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HSBC and BNP Paribas’ profit results beat outlooks

August 2, 2010 - 7:34am | Banks and internet banks | News
HSBC and BNP Paribas’ profit results beat outlooks

Two top European banks, HSBC and BNP Paribas, excel their earnings outlooks as bad debts fell sharply to make up for slowing investment banking growth.
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bank | BNP Paribas | euro zone | forecast | HSBC | profit results
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E*Trade surprisingly posts positive quarterly profit results

July 23, 2010 - 9:05am | Figures | News
E*Trade surprisingly posts positive quarterly profit results

E*Trade Financial has astonished analysts, having published first quarterly profit for three years. Analysts had previously expected another loss and sending shares up by 7%.  

E*Trade, that was hurt significantly by the US mortgage crisis, posted second quarter net income of $35 million, or 12 cents a share, compared to a net loss of $143 million, or $2.16 a share, in Q2 2009.
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E*Trade | expectations | online brokerage | profit results | US mortgage crisis
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Bank of America reports $3.22 billion in profits with $255 million lost

August 11, 2009 - 3:14am | Banks and internet banks | News
Bank of America reports $3.22 billion in profits with $255 million lost

Monday, in its quarterly report filed with the SEC, Bank of America revealed its second-quarter profit of $3.22 billion in total before preferred dividends thus showing better than expected results which was encouraged by the bank's foreign operations.

The BofA reported it lost about $255 million in the US as the losses from failed loans continued to rise.
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Africa | Asia | BofA | Canada | Europe | Latin America | losses | Middle East | profit results | SEC | US
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