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Search Results for "Finance and Banking News"

223 Results found for "Finance and Banking News"

Finance and Banking
Published:

7 June 2013

News Category:

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
Published:

22 May 2013

News Category:

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
Published:

14 May 2013

News Category:

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...

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
Published:

25 April 2013

News Category:

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
Published:

24 April 2013

News Category:

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
Published:

15 April 2013

News Category:

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
Published:

12 April 2013

News Category:

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
Published:

12 April 2013

News Category:

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
Published:

8 April 2013

News Category:

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 ...

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
Published:

28 March 2013

News Category:

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, ...

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
Published:

14 March 2013

News Category:

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...

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 ...

Finance and Banking
Published:

6 March 2013

News Category:

Financials

The economies of emerging markets grew at a slower pace in February than the month before, according to HSBC's monthly purchasing managers' index.India, Brazil and China all saw growth rates...

Finance and Banking
Published:

4 March 2013

News Category:

Market

HSBC has reported rising profitability and revenue in 2012, despite the cost of fines for money-laundering.The bank announced a pre-tax profit of £13.7 billion for 2012, down 6% on the previ...

Finance and Banking
Published:

28 February 2013

News Category:

Market

Royal Bank of Scotland (RBS) has reported its fifth annual loss since it was rescued by the government in 2008.The bank made a pre-tax loss of £5.17 billion, hit by a series of charges. The ...

Finance and Banking
Published:

27 February 2013

News Category:

Market

The global debit cards market surpassed credit in 2010 to become the most popular card payment type worldwide, with US$5.9 trillion in payment volume in 2012. Debit, which has been one of th...

Finance and Banking
Published:

27 February 2013

News Category:

Market

The UK economy grew by more than previously thought in 2012, official figures have shown. The Office for National Statistics (ONS) revised its growth estimate for the year up from no growth to 0.2%...

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