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Search Results for "Finance and Banking News"

168 Results found for "Finance and Banking News"

Market Headline Published News Category
Finance and Banking Italian store cards market led by Carrefour and Esselunga

21 June 2013

Market

The Italian store cards market reached €2.95 billion in transaction value in 2012, declining by 4% compared to 2011, while the number of cards in circulation in 2012 was 2.98 million, declining by ...

Finance and Banking 41 million cards in circulation within the Italian debit card market

12 June 2013

Market

2012 saw transaction values within the Italian debit card market increase by 3% throughout the year, reaching a value of €91 billion.In terms of circulation, the number of debit cards reache...

Finance and Banking Governments clamping down on the offshore private banking market

12 June 2013

Market

Governments globally have been taking initiatives to curb offshore tax evasion for many years. However, this phenomenon has assumed increased urgency since 2008-2009 when economies across the world...

Finance and Banking UK private motor insurance market not expecting to return to growth until 2014

12 June 2013

Market

Gross written premiums within the UK private motor insurance market rose by 6.7% in 2011, slowing from the expansion recorded in 2010. The market is dominated by comprehensive policies, with some i...

Finance and Banking Prepaid cards market to be worth $2.1 trillion by 2018

10 June 2013

Market

The prepaid cards market has been forecast to reach a value of US$2.1 trillion by 2018, driven by the rising demand from unbanked consumers and the financial services sector.Prepaid cards re...

Finance and Banking Italian credit card market predominantly operated by Visa Europe

7 June 2013

Market

The Italian credit card market increased in number by 2% through 2012, to reach 111 million transactions, and increased in value by 3% reaching €11.2 billion.The performance of credit cards ...

Finance and Banking Nationwide's share of the mortgage market reaches a record high

22 May 2013

Financials

Nationwide announced today a three per cent rise in profits, as customers choose the building society over traditional banks.The company said that 123,000 customers had switched their main b...

Finance and Banking Australian car insurance industry to increase by 1.8% through 2013

14 May 2013

Market

Over the five years through 2012-13, revenue within the Australian car insurance industry grew at a compound annual growth rate (CAGR) of 2.8%. Another weak year for investments is anticipated to l...

Finance and Banking Belgium payment cards industry reached value of $154 billion in 2012

8 May 2013

Market

The Belgium payment cards industry is forecast to grow at a CAGR of 3.31% between 2013 and 2018, which would mean a slight slowdown from the 3.87% CAGR recorded between 2008 and 2012. Growth in the...

Finance and Banking Santander reports 25% fall in profits

25 April 2013

Market

The eurozone's biggest bank, Santander, suffered a 25.9 per cent fall in profits for the first three months of the year.The Spanish bank said net profits for the quarter were 1.2bn euros (£1...

Finance and Banking Mobile point of sale industry to increase at a CAGR of 43%

24 April 2013

Market

During 2011-2012, the global MPOS market (mobile point of sale) registered significant growth in terms of the volume of terminals in operation, registering an annual growth of 111%.MPOS tech...

Finance and Banking Citigroup reports 30% rise in first quarter profits

15 April 2013

Financials

Citigroup has reported a 31% rise in first quarter profits to $3.8 billion, beating analysts' expectations.Citigroup's profits were $1.23 a share, whereas analysts had predicted a figure clo...

Finance and Banking Anti-money laundering market to increase by 11%

12 April 2013

Market

The anti-money laundering market has been forecast to increase at a compound annual growth rate (CAGR) of 11.3% through to 2016, driven by the increase in regulatory compliance requirements and an ...

Finance and Banking JP Morgan profits rise to a record $6.5 billion

12 April 2013

Financials

JP Morgan's quarterly profits have risen 33% to a record of $6.5 billion, helped by a reduction in the amount it set aside for bad debts.The results - the first in Wall Street's earnings sea...

Finance and Banking Total UK wealth soars past the £7 trillion mark

8 April 2013

Market

Total household wealth in the UK has soared past the £7 trillion mark for the first time but society is becoming more divided, according to new research.The surprise findings, which suggest ...

Finance and Banking US consumer lending market lead by JP Morgan Chase and Bank of America

3 April 2013

Market

The US consumer lending market saw only slight current value growth in outstanding balance and gross lending terms over 2007-2012 as a whole. This was due to the impact of the economic downturn in ...

Finance and Banking US economic growth beats earlier estimates

28 March 2013

Market

US growth data for the fourth quarter of 2012 was revised up again to an annualised rate of 0.4 per cent, providing further evidence that the US economy did not take a dip at the end of last year, ...

Finance and Banking Lloyd's of London returns to profit despite huge Hurricane Sandy payout

27 March 2013

Market

Lloyd's of London, the world's oldest insurance market, has returned to profit, despite paying one of the biggest claims in its history.Superstorm Sandy, which hit the Caribbean and North Am...

Finance and Banking Debit cards becoming tough competition for the pay-later card market

14 March 2013

Market

The pay-later card market, including credit, charge and store cards, has struggled in recent years as debit and pre-paid cards have risen in popularity, with consumers desiring to budget more durin...

Finance and Banking UK auditing market controlled by PricewaterhouseCoopers, Deloitte, KPMG, and Ernst & Young

7 March 2013

Market

Demand for services within the UK auditing market reached a value of £13.5 billion in 2012, showing a compound annual growth rate (CAGR) of 3% over the past six years, broadly in line with nominal ...

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