French lender Societe Generale reported a 7.8 percent rise in net profit on Friday, while adding to its litigation provisions.
Frédéric Oudéa, CEO of Société Générale, says the company is "adapting" to the tense situation in Russia, but is confident about its long-term plan in the country.
Frédéric Oudéa, CEO of Société Générale, says the slew of banking litigation cases is a "risk" for the industry.
Frédéric Oudéa, CEO of Société Générale, says the second-quarter results posted by the bank were "strong".
A spike in U.S. Treasury yields may spur fears of another emerging markets rout, but analysts are divided on whether there's much correlation.
After suffering an extended bout of bearishness, China shares in unloved sectors are climbing and analysts expect the rally can continue.
Even before tougher sanctions against Russia hit the books, the country faces potential hits as investors turn their backs on its financial assets.
Hopes are high for Indonesia's Joko Widodo, and he now faces the task of implementing reforms while appeasing coalition partners.
China shares may be seeing a flood of bullish calls after years of underperformance, but some analysts remain solidly pessimistic on the market.
Volatility measures suggest investors feel complacent, but a wedge of looming swans may disrupt the calm this summer, Societe Generale said.
Shrinking spreads between emerging market bond yields and U.S. Treasurys' may spur bubble fears, but some analysts don't see any reason for alarm.
The Bank of Japan on Tuesday stuck to its stimulus program and projections that inflation will reach its 2 percent target next year, but bit trimmed its 2014 growth target.
A central bank decision in Japan and second-quarter gross domestic product (GDP) from China will be the key events in Asia this week.
Chinese authorities' use of targeted stimulus measures deepened risks in the housing market, according to Societe Generale.
Investors poured funds into Japan stocks last year on hopes of more Bank of Japan easing, but it looks like next week's meeting will disappoint again.
Crude rose as profit-taking on an extended losing streak momentarily outweighed the prospect of solid supply and weak U.S. gas demand.
Commerzbank may pay between $600 and $800 million to resolve investigations into its dealings with countries under U.S. sanctions, sources said.
BNP pleaded guilty to conspiring to violate U.S. sanctions, as part of a nearly $9 billion settlement in which it admitted to breaking embargoes.
Emerging market bonds have been hot this year, erasing price falls following last year's "taper tantrum," but some say the rally may be getting old.
Although hopes are high as the second quarter earnings roll out, revenue growth looms as a potential problem.