Mastercard Inc surpassed market estimates for quarterly profit as travel and dining demand held up against a turbulent economy, countering a blow from higher expenses and sending the card firm's shares up 1% premarket on Thursday.
Singapore's United Overseas Bank reported on Thursday a 74% surge in core profit in the first quarter from a year earlier on the back of strong net interest and non-interest income growth.
The Swiss National Bank made a profit of 26.9 billion Swiss francs ($30.20 billion) during the first quarter, the central bank said on Thursday, as the value of its gold and foreign currency investments increased at the start of the year.
Allegations made against British bank Barclays' former CEO Jes Staley regarding his ties with sex offender Jeffrey Epstein are "very serious", the lender's current CEO C.S. Venkatakrishnan said on Thursday.
India's Axis Bank Ltd on Thursday reported a wider-than-expected one-time loss in the fourth quarter, weighed down by costs incurred due to its $1.41 billion Citi deal.
European investigators in Beirut questioned an assistant to Lebanon's central bank governor on Thursday as part of a probe into whether the governor embezzled and laundered hundreds of millions of dollars in public funds, local media and a judicial source said.
UniCredit said on Thursday it would redeem in June a 1.25 billion euro ($1.38 billion) 'Additional Tier 1' (AT1) perpetual bond after receiving supervisory approval, adding it had no need to sell similar debt in the near future.
Russia's No. 2 lender VTB on Thursday posted first quarter net profit of 146.7 billion roubles ($1.8 billion) and kept its forecast for record profits this year as the bank recovers from a $7.7 billion sanctions-induced loss in 2022.
British fund manager Schroders' assets under management fell at the end of the March quarter from a year ago, but saw a slight uptick from the previous quarter, as economic risks eased and investor sentiment picked up.
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