Erste Bank's net increases by 19% on loan growth

Article Abstract:

Erste Bank der Oesterreichischen Sparkassen AG of Austria posted a stellar net profit increase of 19 percent for the second quarter. Net profit revenues rose to 209.1 million Euros ($266.6 million) from 175.4 million Euros last year. Revenues were due to increased market share in Eastern and Central Europe although derivatives and securities trading under-performed.

Austria, Erste Bank der Oesterreichischen Sparkassen AG

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J.P. Morgan net rises 68 percent on investment banking

Article Abstract:

J.P. Morgan Chase and Co. of the United States posted stellar net income, up by 68 percent to $4.53 billion in the fourth quarter. Investment banking and corporate trust business has increased, offsetting a decline in retail banking. Net revenue is up 19.1 percent to $16.05 billion.

United States, JPM, JPMorgan Chase & Co.

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Sweden's SEB prepares for changing landscape: regional bank puts focus on efficiency as merger talk grows

Article Abstract:

First-quarter net profit for Skandinaviska Enskilda Banken AB rose by 15%, with shares rising by 26% during the past year. The firm's position within Europe's banking industry is discussed.

Sweden, Skandinaviska Enskilda Banken

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