AWD cites training costs as earnings decline 8.3%

Article Abstract:

AWD Holding AG of Germany posted a drop in second quarter net profit by 8.3 percent to 11 million Euros ($14 million) from 12 million Euros last year. Revenue decreases were due to increased costs and taxation rate although revenues were up across the board. AWD Holding AG is one of the largest financial advisers of Germany.

Germany, AWD Holding AG

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Schroders first-half net rose 9.1%

Article Abstract:

Schroders PLC of the United Kingdom posted a 9.1 percent increase in first half net profit to 98 million Pounds ($185.3 million) from 89.8 million Pounds last year. Revenues for the financial services company were due to increased market share and first quarter increases in global stock market gains.

United Kingdom, Schroders PLC

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ING expects scant problems from credit markets as net soars

Article Abstract:

Second-quarter net profit for Dutch financial services firm ING Groep N.V. rose 27% to reach $3.52 bil, and the company does not anticipate any material effect from credit-market problems. Total subprime mortgage exposure for ING represents only 0.25% of the firm's total assets.

Economic aspects, Netherlands, Influence, ING Groep N.V., Financial report, Subprime loans

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