A number of pressure points continue to build for major UK banks and 2008 performance is likely to be weaker, says Fitch Ratings in a special report.The rating agency said that in 2008, earnings have been, and will be, negatively impacted by write-downs due to US subprime and related credit exposures and the slowdown in […]
The 11 industries in the resources and financial sectors that have the largest earnings are setting the trend
Bank takes $49 million charge on ABCP hedges
Bank hit with $2.48 billion charge
Q2 earnings take hit from writedowns and increased provisions for credit losses
Clark says results are “disappointing” but “acceptable”
But bank increases quarterly dividend
Desjardins Financial Security today announced net income of $36.3 million for the first quarter ended March 31.Income from insurance premiums continued to grow and stood at $618.1 million for an 11.7% increase over the same period in 2007, when DFS reported income of $553.4 million. Insurance sales totalled $51.1 million.In the first quarter of 2008, […]
Record earnings in private client group
Financial sector profits drop 5%