Latest News for: Net banks


Bank of Queensland cuts annual margin forecast

Reuters 07 Dec 2021
Dec 7 (Reuters) - Australia's Bank of Queensland Ltd (BOQ.AX) said on Tuesday its net interest margin for fiscal 2022 would be lower than its previous forecast due to record low interest rates, yield curve volatility and stiff competition.

Kotak Mahindra becomes the first major bank to open doors to crypto trading

The Times of India 07 Dec 2021
Kotak Mahindra bank has opened its doors to the crypto market ... Earlier WazirX had opened its account with ICICI Bank which is India's second-largest private lender ... * In May 2021, ICICI told payment gateway operators to deactivate ICICI Net Banking for merchants who were involved in buying or selling cryptos directly or indirectly.

NSS outflows reduce govt’s borrowing options

Dawn 07 Dec 2021
As a result, the government’s opti­ons to get higher amount of liquidity have reduced, particularly when it cannot borrow money from the State Bank of Pakistan (SBP) under an IMF agreement ... Subsequently, the NSS witnessed an outflow of Rs317.3bn in 2020-21 against a net investment of Rs370.9bn a year ago.

Buy Equitas Small Finance Bank, target price Rs 78: Axis Securities

The Times of India 07 Dec 2021
Axis Securities has buy call on Equitas Small Finance Bank with a target price of Rs 78. The current market price of Equitas Small Finance Bank is Rs 61.2. Time period given by analyst is one year when Equitas Small Finance Bank Ltd ... Equitas Small Finance Bank Ltd ... The bank reported net profit after tax of Rs 41.19 Crore in latest quarter.

Why are bank stocks underperforming?

The Times of India 07 Dec 2021
Fortunes of bank stock are said to be intertwined with the economy, growing in tandem and falling in sync ... Bank stocks have fallen despite the Indian economy showing some recovery signs ... Analysts expect a sharp increase in profits and return ratios for banks as provisions lag growth in net interest income and pre-provisioning operating profits.

Kyrie Irving’s absence gave birth to the Nets’ improved defense

Eagle-Tribune 07 Dec 2021
The Nets are operating as if Kyrie Irving isn’t coming back ... The Nets can, however, bank on the players they have on their roster, a group that, despite injuries, illnesses and losses to the league’s elite, continues to sit atop the Eastern Conference with a 16-7 record entering this week’s four-game road trip.

Oppenheimer & Co. Inc. Announces Significant Expansion of Debt Advisory & Restructuring Investment Banking Group ...

The Salamanca Press 07 Dec 2021
(OPY on the New York Stock Exchange), and its affiliates provide a full range of wealth management, securities brokerage and investment banking services to high net-worth individuals, families, corporate executives, local governments, businesses and institutions.

Paragon Banking posts record profit on strong mortgage lending

FX Empire 07 Dec 2021
(Reuters) – London-listed Paragon Banking posted a record annual profit on Tuesday, as strong demand from professional landlords for ... Paragon’s net interest margin, the main measure of a bank’s profitability, increased to 239 basis points from 224 basis points a year earlier.

World Bank supports Cabo Verde to build a sustainable and equitable recovery

Reliefweb 07 Dec 2021
The World Bank approved a $30 million Development ... The World Bank supports Cabo Verde through 9 national IDA/IBRD projects for a net commitment of $186 million, one regional project for an amount of $15 million along with a comprehensive program of analytical services.

Wall Street holds fast to fossil fuels as climate pressure grows

Straits Times 07 Dec 2021
In the weeks since the bank in October joined Mark Carney's global alliance to achieve net-zero emissions from finance, it has underwritten US$2.5 billion (S$3.4 billion) in bond deals for companies including Gazprom PJSC and Continental Resources, equivalent to the same period in previous years.

What's fueling the surge in profits at Pennsylvania banks

Business Journal 07 Dec 2021
Net income year-to-date among the 135 Pennsylvania banks was $2.56 billion as of Sept. 30, up 69% from $1.5 billion in the same period a year ago ... .

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Web Hosting Talk 07 Dec 2021
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IC Markets Records Highest Ever Monthly Trading Volume of USD 1.016 Trillion in November

The Eastern Herald 07 Dec 2021
Sydney, Australia.. IC Markets achieves record-breaking monthly trading result ... Related. ... About IC Markets ... Since its launch in 2007, IC Markets has bridged the gap between retail and institutional clients, by offering a trading solution previously only available to investment banks and high net worth individuals ... For more information click ... ....

SA’s more digitally interactive banks receive customers’ approval

Independent online (SA) 06 Dec 2021
Overall, as in previous years, the banking industry experienced more negative sentiment than positive on social media, resulting in public net sentiment of –7.5% ...Absa, Nedbank, and Discovery Bank all surpassed Standard Bank, which declined by only 1.4 percentage points in public net sentiment," Duff said.

Buy Axis Bank, target price Rs 784: HDFC Securities

The Times of India 06 Dec 2021
HDFC Securities has buy call on Axis Bank with a target price of Rs 784. The current market price of Axis Bank Ltd ... Time period given by analyst is six months when Axis Bank Ltd ... Axis Bank Ltd ... The bank reported net profit after tax of Rs 3387.70 Crore in latest quarter.