Listed banks in China see profit growth fall flat

Sixteen listed banks in China turned in lackluster reports for their performance in the first quarter, with nine of them scoring single-digit growth for their net profits and 13 having profit growth lower than the the same period last year, according to B


Agricultural Bank of China profit up 1.5 percent

Agricultural Bank of China Ltd., one of the country's four major state-owned commercial lenders, says its quarterly profit edged up just 1.5 percent as the country's economic growth slowed


Nomura net profit rises 17%

The latest quarterly results show some recovery in fixed income trading after calm credit markets weighed on investors' trading activities.


HDFC’s Q4 profit up 8%

On a consolidated basis, net profit increased 10% to Rs2,646 crore, from Rs2,415 crore in the corresponding period last year


ICICI Bank Q4 net rises 10%

ICICI Bank matched street expectations on Monday with the profit rising 10.2 percent year-on-year to Rs 2,922 crore in the quarter ended March 2015


YES Bank Q4 profit seen up 28%

Commenting on the results and financial performance, Rana Kapoor, Managing Director & CEO, YES BANK said, “YES Bank has delivered another satisfactory Quarter, and overall Financial Year across all key parameters of growth, profitability and as


Korea’s NPS posts 5.25% return for 2014

South Korea’s National Pension Service (NPS), the world’s fourth largest pension fund, secured a return of 5.25% for 2014, with AUM rising to around 470 trillion won (US$432.4 billion) as of December 31


Affin braces for challenging conditions

Affin Holdings Bhd, which operates Affin Bank, expects a slower loan growth of 8% for 2015 and foresees a five to 10 basis points (bps) compression in net interest margin (NIM) ranging between 2.4% and 2.45%


Citi’s 1Q Asia Pacific Net Profit Rises 19%

As Citigroup’s Asia head Stephen Bird leaves for a global role, he’s leaving behind a region that remains the Wall Street bank’s top contributor to earnings outside North America.


Itochu seen logging record profit in fiscal 2015

Trading house Itochu is expected to generate a record net profit of 330 billion yen ($2.72 billion) in the current fiscal year ending March 2016, with two major investments providing boosts.


Bank Nifty bounces back even as Q4 results look weak

The Bank Nifty has bounced back 460 points intraday after three day of declines and looks set for some more upside in coming sessions. According to technical analysts, the charts of banks look good on immediate and short term charts.