04/24/2016

HDFC Bank posts 20% rise in Q4 net profit

The country's second-largest private lender had registered a net profit of Rs 2,807 crore in same quarter of 2014-15. Total income during the quarter rose to Rs 18,862.61 crore, from Rs 15,570.1 crore a year earlier.

03/31/2016

Goldman profits up despite woes

The reporting entity’s results, which include investment banking and securities, were however propped up by “other income”, notably a 45 per cent lift in interest income from short-term deposits

03/29/2016

China bank profits flat-line as bad debts continue to soar

Profit growth has slowed in recent years while the sector tackles its greatest challenge since the global financial crisis, with bad loans at a 10 year high while funds set aside to cover the losses fall close to regulatory limits.

03/23/2016

Hong Kong insurance premiums rise in 2015

The Office of the Commissioner of Insurance in Hong Kong released provisional statistics of the local insurance industry for 2015, showing an increase in premiums for the year.