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October 19 U.S. regulators closed Excel Bank, Missouri, bringing the total number of closures this year to 46 (2011 - 92, 2010 - 157, 2009 - 140).

October 16 Vikram Pandit stepping down as Citigroup CEO, bank names executive Michael Corbat as new chief.

October 15 JPMorgan reported record net income of $5.7 billion for third quarter 2012, up from $4.3 billion for third quarter of 2011.

October 12, 2012 Wells Fargo reported record net income of $4.9 billion for third quarter 2012, up from $4.1 billion for third quarter 2011.

October 9, 2012 Barclays Bank PLC to acquire ING Direct UK.

September 19, 2012 Russia raises US$ 5.1 billion in Sberbank share sale.

September 6, 2012 Sweden's central bank has cut its key interest rate by 25 basis points to 1.25%.

September 3, 2012 Swedish lender Handelsbanken pulls out of Russia.

August 30, 2012 Sberbank of Russia reported net profit of $5.41 billion in the first half of 2012.

August 8, 2012 Mortgage giant Fannie Mae reports second quarter 2012 net income of $5.1 billion, compared with a net loss of $2.9 billion in 2Q 2011.

August 8, 2012 Dutch banking giant ING posts 2Q12 underlying net profit of €1,045 million.

August 3, 2012 French global banking group BNP Paribas reports second quarter 2012 net income of €1,848 million.

July 5, 2012 The European Central Bank (ECB) has cut its key interest rate by a quarter percentage point to a record low of 0.75 percent.

June 14, 2012 Spanish banks borrowed a new record high of €324.6 billion from the ECB in May, up from €316.9 billion in April.

June 12, 2012 Fitch cuts 18 Spanish banks after sovereign downgrade.

June 8, 2012 Sberbank of Russia announces agreement to acquire 99.85 percent of DenizBank, a Turkish subsidiary of the struggling French-Belgian lender Dexia.

April 22, 2012 Eleven Swiss banks are under investigation by the United States for aiding U.S. citizens suspected of dodging taxes.

April 19, 2012 Bank of America reports first quarter 2012 net income of US$ 653 million, compared to US$ 2,049 million in the first quarter 2011.

April 17, 2012 Citigroup Inc. reports first quarter 2012 net income of US$ 2,931 million, compared to US$ 2,999 million in the first quarter 2011.

March 28, 2012 Sberbank of Russia registered net profit of RUB 315.9 billion (approx. US$ 10.8 billion) in 2011, an increase of 74% from a year earlier.

March 16, 2012 SWIFT on Saturday, March 17 at 16:00 GMT will cut off Iranian banks blacklisted by the European Union in an attempt to further strangle Tehran's ability to finance a nuclear program.

March 14, 2012 Greece's Alpha Bank will propose pulling out of a planned merger with Eurobank EFG because of the impact of the country's bond swap deal on the banks.

March 14, 2012 Lloyds and Royal Bank of Scotland announce 1,900 job cuts. Since the crisis, RBS has cut 34,000 jobs while Lloyds has cut around 30,000.

March 13, 2012 La Caixa, Spain's largest savings bank, is set to announce a merger with smaller rival Banca Civica.

February 27, 2012 HSBC, Europe's largest bank, registered attributable net profit of US$ 16.8 billion in 2011, an increase of 28% from a year earlier.

February 15, 2012 Russian Sberbank has completed its acquisition of 100% of Volksbank International AG (Austria).

February 7, 2012 UBS reports fourth quarter 2011 net profit of €326 million, compared to €1.37 billion in fourth quarter 2010.

January 19, 2012 Bank of America reports fourth quarter 2011 net income of $2 billion, compared with net loss of $1.2 billion in fourth quarter 2010.

January 18, 2012 Goldman Sachs reports net revenues of $28.81 billion and net earnings of $4.44 billion for the year ended December 31, 2011.

January 5, 2012 ZKB, the largest cantonal bank in Switzerland, told US customers it was closing their accounts.

December 15, 2011 Morgan Stanley to cut 1,600 jobs in first quarter 2012.

December 13, 2011 BNP Paribas and SG are cutting jobs along with many other banks in Europe that have to cut costs as a result of the euro zone debt crisis.

December 8, 2011 The European Central Bank (ECB) has cut interest rates by 25 basis points to 1.00 percent.

November 30, 2011 Russian Sberbank registered net profit of RUB 255.8 billion (approx. US$ 8.5 billion) in the first nine months of 2011, an increase of 133% from a year earlier.

November 4, 2011 Royal Bank of Scotland made pre-tax profits of £2 billion in 3Q-2011, against a £1.56 billion loss in 3Q-2010.

November 4, 2011 Commerzbank reports third quarter 2011 net loss of €687 million, compared with net profit of €113 million in third quarter 2010.

November 3, 2011 The European Central Bank (ECB) has cut interest rates by 25 basis points to 1.25 percent.

October 18, 2011 Goldman Sachs Group Inc. reports third quarter 2011 net loss of $428 million.

October 18, 2011 Bank of America reports third quarter 2011 net income of $6.2 billion, compared with a net loss of $7.3 billion in third quarter 2010.

October 17, 2011 Citigroup reports third quarter 2011 net income of $3.8 billion, compared to $2.2 billion in third quarter 2010.

September 30, 2011 U.S. regulators closed First International Bank of Plano, Texas, bringing the total number of closures this year to 74 (2010 - 157, 2009 - 140).

September 6, 2011 Switzerland tops the overall ranking in The Global Competitiveness Report 2011-2012 released by the World Economic Forum (WEF).

August 29, 2011 Alpha Bank and Eurobank EFG join forces to create a leading bank in Greece and Southeastern Europe.

