Deutsche Bank posts another quarterly profit; slashes Russian credit exposures
Deutsche Bank has extended its quarterly profit streak by reporting a 17% surge in Q1 profit and slashed its Russian…
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Credit Suisse Q1 net loss widens as litigation cost surges to CHF703m
Credit Suisse has posted a net loss CHF273m for the first quarter of 2022, driven primarily by legal expenses and…
UBS Q1 net profit surges 17%; slashes exposure to Russia by $200m
Swiss wealth manager UBS has posted net profit of $2.136bn for the first quarter of 2022, a surge of 17%…
Blackstone reports strong first quarter results
Blackstone, one of the largest alternative asset managers in the world, has reported strong results for the first quarter of…
Credit Suisse warns of first quarter loss as legal provisions jump
Credit Suisse has said that it may report a loss in the first quarter of the year due to a…
GAM AuM declines on forex impact and client outflows
Swiss money manager GAM recorded a decline in assets under management (AuM) due to the impact of foreign exchange (forex)…
Bank of America wealth business Q1 profit jumps 28%
The Global Wealth and Investment Management (GWIM) division of Bank of America has recorded a net income of $1.1bn for…
BNY Mellon Q1 profit down 18%; takes $88m hit from Russia withdrawal
Bank of New York Mellon (BNY Mellon) has reported a net income applicable to common shareholders of $699m for Q1…