Credit Suisse forecasts Q4 loss on higher provisions Credit Suisse said today it expects to book a net loss for its fourth quarter after increasing its provisions for a long-running dispute in the US by $850m. Business • 08 Jan 21
Credit Suisse forecasts Q4 loss on higher provisions Credit Suisse said today it expects to book a net loss for its fourth quarter after increasing its provisions for a long-running dispute in the US by $850m. Business • 08 Jan 21
Lloyds Q1 profits hit by £1.4 billion virus provision Lloyds Banking Group's pretax profit was all but wiped out in the first quarter, after it became the latest lender to be hobbled by provisions against expected bad loans due to the coronavirus pandemic. Business • 30 Apr 20
Lloyds Q1 profits hit by £1.4 billion virus provision Lloyds Banking Group's pretax profit was all but wiped out in the first quarter, after it became the latest lender to be hobbled by provisions against expected bad loans due to the coronavirus pandemic. Business • 30 Apr 20
RBS profit hit by £2.5 billion in extra provisions Royal Bank of Scotland, which owns Ulster Bank here, said today it would take a surprise £2.5 billion hit to its fourth-quarter profits. Business • 27 Jan 16
RBS profit hit by £2.5 billion in extra provisions Royal Bank of Scotland, which owns Ulster Bank here, said today it would take a surprise £2.5 billion hit to its fourth-quarter profits. Business • 27 Jan 16
Bank of America posts third quarter profit Bank of America today reported a third-quarter profit of $2.22 billion, compared with a loss a year earlier, as provisions for credit losses fell. Business • 16 Oct 13
Bank of America posts third quarter profit Bank of America today reported a third-quarter profit of $2.22 billion, compared with a loss a year earlier, as provisions for credit losses fell. Business • 16 Oct 13
Santander's profits up on lower provisions Spain's Banco Santander said its net profit for the second quarter jumped to €1.1 billion from €123m for the same time last year thanks mainly to lower provisions for bad property loans. Business • 30 Jul 13
Santander's profits up on lower provisions Spain's Banco Santander said its net profit for the second quarter jumped to €1.1 billion from €123m for the same time last year thanks mainly to lower provisions for bad property loans. Business • 30 Jul 13
KBC's Irish unit not for sale KBC, the Belgian banking group, has said it is not selling its Irish business - KBC Bank Ireland, which has a sizeable residential mortgage business. Business • 08 Oct 12
KBC's Irish unit not for sale KBC, the Belgian banking group, has said it is not selling its Irish business - KBC Bank Ireland, which has a sizeable residential mortgage business. Business • 08 Oct 12