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.
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.
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.
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.
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.
Heard: Wells Fargo Springs Finance Surprise
Banks, savings banks and thrifts that have failed since 2008.
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