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Credit Suisse Cuts Forecast
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 Rights Issue
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.
Woori, Hana Results Miss Estimates
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.
Wells Fargo Springs Finance Surprise
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.
Wells CFO's Departure Bewilders
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
U.K. Banks Set Lending Pact
Next for Weber: Deutsche Bank?
EU Official Targets Bank Compensation
Financial Briefing Book: Feb. 10
J.P. Morgan Apologizes for Military Foreclosures
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Tracking the Nation's Bank Failures
Banks, savings banks and thrifts that have failed since 2008.
Latest Banking Headlines
2nd UPDATE: Credit Suisse 4Q Net Profit Misses Forecasts
Vodafone, Essar Group To Appoint UBS To Value Essar Stake In India JV - Sources
Swedbank: Olav Fjell Nominated To Board
Danske To Raise DKK20B In Rights Issue, Return State Cap
2nd UPDATE: Indonesia Short-Lists 7 Banks For Global Bond - Sources
UPDATE: Credit Suisse 4Q Net Profit Misses Views; Cuts ROE Goal
Polish Bank Handlowy 2010 Net Profit Jumps 50%
Danske Bank 4Q Net Profit DKK1.07B, Plans DKK20B Rights Issue
Credit Suisse 4Q Net Profit Misses Views; Cuts Yearly ROE Goal
KBC 4Q Profit Better Than Expected, But Hit By Irish Exposure
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