Deutsche Bank AG: Deutsche Bank reports net income of EUR 5.0 billion for the year 2009. 04.02.2010 In detail
Sberbank: Sberbank releases 12M 2009 Financial Highlights (under RAS). Operating income before provisions grew 30.2% y-o-y to RUB647.2 bn. Net interest income, which increased by 36.4% y-o-y to RUB456.8 bn, was the driver of this growth. 30.01.2010 In detail
Citigroup Inc.: Citigroup today reported a full year 2009 net loss of $1.6 billion. Managed revenues were $91.1 billion for the year. The fourth quarter 2009 net loss was $7.6 billion. 20.01.2010 In detail
Bank of New York Mellon: The corporation today reported fourth quarter income from continuing operations applicable to common shareholders of $712 million, compared with $50 million in the fourth quarter of 2008 and a loss of $2.439 billion in the third quarter of 2009. 20.01.2010 In detail
JP Morgan Chase: JPMorgan today reported fourth-quarter 2009 net income of $3.3 billion, compared with net income of $702 million in the fourth quarter of 2008. For the full year of 2009, net income was $11.7 billion, up from $5.6 billion in 2008. 15.01.2010 In detail
Scotiabank: The Dubai International Financial Centre (DIFC) today announced that Scotiabank, one of North America's leading financial institutions, has received a license from the Dubai Financial
Services Authority (DFSA) to operate within the financial district. 29.12.2009 In detail
Industrial and Commercial Bank of China (ICBC): ICBC was celebrated as the «Best Corporate Citizen 2009» during the «China's Corporate Citizenship Forum 2009 & 6th China's Best Corporate Citizenship Award Ceremony» organized by 21st Century Business Herald and 21st Century Business Review. 21.12.2009 In detail
Financial News
Six more US banks have been shut down - 06.12.2009 Six more banks failed based on FDIC data on December 4, including Greater Atlantic Bank, Benchmark Bank, AmTrust Bank, The Tattnall Bank, First Security National Bank and The Buckhead Community Bank. The latest collapses bring the bank failure tally to 130 for the year. Source: Financial News
Banks of Armenia have overcome the economic downturn with minimal losses - 17.11.2009 Armenia and Russia have overcome the economic downturn with minimal losses, says the Chairman of the Board of Directors of Ameriabank and Troika Dialog Group of Companies, Mr. Ruben Vardanian after the grand opening of Ameriabank's head office in Yerevan. Source: REGNUM
American several times robbed the same bank in Florida - 05.11.2009 The man, who has made no effort to disguise himself, has robbed this same bank three times this year, including Saturday. And he remains unidentified. Source: CNN
Banks in Florida, Georgia, Illinois, Minnesota and Wisconsin were shuttered - 24.10.2009 The tally of bank failures easily broke past the No. 100 milestone on Friday night, with regulators announcing the year's 106th closure. That's more than four times the number that were closed in 2008, and the highest total since 1992, when 181 banks failed. Source: CNN Money
Russia drops $22.5bn BNY Mellon lawsuit - 23.10.2009 Russia dropped a $22.5 billion lawsuit Thursday against Bank of New York Mellon after the company agreed to pay $14 million to settle a decade-old money-laundering case involving one of its former executives. Source: Associated Press
Morgan Stanley sells loss-making division - 21.10.2009 Morgan Stanley has struck a deal with investment manager Invesco which will see the US bank sell its retail asset management business for $1.5 billion in stock and cash. Source: Financemarkets.co.uk
