HSBC profit rises to 8.21 billion pounds in 2006
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Global banking giant HSBC Holdings said Monday that its net profit rose by 4.7 percent to 8.21 billion pounds in 2006 from a year earlier.
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British Airways reported Friday a 22.4-percent increase in net profit over the first nine months of its financial year to 623 million pounds (1.2 billion dollars, 830 million euros).
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St George Bank, Australia&#39;s fifth-largest, says annual net profit rose 18 per cent to A$717 million ($782 million) on stronger housing and business lending and it forecasts double-digit
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The Royal Bank of Scotland (RBS) reports a pre-tax profit of Â£9.2bn for 2006 - 11% up on the previous year.
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HSBC Holdings PLC, one of the world's largest banks, said Tuesday that its underlying revenue growth slowed in the third quarter on a weaker performance in investment banking and an increase in bad loans.
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BP's annual profits rise 26% to $16.2bn (Â£8.7bn) as the company benefits from soaring oil prices.
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Standard Chartered has bank, reported on Tuesday that net profits soared by almost one fifth last year, helped by strong economic growth in its key Asian markets.
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Swiss Re has posted record net profits of 4.6 billion Swiss francs (2.88 billion euros, 3.80 billion dollars) for 2006, up 98 percent from performance in 2005.
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Westpac Bank has reported a record after-tax profit of $2.54 billion, a 16 per cent increase on the previous year&#39;s results. The bank has also announced a final dividend of 44 cents, taking the full-year dividend to 86 cents fully franked.
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The Bank of Ireland reported a 7.8 percent rise in first half profit Thursday but also revealed a significant rise in withdrawals at its asset management unit.
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High Street sales saw their strongest growth last month since mid-2006   despite recent rate rises, a report says.
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China Merchants Bank  , the country's biggest non-state lender, posted a more than 50 percent rise in its 2006 net profit, according to a copy of a speech by its chief executive Ma Weihua.
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Hewlett-Packard's troubled Enterprise Storage and Servers group bounced back to profitability during its most recent financial quarter, and the company as a whole saw revenue rise 8 percent to $21.4 billion, the Palo Alto, California, company reported Tuesday.
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The British economy has grown by 2.7 percent in 2006, in line with an initial estimate given last month.
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Barclays Bank announces a record pre-tax profit of Â£7.14bn in 2006 - up by 35% on the previous year.
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HBOS , Britain's biggest  mortgage lender, said profits are on track to rise 4 percent  this year but it will take a 180 million pound ($367.7 million)  hit on the value of assets due to the credit crunch, which will  also hurt margins.
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HSBC Holdings PLC, Europe's largest bank by market value, reported Monday that profit rose 5 percent in 2006 despite losses in its mortgage operation in the United States that led to the removal of two senior executives.