Strong recurring profit will remain a key credit strength: Moody’s
FSB group for the Americas concludes meeting in the Cayman Islands
Trade tensions and a “no-deal” Brexit pose the greatest sources of uncertainty and risk
Q4 profit up 8% from last year to $566 million, wealth management net income up 14%
Information sharing by banks and regulators varies widely across jurisdictions
Strong quarterly results prompt bank to hike dividend
Dieter Jentsch announces retirement from bank
Both banks report Q4 2018 net income increases of roughly 9%
Solid quarterly performance caps a “very strong year”
Provisions for credit losses rise to $264 million