Finance
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Finance
French banks want state to guarantee 2027 election loans, incoming lobby chief says
French banks need state guarantees for presidential campaign loans, the incoming head of the banking lobby said, as far-right leader Marine Le Pen seeks funding for her 2027 bid a...
Finance
Swiss National Bank posts big Q2 profit, thanks to share market rally
The Swiss National Bank on Friday reported a large increase in quarterly profit, thanks to rising equity markets, which compensated for a plunge in the price of gold.
Finance
Credit Agricole tops Q2 forecasts, dismisses Monte Paschi-Banco BPM tie-up talk
France's Credit Agricole posted better-than-expected second-quarter earnings on Friday, driven by growth across its retail, asset management and investment banking businesses, wh...
Finance
Morning Bid: Yen sinks as BOJ holds - and it's the KOSPI's best day
A look at the day ahead in European and global markets from Gregor Stuart Hunter
Finance
Rare Japan-Korea joint intervention shakes up yen and won
Sources described it as a rare and unprecedented coordinated market intervention.
Finance
Crypto exchange Coinbase logs third straight quarterly loss on trading slowdown
Coinbase Global posted a third straight quarterly loss on Thursday as a prolonged downturn in cryptocurrency markets dented its trading volumes, sending the digital-asset exchange...
Finance
Worldline cuts revenue growth forecast as bank contract delays slow recovery
French digital payments group Worldline lowered its 2026 revenue growth expectations on Thursday, saying a recovery in new business had taken longer than expected as banks delayed...
Finance
European earnings growth estimate rises to 20.8% as energy profits surge
Estimates for European blue-chip companies' second-quarter earnings have risen further, with profit growth now expected at 20.8% from a year earlier, although much of the increas...
Finance
German minister urges faster AI self-sufficiency after OpenAI test breach
Germany's digital minister urged Europe on Thursday to speed up efforts to build its own AI industry after an OpenAI security test showed an AI agent breaching another system, rai...
Finance
Base metals traders on the move as battle for talent intensifies
Senior base metals traders are being lured to new jobs as demand for their expertise rises amid supply-chain disruptions and soaring investment in metals-intensive data centres, s...
Finance
Major central banks steer a cautious hiking path
The bond market selloff after this week's Federal Reserve meeting highlights the challenge policymakers face as they grapple with what higher energy prices and the uncertain conseq...
Finance
ING favours bolt-on acquisitions over bigger deals as it seeks to unify offering
Amsterdam-based bank ING is focused on "filling in the blanks" in its products and markets through organic growth and bolt-on acquisitions, rather than pursuing large-scale deals,...
Finance
Blue Owl's second-quarter profit rises, AUM reaches $319 billion
Alternative asset manager Blue Owl posted a higher second-quarter profit on Thursday, driven by its fee-related earnings and growth in assets under management to $319 billion.
Finance
Italy's Fineco sales jump 35% in first half, boosting full-year view
Italian digital bank Fineco on Thursday reported a nearly 35% rise in its half-year net sales to €8.9 billion ($10.2 billion), boosted by a sharp increase in new customers, and s...
Finance
Lloyds reports first-half profit up 23%, outlines AI-driven cost-cutting plans
Lloyds Banking Group reported a better than expected statutory pretax profit of £4.3 billion for the first half of 2026, as CEO Charlie Nunn also outlined the lender's next plan t...
Finance
ING hikes 2026, 2027 guidance after quarterly profit beats expectations
Dutch lender ING on Thursday raised its full-year total income guidance to more than 24.5 billion euros ($28.0 billion) after reporting second-quarter profit that beat market exp...
Finance
BBVA's Q2 net profit rises 11.4% thanks to Mexico
Spain's BBVA on Thursday said its second-quarter net profit rose 11.4% year-on-year thanks to a solid performance in Mexico, its main market, and overall higher lending income.
Finance
Amundi beats estimates with Q2 net inflows, profit jumps 29%
Amundi on Thursday reported net inflows of €24.4 billion in the second quarter, double forecasts, and posted record quarterly earnings as Europe's largest fund manager benefited f...
Finance