The embattled Swiss lender has seen its deposits plummet by more than 40% in the past year.
Latest articles from Bank Trends
Icelandic banks' rebounding net income
September 27, 2022While banks in the Nordic country recorded higher net income in 2021 than in 2017, inflation and increasing house prices may prove challenging in the near term.
Malaysia’s top banks maintain robust profits
September 13, 2022CIMB Group was the only banking group in Malaysia to see a plunge in profits in 2020, but has rebounded nicely in its most recent annual report.
Moody’s slashes growth forecasts for G20
September 6, 2022Moody's has revised down real GDP projections for 2022 and 2023.
Progress stalls on breaking glass ceiling in UK finance
June 28, 2022The percentage of women in senior management in the UK’s financial services industry has flatlined in 2021 among signatories to the Women in Finance Charter.
Financial services FDI to South Africa surges despite pandemic
March 22, 2021Total financial services capital investment into South Africa rose 41% last year, while Nigeria saw a 57% drop.
NPL levels may stymie European banking union
December 2, 2019There remains further work to be done on reducing Europe’s NPL levels, particularly if progress is to be made on completing banking union in Europe.
Transaction banking revenues remain stable in H1 2019
November 1, 2019The transaction banking business continues to grow at a sure and steady pace, despite macroeconomic headwinds.
Investment banking revenues continue to fall
October 1, 2019The headwinds facing the world’s largest investment banks have taken their toll on revenues, productivity, operating margins and headcount.
Italian job unfinished, but progress is being made
January 17, 2019
Italy’s banks have done well to reduce exposure to NPLs in recent years, but there remains much work to be done. Katrien Van Hoof reports.
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