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Credit Suisse Group cut its forecast after reporting its fourth-quarter net profit rose 6%, lower than expected as the strong Swiss franc ate into private-banking profits.
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Danske Bank plans to raise $3.68 billion in a rights issue to return hybrid loans to the state and reinforce its capitalization ahead of new European banking regulations.
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South Korean lenders Woori Finance and Hana Financial reported results that missed analysts' expectations, while KB Financial swung to a quarterly loss due to one-time costs related to early retirement packages offered to employees.
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Many investors were taken aback by the abruptness of Wells Fargo's announcement that finance chief Howard Atkins would step aside immediately. There is plenty for investors to consider.
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The abrupt departure of Wells Fargo's chief financial officer and the company's sparse explanation left analysts puzzled about the implications for the bank.
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Banks, savings banks and thrifts that have failed since 2008.
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