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    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 $2.7 billion.

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

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

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

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

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    Adams National Bank


    From the beginning, The Adams National Bank has been known for innovative problem-solving for business owners, especially those whose imagination leads them to new ventures. We operate from a "can-do" premise. Where other banks may say "no," we look for ways to say "yes." We believe in building lifetime relationships by listening, understanding and providing the banking needs of large and small businesses, non-profit organizations and individuals.

    Our personal service, innovative banking solutions and commitment to our community are the hallmarks of The Adams National Bank. This commitment is shared by our customers, employees and board members. The people who are The Adams National Bank live right here in the Washington area supporting our idea that investing in our neighborhoods is an investment in our future. We believe that the role of our bank is to find ways to make things work for our partners in the community so that together we can grow and prosper.

    Headquarters:Washington, USA
    Address:1130 Connecticut Ave., NW Suite 200
    Washington, D.C. 20036
    Telephone: 202-772-3600
    Site: www.adamsbank.com
    ID: 8. Updated: 14.03.2008

    Business and Financial News

    Best Banks in Central and Eastern Europe for 2009 - 14.05.2010
    The following are the «Best Banks in Central and Eastern Europe for 2009» according to rankings published by Global Finance magazine:
    Source: Global Finance
    Big banks slashed small business credit lines - 13.05.2010
    The biggest Wall Street banks slashed their small business loan portfolios by 9% between 2008 and 2009, more than double the rate at which they cut their overall lending, according to a government report released Thursday.
    Source: CNN Money
    European Union agrees on €750bn bailout fund for eurozone - 10.05.2010
    Crisis-hit Europe on Monday announced a monster rescue package running to 750 billion euros between euro countries and the IMF, sending the euro surging in Asian trade. Leaders hope an unprecedented international intervention, worth just shy of one trillion dollars, will represent a game-changing European financial war chest, which will also be backed by European Central Bank action to nudge debt and currency markets.
    Source: Financial News
    Debt crisis may hurt banks outside Greece - 06.05.2010
    Credit ratings agency Moody's Investor Service said the banking systems in Portugal, Italy, Spain, Ireland and Britain could all be hurt by a widening debt crisis.
    Source: Associated Press
    Bank of Russia cuts discount rate - a historic low for Russia - 04.05.2010
    The Bank of Russia slashed its discount rate by another 0.25 percent from April 30. Starting tomorrow, the rate will be 8 percent per annum - a historic low for Russia.
    Source: RBC

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