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Press Releases

JP Morgan Chase: JPMorgan Chase today reported net income for the first quarter of 2014 of US$ 5.27 billion, compared with net income of US$ 6.53 billion in the first quarter of 2013 (down 19.2%). 11.04.2014
VTB Bank: VTB Group reports full-year 2013 net profit of RUB 100.5 billion (approx. US$ 3 billion), compared with net profit of RUB 90.6 billion in 2012. Total assets amounted to RUB 8.77 trillion at December 31, 2013. 03.04.2014
Raiffeisen Bank International: Raiffeisen Bank International reports full-year 2013 net income of EUR 557 million, compared with net income of EUR 730 million in 2012. Total assets amounted to EUR 130.6 billion at December 31, 2013. 27.03.2014
Credit Suisse: Credit Suisse reports full-year 2013 net income of CHF 3,069 million, compared with net income of CHF 1,349 million in 2012 (up 128%). At December 31, 2013, the company's total assets amounted to CHF 872.6 billion. 06.02.2014
JP Morgan Chase: JPMorgan Chase today reported net income for the fourth quarter of 2013 of US$ 5.3 billion, compared with net income of US$ 5.7 billion in the fourth quarter of 2012 . Net income for full-year 2013 was US$ 17.9 billion. 14.01.2014
Wells Fargo: Wells Fargo reports fourth quarter 2013 net income of US$ 5.6 billion, compared to US$ 5.1 billion in fourth quarter 2012. Full-year 2013 net income was US$ 21.9 billion (up 16%). 14.01.2014
Lloyds Banking Group: Lloyds Banking Group has this week introduced Talking ATMs across Lloyds Bank, Halifax and Bank of Scotland to make it easier for blind and partially sighted customers to withdraw cash and check balances. More 06.12.2013

Financial News

 China Overtakes the USA as the World’s Largest ATM Market - 04.04.2014
Chinese Financial News, an authoritative media of financial industry in China, released the report of Chinese ATM Market Overview 2013.
Source: GRG Banking Equipment
 The Global Islamic Microfinance Forum Ready to Set New Standards - 16.09.2013
The Forum will determine the Standards and strategic policies for Sustainable Islamic Microfinance Development.
Source: AlHuda Centre of Islamic Banking and Economics
 New Chairman for Mediterranean Bank Network (MBN) - 17.05.2013
Mr. Hassan El Basri has been elected as chairman of the Mediterranean Bank Network (MBN).
Source: Mediterranean Bank Network
 Islamic banking assets to surpass $1.8 trillion globally in 2013 - 05.02.2013
Global Islamic banking assets are forecast to cross $1.8 trillion in 2013 up from $1.3 trillion in 2011, Ernst & Young said in its World Islamic Banking Competitiveness Report 2013.
Source: zawya.com
 No more queues in front of ATMs - 23.01.2013
Reduced transaction duration is an important issue for customer satisfaction and for efficient use of Banking channels, especially at ATMs. Every measure taken to fasten cash withdrawals, most widespread used ATM transaction, is beneficial to both customers and banks.
 Swiss bank Wegelin & Co. to close after US tax evasion fine - 04.01.2013
Switzerland's oldest bank is to close permanently after pleading guilty in a New York court to helping Americans evade their taxes. Wegelin & Co., which was established in 1741, has also agreed to pay $57.8 million in fines to US authorities.
Source: BBC
 Banks seen shrinking for good as lay-offs near 160,000 - 16.11.2012
Major banks have announced some 160,000 job cuts since early last year and with more lay-offs to come as the industry restructures, many will leave the shrinking sector for good as redundancies outpace new hires by roughly two-to-one.
Source: Reuters
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