Of protestive months in hong kong put the country and financial recession. Shery u. S. Futures unchanged at the moment after we had the s p 500 lower by. 3 . We had industrials and materials reading declines. Of course, we had concerns over trade negotiations between china and the u. S. , not to mention the weaker than expected manufacturing number and also jobless claims rising more than expected. We did get facebook and apple rising after earnings, and that offset some of the losses we saw across the board, but it still was not enough, so we had the nasdaq falling. 1 and the dow using more than 100 points. Lets see how things are shaping up in asia. Sophie after ending the best futuresnce june, pointing lower, kiwi shares off by. 2 as we wrap up a busy week of ecodata and earnings. Alibaba is to report later today. Data from china and korea will likely signal further economic weakness. A survey of chinese pmi in inober might see a pullback october. Were also going to get a bunch of p
With hundreds of job cuts in its trading division. Banks either trading revenue slump. Banks see they are trading revenue slump. Matt we have breaking news out of the financial industry. Profitpany sees pretax materially below 2018. 2019 will be a big drop in pretax profit. The first half net fee and Commission Income was 171 million francs. Pretax profit was 2. 1 million swiss francs. Just. E money it has named a new ceo, Peter Sanderson will be the new ceo of gam. They are also lending a new chairman of the board, david jacob. Gam has assets under management 6. 1 billion swiss francs. It will have a pretax profit materially below that published in 2018. Nejra i am looking at the i. T. Services Company Gemini seeing in operating margin of 12. 3 to 12. 6 and the revenue change up 5. 5 to 8 . Second Quarter Sales up 5. 7 , first half revenue at seven. 01 billion euros. Cash flow over 1. 1 billion euros from cap gemini. , youll speak to the ceo can catch that interview at 9 30 london tim
Alternative performance measures Nordea group first quarter 2023 insurancenewsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancenewsnet.com Daily Mail and Mail on Sunday newspapers.
Seylan Bank made a
steady start in 2021 by posting a Profit After Tax (PAT) of LKR 1Bn in Q1 2021
amidst macro-economic challenges brought in by the COVID-19 pandemic.
Statement
of Financial Performances
Interest income
recorded a decline due to the lower interest rates and moderate book gro
Income Statement
Interest Income of the Bank stood at LKR 52.3Bn while interest expenses stood at LKR 32.8Bn reflecting a Net Interest Income (NII) of LKR 19.5Bn with an annual growth of 4.6% in the year under review. The main contributor for NII was the loans and advances portfolio that generated interest income of LKR 41.7Bn during the year whilst the Treasury operations generated LKR 8.5Bn in interest income. Interest expenses on deposits stood at LKR 27.8Bn recording a decline from LKR 30.7Bn from the previous year. Deposits that were re-priced during the year helped the Bank to reduce its funding cost.