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Half-year results

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Agricultural Bank of China’s first half profit rises 4.9%

09 Sep 2019

Agricultural Bank of China’s first half profit rises 4.9%

Agricultural Bank of China’s first half profit rose but its structured products market share edged down during the period. The Chinese bank also saw its margins squeeze.

Market
Commerzbank 1H2019: SG transfer won't be complete before 2021

15 Aug 2019

Commerzbank 1H2019: SG transfer won't be complete before 2021

The German bank started the transfer of the markets and commodities division sold to Société Générale in 2018 but this isn't expected to complete this year.

Market
Leonteq: smart derivatives hedging platform to be operational by mid-2020

31 Jul 2019

Leonteq: smart derivatives hedging platform to be operational by mid-2020

The Swiss specialist structured product provider made ‘good progress’ with its key strategic initiatives in 1H2019 and is on track towards becoming a ‘globally renowned platform for structured investment solutions’, said chief executive officer Lukas Ruflin (pictured).

Market
Binck turbos lose power as Dutch bank's earnings skydive

23 Jul 2019

Binck turbos lose power as Dutch bank's earnings skydive

Vincent Germyns (pictured), chairman of the executive board, Binckbank, said the result for the first half of 2019 was lower than expected, with market conditions in which the broker conducts its business activities ‘very challenging’.