19 stories found
Investment bank UBS has placed Greek systemic lenders among Europe’s top banking performers, issuing buy ratings for all four major Greek banking groups and highlighting significant upside in their stock valuations.
South Korean financial authorities are exploring a governance overhaul that could cap financial holding company chairs at two three-year terms, potentially reshaping leadership succession in major banking groups.
America's largest banking groups have expressed dissatisfaction with the CLARITY Act's newly proposed stablecoin legislation, stating it 'falls short' of adequately protecting bank deposits.
South Korea's five major banking groups have committed a combined 1 trillion won ($675.3 million) to support the country's venture and startup ecosystem. This initiative joins a government-led push to revive venture investment with private capital.
An article from Seneweb investigates the reasons behind the significant dominance of large banking groups within the West African Economic and Monetary Union (WAEMU).
Banking groups have voiced strong opposition to the Federal Reserve's approval of crypto bank Kraken, labeling the decision as improper and dangerous.
Samsung Group's financial subsidiaries are on track to achieve nearly 6 trillion won in earnings, surpassing the performance of traditional banking groups.
Greek banking groups with operations in Cyprus exceeded expectations in their second-quarter results, driven by increased lending, resilient interest income, and rising fee revenue, leading analysts to maintain a positive outlook for the sector.
International banks are planning further expansion in the Central, Eastern, and Southeastern European region, with three-quarters of surveyed cross-border banking groups intending to increase their activities and none expecting a reduction.
A day after the warning from G. Stournaras about the risk of a new generation of 'red' loans due to war, the EU Financial Stability Report reinforces these warning signals. In 2025, Greek banking groups recorded profits after a period of challenges.
Major financial groups in South Korea are re-evaluating their headquarters strategies, with some opting to consolidate affiliates for efficiency while others choose to monetize real estate assets to boost capital and support expansion.
An analysis questions the significant dominance of large banking groups within the West African Economic and Monetary Union (WAEMU) region.
South Korea’s financial sector is preparing for potential fallout from escalating conflict in the Middle East, with major banking groups rolling out emergency support programs for companies exposed to rising geopolitical risks while authorities step up monitoring of financial markets. Hana Financial Group said Monday it will provide a 12 trillion won ($8.2 billion) financial support package through Hana Bank for companies vulnerable to disruptions linked to the conflict, including emergency liqu
Mirae Asset Securities reported quarterly profits that exceeded three of South Korea's four largest banking groups, driven by investment gains and international growth, with net income nearing 2 trillion won.
Raiffeisen is closer to returning to Slovenia than NLB is to entering Croatia. This indicates differing progress in the expansion plans of the two banking groups.
Yannis Stournaras, Governor of the Bank of Greece, stated that Greek banking groups operating in Cyprus are capable of actively supporting the Cypriot economy, as both Greek and Cypriot banks enter a period of increased cooperation.
Rating agency Moody's conducted extensive revisions of ratings for Greek banking groups, affecting long-term deposit, issuer, and unsecured debt ratings.
At the present stage, the direct and indirect effects of the expanding conflict in the Middle East on international banks and asset managers are considered manageable, according to a report by Morningstar DBRS. The rating agency stated that international banking groups do not have material direct exposures in the Middle East, thereby limiting immediate credit […]
Mirae Asset Securities has surpassed major banking groups by achieving a market capitalization of 40.2 trillion won ($27.8 billion), a milestone attributed to surging earnings and a strong equity market.