August 10, 2011 Commerzbank has posted first-half 2011 net profit of 1.009 billion euro (1.060 billion in 1H2010).

August 9, 2011 KBC Group has generated a net profit of 1.154 billion euro in the first half of 2011, almost double the corresponding figure for 1H2010.

July 7, 2011 ECB increases eurozone interest rates by 25 basis points to 1.50%, the second rate rise since January 2011.

June 17, 2011 The Central Bank of Russia will fund a 10-year loan of US$ 10.6 billion to Bank of Moscow at a rate of 0.51%.

June 17, 2011 Dutch banking group ING selling US online bank (ING Direct USA) to Capital One, a leading US-based financial holding company.

April 27, 2011 British Barclays reports 1Q-2011 net profit of £1.01 billion (approx. US$ 1.67 billion), compared to £1.07 billion in 1Q-2010.

April 27, 2011 Russian VTB reports full-year 2010 net profit of RUB 54.8 billion (approx. US$ 1.8 billion) compared with net loss of RUB 59.6 billion (approx. US$ 1.97 billion) in 2009.

April 7, 2011 European Central Bank (ECB) increases eurozone interest rates to 1.25% from the record low of 1%, the first rate rise since July 2008.

April 4, 2011 Capital One Financial interested in buying ING Direct USA, the online banking arm of Dutch financial services firm ING Groep NV.

March 29, 2011 Chinese AgBank, the country's No. 3 lender by assets, reports full-year 2010 net profit of RMB 94.87 billion (US$ 14.5 bln) compared with net profit of RMB 64.9 billion (US$ 9.9 bln) in 2009.

March 21, 2011 Russian Sberbank reports full-year 2010 net income of RUB 181.6 billion (US$ 5.97 billion) compared with net income of RUB 24.4 billion (US$ 808 million) in 2009.

February 23, 2011 Commerzbank reports full-year 2010 net profit of €1.4 billion compared with net loss of €4.5 billion in 2009.

Feb 03, 2011 Deutsche Bank reports full-year 2010 net income of €2.3 billion compared with net income of €5.0 billion in 2009.

Jan 31, 2011 Mizuho Financial Group: net profit for the 9 months ended December 31, 2010 increased by JPY 296 billion (US$ 3.6 billion) on a year-on-year basis to JPY 422.1 billion ($5.1 billion).

Jan 19, 2011 Goldman Sachs reports full-year 2010 net income of $8.35 billion compared with net income of US$ 13.39 billion in 2009.

Jany 18, 2011 Citigroup Inc. reports full year 2010 net income of US$ 10.6 Billion compared to a net loss of US$ 1.6 billion in 2009.

Jan 14, 2011 JPMorgan Chase & Co. reports full-year 2010 net income of $17.4 billion compared with net income of US$ 11.7 billion in 2009.

Nov 10, 2010 UniCredit Group ended the first 9 months of 2010 with net profit of €1 billion.

Nov 10, 2010 KBC Group ended the first 9 months of 2010 with net profit of €1.1 billion.

Oct 19, 2010 Citigroup reports third quarter 2010 net profit of US$ 2.17 billion.

Oct 19, 2010 Bank of America reports third quarter 2010 net profit of US$ 3.1 billion.

Oct 19, 2010 JPMorgan reports third quarter 2010 net profit of US$ 4.42 billion.

Sep 2, 2010 Russian VTB Group reports H1 2010 net profit of RUB 25.1 billion (approx. US$ 837 million).

Sep 2, 2010 Russian energy holding Gazprom reports H1 2010 net profit of $10.94 billion (approx).

Aug 6, 2010 Royal Bank of Scotland reports second quarter 2010 net profit of GBP 257 million (approx. €310 million).

Aug 5, 2010 Commerzbank AG reports second quarter 2010 net profit of €352 million.

Aug 3, 2010 Societe Generale reports second quarter 2010 net income of €1.08 billion.

July 26, 2010 UBS reports second quarter 2010 net profit of CHF 2.005 billion.

July 16, 2010 Citigroup Inc. reports second quarter 2010 net income of US$ 2.7 billion.

June 7, 2010 Russian Sberbank reports first quarter 2010 net income of RUB 43.5 billion (approx. US$ 1.45 billion).

May 12, 2010 KBC Group reports first quarter 2010 net income of €442 million.

May 12, 2010 UniCredit Group reports first quarter 2010 net income of €520 million.

May 5, 2010 Societe Generale reports first quarter 2010 net income of €1.06 billion.

Apr 27, 2010 Deutsche Bank reports first quarter 2010 net income of €1.8 billion.

Apr 20, 2010 Earnings Bank of New York Mellon has grown in I quarter by nearly 75%.

Apr 20, 2010 Goldman Sachs reports first quarter 2010 net income of US$ 3.3 billion.

Feb 10, 2010 140 US banks were closed in 2009, 26 - in 2008, and only 3 - in 2007.

Sep 24, 2009 One of the largest Japanese banks Aiful Corp. to axe almost 2000 jobs (44%).

Aug 29, 2009 84 banks were already ruined in the USA from the beginning of 2009, in 2008 - 25.

June 23, 2009 Total assets in CEE Banking sector amounted to €1,772 billion (up 25%).

May 13, 2009 Citigroup uses almost $45 billion TARP Funds for Loans.

May 11, 2009 Bank of America is going to sell a 5.8% stake in China Construction Bank Corp. for about US$ 7.3 billion.

May 10, 2009 Berkshire Hathaway - Net loss in 1Q 2009 amounted to US$ 1.53 billion.

Apr 28, 2009 Lloyds Banking Group to axe almost 1000 jobs.

Apr 7, 2009 Royal Bank of Scotland plans to cut 9000 jobs.



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