BANKING

ING acquires stake in Van Lanschot Kempen

ING announced that it has reached an agreement with Reggeborgh Groep B.V. on the acquisition of a 17.6% stake in…

Germany’s Bundesbank reports record €19.2bn loss

The Bundesbank can bear financial burdens President Nagel: The balance sheet is sound As in 2023, the monetary policy measures…

Openbank launches in Mexico

Openbank, Grupo Santander’s fully digital bank, announced its launch in Mexico with a complete suite of everyday financial products. After…

ECB reports loss of €7.9 billion (2023: loss of €1.3 billion)

The European Central Bank’s (ECB’s) financial statements for 2024 show a loss of €7,944 million, which is comparable to the…

HSBC Holdings plc Annual Results 2024

Georges Elhedery, Group CEO, said: “Our strong 2024 performance provides firm financial foundations upon which to build for the future,…

Commerzbank delivers record profit – strong momentum for accelerated growth and transformation – targeting 15% return on tangible equity by 2028

Financial results for 2024: • 2024 targets exceeded: net result increased by 20% to around €2.7 bn – operating result…

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