BANKING

Commerzbank: Strong customer business in the first quarter of 2020 - Effects of coronavirus weigh on earnings

Revenues at €1.85bn (Q1 19: €2.16bn) due to temporary valuation effects – Good development in customer business: overall net interest…

Egypt: EIB and BDC provide $100 million to finance SMEs

The European Investment Bank (EIB) has signed a financing agreement of $100 million with Banque du Caire (BDC) to finance the…

Barclays makes first investment under new Sustainable Impact Capital initiative in SaveMoneyCutCarbon

Barclays has announced a significant equity investment in SaveMoneyCutCarbon, the digital aggregator that provides a unique marketplace focused on sustainability,…

Credit Agricole's First Quarter 2020 Results

Crédit Agricole Group* Underlying revenues[1] Q1: €8,378m +0.7% Q1/Q1   Underlying net income Group share1 Q1: €981m -31.6% Q1/Q1 CET1…

Karen Kuder appointed General Counsel of Deutsche Bank

With immediate effect, Karen Kuder has been appointed General Counsel of Deutsche Bank and Global Head of the Legal department.…

Results of the Q2 2020 ECB Survey of Professional Forecasters

Expected effects of the coronavirus (COVID-19) pandemic and subsequent mitigation measures have a significant impact on inflation, growth and unemployment…

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