Deutsche Bank reported a profit before tax of €411 million for the second quarter of 2024, down from €1.4 billion in Q2 2023. When excluding a €1.3 billion provision for Postbank litigation, the bank’s profit…

The Philippines has introduced a fully automated Intraday Settlement Facility (ISF) for financial institutions, aimed at addressing timing mismatches in transaction settlements through the Peso Real-Time Gross Settlement (RTGS) Payment System operated by the Bangko…

NatWest has introduced its banking app on Apple's Vision Pro, a smart goggle system now available in the UK. This makes NatWest one of the first banks globally to feature on Apple's VisionOS, which integrates…

Europe's biggest banks are set to report their second-quarter earnings this week, with investors closely watching for signs that the benefits of higher interest rates may be waning and whether recent political events are affecting…

Bank of America reported better-than-expected second-quarter results on Tuesday, driven by rising investment banking and asset management fees. Key Figures: Earnings: 83 cents per share (vs. 80 cents per share estimate) Revenue: $25.54 billion (vs. $25.22 billion estimate) The…