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Barclays profit up as bad debt costs fall

Investment banking drags down Barclays Q4 profit
Barclays' key investment bank arm ended 2011 with its worst quarter for three years as the euro zone debt crisis hit bond trading, dragging the British bank's annual profit down on the year before. Barclays said on Friday it had cut bonuses at investment banking division Barclays Capital by 35 percent from the year before, and incentive awards across the group were down 26 percent. Barclays, the

DBS Q4 profit up 8 pct, posts record annual profit

DBS Group Holdings may face a stiffer challenge in 2012 as Asian economies slow, following a strong end to 2011 when it posted an unexpected 8 percent rise in quarterly earnings to achieve its

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Credit Suisse slumps to Q4 loss

Credit Suisse posted a surprise fourth-quarter net loss after taking almost 1 billion Swiss francs ($1.1 billion) of charges to speed cost cutting and offload risky assets to meet stiffer capital

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Telenor reports 4Q loss of India writedown

Norway's Telenor said Wednesday that a court decision in India to cancel all operating licenses of its Uninor subsidiary led to a 1.9 billion kroner ($330 million) fourth-quarter loss.CEO Jan Baksaas

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Cognizant Q4 profit jumps 18 %

Cognizant Technology Solutions Corp reported a fourth-quarter profit that beat Wall Street estimates, as revenue jumped 27 percent, and the IT services provider forecast a strong 2012. Separately,

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Genpact Q4 profit beats expectations

Business process and technology services provider Genpact Ltd posted a quarterly profit above analysts' expectations, helped by an increase in revenue from global clients, but forecast full-year

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Q4 Galleries

Infy declares Q4 results...

Q4 Videos

SBI registers drop in profits;...
SBI registers drop in profits; bank's chairman claims all is well

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