Latest News for: Copenhagen banks

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PNB Q1 results: Net profit zooms 232% YoY to ₹1,023 cr

Live Mint 02 Aug 2021
Punjab National Bank Limited (PNB)'s net profit for the quarter ended 30 June, 2021, zoomed 232% to ₹1,023 crore, it said on Monday ... Premium Premium Copenhagen Infrastructure Partners invests $100 mn in A .... Premium Premium RBL Bank posts net loss of ₹459 cr in Q1FY22, NII dips 7%.
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HSBC’s profit jumps as pandemic provisions recede

Live Mint 02 Aug 2021
The banking giant, which is sharpening its focus on lucrative Asian markets, unveiled a forecast-beating quarterly profit of $3.4 billion and said it would resume paying dividends—a key focus for many investors in the sector ... Premium Premium Copenhagen Infrastructure Partners invests $100 mn in A ....
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Tarek Nabil Leaves ADSS to Take Up COO Position at CAPEX.com

Finance Magnates 02 Aug 2021
His experience further extends to Amana Capital and his FX career at Saxo Bank in both Copenhagen and Dubai ... Earlier, he joined Saxo Bank in August 2006 ... Before that, his other roles consisted of Senior Associate and Associate at Saxo Bank A/S, Team Leader of Change Group Aps and his previous post of Senior Foreign Exchange Cashier ... ....
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Ramdev’s Ruchi Soya to start palm oil plantations in North East

Live Mint 02 Aug 2021
KOLKATA . Yoga guru Baba Ramdev’s Patanjali group-led Ruchi Soya plans to start palm oil plantations in Assam, Tripura and other North-Eastern states ... MORE FROM THIS SECTIONSee All. Premium Premium Copenhagen Infrastructure Partners invests $100 mn in A .... Premium Premium RBL Bank posts net loss of ₹459 cr in Q1FY22, NII dips 7% ... MINT PREMIUM See All.
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ECB pledges record low rates to reach 2% inflation

Metro USA 22 Jul 2021
The European Central Bank pledged on Thursday to keep interest rates at record lows for even longer to help sluggish inflation in the euro zone rise back to its elusive 2% target ... CARSTEN BRZESKI, SENIOR ECONOMIST, ING BANK ... PIET HAINES CHRISTIANSEN, CHIEF STRATEGIST, DANSKE BANK, COPENHAGEN.
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Nordic banks join forces to compete with fintechs

Computer Weekly 20 Jul 2021
Nordic banks are becoming less constrained and more alliance-focused in their approach to countering the growth of financial technology (fintech) firms in their traditional markets ... The Copenhagen-based digital lender Lunar has revealed plans to establish a full-scale commercial bank operation in Norway in 2021-2022.
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More than 30 dead, dozens missing in heavy Europe floods

Springfield News-Sun 15 Jul 2021
Storms across parts of western Europe in recent days caused rivers and reservoirs to burst their banks, resulting in several flash floods overnight as rain-soaked soil failed to absorb any more water ... Olsen in Copenhagen and Mike Corder in The Hague contributed to this report.
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Nordic economic recovery on track as consumers ready to ‘splash the cash’: Reuters poll

Metro USA 09 Jul 2021
COPENHAGEN (Reuters) – Post-pandemic reopenings are boosting the economic recovery of Nordic economies as consumers prepare to splurge using savings that have risen to record highs during the COVID-19 outbreak, a Reuters poll of economists suggested ... Bank said in a note.
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Danske Bank predicts profit boost from economic recovery

Metro USA 08 Jul 2021
COPENHAGEN (Reuters) -Denmark’s biggest lender Danske Bank has increased its net profit outlook for this year as signs of a post-pandemic economic recovery lower loan impairment charges and boost customer activity ... Shares in the bank are up about 14% since the start of the year and gained 4% by 0805 GMT on Thursday.
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Danske Bank hikes 2021 net profit outlook

Metro USA 08 Jul 2021
COPENHAGEN (Reuters) – Danske Bank on Thursday raised its net profit guidance for ...
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Saxo Bank Divides CFRO Role, Hires Mette Ingeman Pedersen as Group CFO

Finance Magnates 07 Jul 2021
Saxo Bank is reorganizing its top management and announced on Wednesday the hiring of Mette Ingeman Pedersen as the new Group Chief Financial Officer ... Based in Copenhagen, she is joining Saxo from Nordea’s Nordic Personal Banking unit, where she has been the CFO for the past four years.
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Lagging shots could hit rand and ruble as emerging markets gap opens

Business Day 05 Jul 2021
The currencies of SA and Colombia are the most vulnerable as their central banks are not hiking rates “to build up a real rate cushion” against the US, according to Ed Al-Hussainy, a senior interest-rate and currency analyst at Columbia Threadneedle Investments in New York ... MUFG Bank expects sluggish tourism revenue to weigh on Thailand’s baht.
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Delta variant creates emerging markets gap as outperformers hit

Live Mint 05 Jul 2021
The currencies of South Africa and Colombia are the most vulnerable as their central banks aren’t hiking rates “to build up a real rate cushion" against the U.S., according to Ed Al-Hussainy, a senior interest-rate and currency analyst at Columbia Threadneedle Investments in New York ... MUFG Bank Ltd.
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Delta variant of Covid creates emerging markets gap as outperformers hit

Live Mint 04 Jul 2021
The currencies of South Africa and Colombia are the most vulnerable as their central banks aren’t hiking rates “to build up a real rate cushion" against the U.S., according to Ed Al-Hussainy, a senior interest-rate and currency analyst at Columbia Threadneedle Investments in New York ... MUFG Bank Ltd.
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Danske Bank's compensation to overcharged customers faces delays

Reuters 30 Jun 2021
COPENHAGEN, June 30 (Reuters) - Danske Bank's (DANSKE.CO) process of compensating clients, from which the lender has wrongly collected debt, is expected to extend into 2022, the ...
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