Tag: provisions
Citigroup: Higher Provisions and Slower Transactions Weighed in Q4
Published on 01/13/2023 at 3:07 p.m. Jan 13 (Reuters) – Citigroup reported lower fourth-quarter profit on Friday, weighed down by increased provisions and…
Citigroup: Higher Provisions and Slower Transactions Weighed in Q4
(Reuters) – Citigroup reported lower fourth-quarter profit on Friday, weighed down by higher provisions and lower investment banking revenue as mergers and acquisitions activity slowed sharply. In New York, Citigroup…
Citigroup: Higher Provisions and Slower Transactions Weighed in Q4
Published on 01/13/2023 at 4:12 p.m. Photo credit © Reuters (Reuters) –…
Phase of high credit quality ends: US banks earn billions – loan loss provisions increase
Phase of high credit quality ends US banks earn billions – loan loss provisions increase 01/13/2023 6:53 p.m The reporting season begins with the figures from the first US banks.…
Engie: Belgium asks Engie to increase its nuclear provisions, the title unscrews
(BFM Bourse) – The Belgian authorities are asking the group to increase these provisions by 3.3 billion euros, an amount deemed excessive by Engie. The company has also assessed the…
provisions for credit defaults weigh on earnings
The British bank Lloyds announced Thursday a profit down 28% over one year since the beginning of the year, penalized by provisions for possible credit defaults in a difficult economic…
Wells Fargo strengthens provisions, Q3 profit falls
Published on 10/14/2022 at 1:55 p.m. Oct 14 (Reuters) – Wells Fargo on Friday reported lower third-quarter profit as the bank raised provisions…
Wells Fargo strengthens provisions, Q3 profit falls
Published on 10/14/2022 at 2:28 p.m. Photo credit © Reuters (Reuters) –…
Emergency backpack: A comparison of ready-packed modelsVideo news | AM 10/16/2022 Emergency backpack: ready-packed models comparedThe Federal Office for Civil Protection and Disaster Assistance recommends making provisions for emergencies such as power failures. For this purpose there is…
Emergency backpack: A comparison of ready-packed modelsVideo news | AM 10/16/2022 Emergency backpack: ready-packed models comparedThe Federal Office for Civil Protection and Disaster Assistance recommends making provisions for emergencies such…
JPMorgan: provisions weigh on third quarter profits – 10/14/2022 at 14:29
(AOF) – JPMorgan published results in decline in the third quarter after increasing its provisions to cope with the deterioration of the economic outlook. Net income fell 17% to $9.74…
Wells Fargo strengthens provisions, Q3 profit falls
Wells Fargo Strengthens Provisions, Q3 Profit Falls | Photo credits: Rambleon / Shutterstock.com Oct 14 (Reuters) – Wells Fargo on Friday reported lower third-quarter profit as the bank raised provisions…
Majority cannot save: inflation eats up provisions
Majority cannot save Inflation eats up provisions 10/13/2022 7:27 am According to a recent survey, more than one in ten has higher expenses than income. With one in four, they…