RBS Vaunts Early Belt-Tightening In Investment Banking- Report
Steps taken by Royal Bank of Scotland Group PLC (RBS) to restructure in previous years mean it is now clear of the drastic job cuts taking place at other major banks in Europe due to falling investment banking revenues, an RBS executive tells Friday's edition of Boersen-Zeitung.
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Siam Commercial Bank 2Q Net Profit Up 23.9%, Meets Forecast
Siam Commercial Bank PCL (SCB.TH) said Friday its second-quarter net profit rose 23.9% from a year earlier due to higher net interest and fee income.
Crude Lower in Asia on Weak US Data
Crude-oil futures fell in Asian trading Friday as weak U.S. economic data and a stronger dollar weighed on oil markets to erase some of Thursday's large gains.
BG Signs $4.5 Billion Contracts For Brazil Oil Vessels
U.K.-listed BG Group PLC (BG.LN) said Friday that it and its partners have approved the signature of contracts worth $4.5 billion for the completion of six floating production, storage and offtake vessels that will be used to bring onstream major oil discoveries offshore Brazil.
Anglo American Posts Mixed Output Figures
Globally diversified miner Anglo American PLC (AAL.LN) Friday reported higher iron ore, export coal and copper output, but lower refined platinum and diamond output in the second quarter.
Vodafone's New Year Off To Poor Start
Weak consumer demand for mobile products and services in Europe continued to weigh on Vodafone Group PLC's (VOD.LN) financial performance Friday as the mobile giant reported worse-than-expected revenue in the first quarter of its financial year.
Sberbank Prices $750 Million Tap Of 6.125% 2022 Bond At 108.438
Sberbank (SBRCY), Russia's largest private bank,priced a $750 million tap of its 2022 6.125% notes late Thursday, said one of the banks managing the deal Friday.
UniCredit Sells Asset Manager Sofipa
UniCredit SpA (UCG.MI) said late Thursday it sold a 100% stake in asset manager Sofipa SGR SpA for an undisclosed amount, as Italian banks seek to boost profitability in adverse market conditions.
PREVIEW: Hindustan Unilever, ITC Earnings to Get Pricing Boost
TAKING THE PULSE: India's top two consumer goods makers by sales -- Hindustan Unilever Ltd. and ITC Ltd. -- are expected to report strong sales growth in their fiscal first quarter through June, primarily led by price increases on their products.