Finance Tart

Swiss banking giant UBS has today reported a net profit of SwFr2.0 billion (£1.2 billion, $1.9 billion) for the April to June period – exceeding analysts’ expectations.
The news will be welcomed by many investors after the bank was among one of the worst hit victims of the credit crunch due to its exposure to [...]

London-based bank Standard Chartered today issued a positive statement and said it is on target for a record profit this year.
The bank, which has a strong presence in Asia, said that in the 11 months to the end of November it had delivered a strong performance with “record levels of income and operating profit before [...]