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Reinsurance company Swiss Re said on Thursday that it would exit its loss-making digital white-label business after a strategic review and could incur restructuring costs in the coming quarters. ...
Germany's Commerzbank posted a better-than-expected 29% rise in first-quarter net profit on Wednesday, its strongest quarterly profit in a decade, and raised its outlook for net interest income...
Germany's Commerzbank posted a better-than-expected 29% rise in first-quarter net profit on Wednesday, its strongest quarterly profit in a decade, and raised its outlook for net interest income...
Germany's Allianz posted a better-than-expected 22% rise in first-quarter net profit, helped by strength in its property and casualty insurance business, the company said on Wednesday. ...
The property lender Aareal earmarked an increase in risk provisions for soured loans in the first quarter as troubles in the U.S. commercial real estate market continue. The bank, which...