jul 9, 2024 0 Germany needs approximately 300 billion euros ($325 billion) in investments by mid-century to modernise its power…
Featured Sterling gains on weak dollar, UK services growth Aya El Sayed Jul 3, 2024 0 The pound strengthened on Wednesday, capitalising on a weakening dollar and a UK services sector report indicating…
Money UBS expands ME wealth management team with 10 hires Aya El Sayed Jun 25, 2024 0 UBS announced on Tuesday the strengthening of its wealth management team in the Middle East with the addition of 10…
unclassified Deutsche Bank sets highest S&P 500 year-end target at 5,500 Aya El Sayed May 20, 2024 0 Deutsche Bank has increased its year-end S&P 500 target for 2024 to 5,500, the highest among major brokerages,…
Featured Western banks hand €800m tax to Kremlin in ’23 Aya El Sayed Apr 29, 2024 0 The seven largest European banks in Russia paid over €800 million in taxes in 2023 despite pledges to reduce their…
Featured European shares peak as inflation, fed Policy loom Aya El Sayed Apr 29, 2024 0 European shares reached a two-week peak on Monday, building on last week’s robust gains, as investors anticipate…
Featured Deutsche bank shares drop 5.5% following Postbank news Aya El Sayed Apr 29, 2024 0 Deutsche Bank shares fell by 5.5 per cent in early trading on Monday following news of a longstanding lawsuit that…
Featured European shares rise as investors await bank earnings reports Aya El Sayed Apr 22, 2024 0 European shares saw a slight increase on Monday, with the STOXX 600 index rising by 0.2 per cent by 0828 GMT,…