Ruxandra Iordache

The Archive

UBS on Wednesday beat bottom line expectations as the lender seeks to rein in steep share declines that have cost it the crown of continental Europe's largest bank amid sweeping U.S

April 30, 2025 | 12:53AM

Swiss giant UBS posts profit beat, warns of 'material risk' to global growth from U.S. tariffs tariffs
German banks stand to benefit as the country's political environment settles under the potential stewardship of a centrist coalition

April 29, 2025 | 01:12AM

Deutsche Bank posts 39% jump in first-quarter profit, above expectations
Santander and UBS' shares have diverged over recent months, with the Swiss lender shedding 17.2% in the year to date, while Santander has gained nearly 35%

April 17, 2025 | 05:52AM

UBS loses crown as continental Europe's most valuable bank to Santander amid U.S. tariffs
The British unit of Spanish lender Santander on Wednesday said 750 of its staff were at risk of redundancy as it targets 95 branch closures in the U.K

March 19, 2025 | 03:32AM

Santander says 750 jobs at risk as it pursues UK branch closures
British bank Barclays posted a rise in full-year pre-tax profit that came in just ahead of analyst expectations, while also launching a £1 billion share buyback

February 13, 2025 | 03:24AM

British bank Barclays posts 2024 pretax profit hike, launches £1 billion share buyback
Commerzbank announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a spate of new strategic targets

February 13, 2025 | 02:50AM

Germany's second-largest lender Commerzbank to cut 3,900 jobs as it unveils new targets
Italy's second-largest lender UniCredit on Tuesday posted a fourth-quarter profit beat, raising shareholder returns amid market focus on the bank's M&A overtures

February 11, 2025 | 02:25AM

Italy's UniCredit posts fourth-quarter profit beat, raises shareholder returns
UBS revealed plans for up to $3 billion of share repurchases over the course of 2025

February 04, 2025 | 01:58AM

Swiss giant UBS posts $770 million in net profit, launches $1 billion share buyback in first half
Commerzbank on Friday unexpectedly released quarterly results, touting "record" annual profit and announcing a new share buyback scheme

January 31, 2025 | 09:40AM

Commerzbank posts 20% hike in annual profit and launches new share buyback as it wards off UniCredit
Deutsche Bank posts steeper-than-expected Q4 profit fall and scraps cost target

January 30, 2025 | 02:05AM

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