Tag #Banking

Showing 37 to 48 of 216 results

sueddeutsche.de
🌐 85% Global Worthiness
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Commerzbank Shareholders Reject Unicredit Takeover Bid

Commerzbank's shareholders and employees strongly protested Unicredit's potential takeover bid at their annual meeting in Wiesbaden, Germany, with concerns over job losses and the bank's future; Unicredit's CEO stated they could wait until 2027 to decide, contingent on the German government's stance...

Progress

52% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 85% Global Worthiness
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CBA Reports $2.6 Billion Profit Amidst Global Economic Uncertainty

Commonwealth Bank of Australia (CBA) announced a $2.6 billion profit in the March quarter, a 6 percent increase year-on-year, despite rising loan arrears and global economic uncertainties; CEO Matt Comyn highlighted government investment and moderating inflation as key factors supporting Australia's...

Progress

40% Bias Score

Decent Work and Economic Growth
cbsnews.com
🌐 75% Global Worthiness
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CD Interest Rate Forecast: Stable or Slight Decrease in May 2025

Experts predict CD interest rates will either remain stable or slightly decrease in May 2025, largely due to anticipated future Federal Reserve rate cuts and the current economic uncertainty; however, shorter-term CDs currently offer higher rates.

Progress

40% Bias Score

Reduced Inequality
news.sky.com
🌐 75% Global Worthiness
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TikTok DJ's Success, Low Mortgages, and Revolut's Mobile Plans

DJ AG's TikTok livestream generates thousands monthly, Nationwide offers sub-4% mortgages for first-time buyers, and Revolut launches mobile phone plans in the UK and Germany.

Progress

44% Bias Score

Decent Work and Economic Growth
nrc.nl
🌐 75% Global Worthiness
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ING Q1 2023 Profit Exceeds Expectations; €2 Billion Share Buyback Announced

ING, the Netherlands' largest bank, reported Q1 2023 profits of nearly €1.5 billion, exceeding analyst expectations despite an 8% year-on-year decrease; a €2 billion share buyback program was announced to optimize capital allocation and enhance shareholder returns.

Progress

44% Bias Score

Decent Work and Economic Growth
elmundo.es
🌐 75% Global Worthiness
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CaixaBank Q1 2025 Profit Up 46.2%, but Stock Price Falls

CaixaBank announced a €1.470 billion Q1 2025 profit, a 46.2% increase year-on-year (6.9% adjusted for the new bank tax), driven by strong loan growth (62% increase in mortgages) and increased customer resources (8.5% rise); however, the bank's stock price fell 5.5% following the announcement.

Progress

44% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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OCC Letter Removes Banking Barriers for Crypto Companies

The OCC's Interpretative Letter 1184 clarifies that national banks can engage in crypto-asset activities without prior approval, ending a years-long struggle for crypto companies to obtain banking services and potentially boosting domestic competition and innovation.

Progress

44% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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SMBC Acquires 20% Stake in Yes Bank for $1.6 Billion

Sumitomo Mitsui Banking Corp. (SMBC) is buying a 20% stake in Yes Bank for $1.6 billion, becoming the largest shareholder and expanding its presence in India's financial market.

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36% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Market Strategists Offer Diverging Views on TSX and Oil

BMO recommends quality and dividend growth stocks for TSX; RBC lowers Q2 2025 bank profit estimates due to higher performing PCLs; Scotiabank remains bearish on oil prices for the next 12-18 months.

Progress

40% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 75% Global Worthiness
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Westpac CEO Welcomes Labor's Win, Highlights Banking Sector Challenges

Westpac CEO Anthony Miller lauded Australia's improved economic stability under the Labor government, contrasting it with the instability caused by Trump's trade policies, while acknowledging the challenges facing the banking sector due to increased competition and higher interest rates.

Progress

60% Bias Score

Decent Work and Economic Growth
nos.nl
🌐 75% Global Worthiness
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ING Profit Down 8% Amidst Lower Interest Rates, Cautious Corporate Spending

ING's first-quarter profit fell 8 percent to €1.45 billion due to lower interest income from ECB rate cuts, while large corporate clients show investment caution amid the US trade war; the bank is exploring stablecoins.

Progress

44% Bias Score

Decent Work and Economic Growth
elmundo.es
🌐 75% Global Worthiness
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BBVA Q1 2025 Profit Up 22.7% to €2.698 Billion

BBVA's first-quarter 2025 profit increased by 22.7% to €2.698 billion, driven by improved business activity, despite a decrease in net interest margins; total revenue reached €9.324 billion, and the bank acquired 2.9 million new customers.

Progress

52% Bias Score

Decent Work and Economic Growth

Showing 37 to 48 of 216 results