Commerzbank Quarterly Profit Falls 84%

Commerzbank, which increased capital for the fifth time in four years in May to repay the state aid from 2009, is grappling with souring loans in shipping and commercial real estate.


Unicredit reports profit plunge

Italy's top bank, UniCredit, reported on Tuesday a net profit of 810 million euros in the first six months of 2013, down 25.2 percent from the outcome for the same period last year.


RBS names McEwan as CEO after swinging to H1 profit

Royal Bank of Scotland said Ross McEwan will take over as its new chief executive in October, just over a year after he arrived to run its retail bank, as the state-backed bank reported a return to profit in the first half of the year.


SocGen second-quarter profit more than doubles

Quarterly net income soared to 955 million euros (837.50 million pounds) from 436 million in the year-ago period, while revenue slipped 0.6 percent to 6.23 billion, the bank said on Thursday.


BNP Paribas eyes Germany push after earnings slip

French bank BNP Paribas unveiled a plan to boost its presence in relatively resilient Germany after fresh cost cuts failed to offset sliding earnings in markets like Italy in the second quarter.


Barclays Cuts Back In Spain

Barclays Bank is shutting 18 branches in Andalucia as part of a move to reduce by 35% the number of branches it has in Spain