Italian banks' lending to businesses came to a standstill in December, in the weakest performance since the COVID-19 outbreak in the country, Bank of Italy data showed on Thursday.
Russia's finance ministry said on Thursday it expects state-owned lender Sberbank to pay dividends of at least 50% on its 2022 profits, a prospect that drove up Sberbank shares and the wider Moscow Exchange stock index.
Sumitomo Mitsui Banking Corp (SMBC) will phase out corporate and project finance exposure to coal mining by 2040 but does not have a concrete timeline for reducing support to trade finance, a senior company official said on Thursday.
Polish lender mBank expects to return to profit in 2023, Chief Executive Cezary Stypulkowski said on Thursday, after legal costs pushed it to a loss in 2022.
Mediobanca on Thursday looked on track to exceed targets set under a business plan to June 30, 2023 after a jump in income from lending led to a record first half net profit, the Italian bank said.
Credit Suisse Group has reported its biggest annual loss since the 2008 global financial crisis after rattled clients pulled billions from the bank, and it warned that a further "substantial" loss would come this year.
Dubai Islamic Bank , the biggest Islamic lender in the United Arab Emirates, is set to raise $1 billion from a sale of long five-year sustainable sukuk, a bank document showed on Thursday.
Italy's Banca IFIS on Thursday hiked its 2023 net profit guidance to 150 million euros ($161.45 million) from 137 million euros previously forecast under its 2022-2024 business plan, the company said in a statement.
Britain's financial watchdog said on Thursday it will push ahead with plans to make available "synthetic data" to help increase innovation and choice in financial services following a consultation last year.
