Articles with tag like: profit

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As pandemic recession takes hold, large US banks to report profit plunge

News | Payments General | 05 Oct 2020

Financial analysts expect large US banks to report a 30% to 60% plunge in profits on the year-ago period due to the pandemic-induced recession and near record low interest rates.

Citigroup, Wells Fargo, JPMorgan Chase, Bank of America, Goldman Sachs, Morgan Stanley, profit, recession, US

RBS sees rise in profits after renaming as NatWest

News | Payments General | 14 Feb 2020

RBS has reported a 27% rise in pre-tax operating profit for 2019 to GBP 4.2 bln as management announced renaming the bank NatWest.

RBS, Royal Bank of Scotland, NatWest, rebranding, banking, profit, bank, incumbent bank, financial crisis, UK, United Kingdom

Crypto scams triple, with GBP 27 mln total cost to victims

News | Cryptocurrencies | 21 May 2019

Investment scams involving cryptocurrencies trading have tripled in a year, with the average victim losing GBP 14,600, as per UK-based Financial Conduct Authority.

cryptocurrency, scams, victims, money loss, trading, UK, FCA, fraud, crypto assets, investments, fraudsters, profit, Customers, bank accounts