by Amruth Sundarkumar | Aug 4, 2021 | Banks
SocGen reported a Q2 underlying group net income of €1.35bn ($1.6bn) vs. only €8mn ($9.5mn) in Q2 last year. For the half year, they reported net income of €2.65bn ($3.1bn), up 13.5% vs. 1H2019 and nil profits during the same period last year. The bank reported no...
by bondevalue | Apr 30, 2021 | Financial Institutions, Investment Grade Bonds
Standard Chartered reported its 1Q2021 results with net profits more than doubling to $1.1bn vs. $517mn a year ago. Like its peers, profits were helped by a sharp reduction in credit impairments of $20mn vs. $936mn YoY. Wealth Management reported a record $641mn...
