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Danske Bank makes more money on trading

  Bloomberg The Nordic region’s best-performing bank said first-quarter profit jumped 12 percent, a better result than analysts had expected, as income from trading grew. Danske Bank A/S reported net income of 5.53 billion kroner ($808 million) for the period, compared with a 4.52 billion-krone estimate in a survey of analysts compiled by Bloomberg. Net interest income rose 9 percent, ...

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Lebanon’s Blom Bank hits $112mn net profit in Q1

  BEIRUT / Reuters Lebanon’s Blom Bank reported a 3.5 percent year-on-year rise in first-quarter net profit, it said in a statement on Saturday. Net profit for the three months to the end of March was $112.03 million, it said. The bank had reported a $108.23 million net profit for the same period a year ago. It is Lebanon’s second-largest ...

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Bombardier fires back at Boeing in jet pricing fracas

  Bloomberg Boeing Co.’s allegations that Bombardier Inc. sold C Series passenger jets at unfairly low prices are ‘absurd,’ the Canadian planemaker said, raising the volume in an increasingly noisy relationship between the US and Canada. Boeing’s contention that Delta Air Lines Inc. purchased jets for $19.6 million apiece, ‘is plain wrong,’ Bombardier spokesman Bryan Tucker said in an interview. ...

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