Deutsche Bank has named Oliver Jerome as head of European foreign exchange in London as the lender boosts its forex desks, according to a note sent internally.
The Swiss National Bank remains sceptical about buying bitcoins, Chairman Thomas Jordan said on Friday, despite calls from campaigners to change Swiss law and allow cyptocurrencies to be added to its currency reserves.
Russia’s central bank on Friday said it would raise risk premiums on unsecured consumer loans from July 1 in an effort to reduce citizens’ debt burdens and increase stability in the banking sector should consumer loan losses increase.
Bankinter said on Friday it was applying for a full Irish banking licence and entering the deposit market as part of the Spanish bank’s strategy to diversify under CEO Gloria Ortiz.
Baloise shareholders voted to scrap a 2% ceiling on voting rights on Friday, opening the Swiss insurer up to future takeovers and dealing a blow to its board, which had opposed the move.
Nomura Holdings , Japan’s biggest brokerage and investment bank, reported on Friday a 670% jump in quarterly net profit compared to a year earlier as its retail and investment banking income rose to their highest levels in eight years.
CITIC Securities Co , , China’s biggest brokerage, reported on Friday that first-quarter net profit fell 8.5%, hit by the sluggish investment banking environment.
British bank NatWest’s first-quarter profit fell by a less than expected 27%, it said on Friday, having weathered a sector-wide squeeze on income from increased competition for savings, lending and mortgage products over the past year.
Shares of Bajaj Finance fell the most in 16 months on Friday after the Indian non-bank lender forecast slower asset rise and weaker margins, leading to concerns over profit growth.
