Danske Beats Estimates
World Economy

Danske Beats Estimates

Denmark’s Danske Bank reported profit that beat analyst estimates last quarter as Denmark’s biggest bank was able to navigate through negative interest rates and volatile markets. Net income slipped 1% to 4.78 billion kroner ($730 million) in the three months ended March 31, beating the 4.52 billion-krone estimate of analysts surveyed by Bloomberg. Net interest income was little changed while total revenue slipped 9%, Danske said on Friday. “Despite challenging financial markets and negative short-term interest rates, we had a satisfactory start to the year,” Chief Executive Officer Thomas Borgen said in a statement.

Short URL : http://goo.gl/9hLqwT
  1. http://goo.gl/ltqemf
  • http://goo.gl/H1v7zl
  • http://goo.gl/Aq0duP
  • http://goo.gl/QH7R0J
  • http://goo.gl/8Lnvda

You can also read ...

Bithumb Hacked, $32m in Cryptocurrency Stolen
Cryptocurrencies dropped after the second South Korean...
Washington in March imposed tariffs of 25% on steel and 10% on aluminum, in a move mainly aimed at curbing imports from China.
Russia said on Tuesday it would impose import duties on US...
Saudi Arabia, which employs about two-thirds of its citizens, is chipping away at a budget deficit that ballooned to almost 16% of GDP after the oil shock of 2014, while FDI slumped more than 80% last year.
Show up, swipe in. The routine is familiar to office workers...
South Korea to Grow 3 Percent
The Organization for Economic Cooperation and Development has...
World Shares Snap Five-Day Losing Streak
World stocks steadied near three-week lows on Wednesday and...
Egypt to Get $2b From IMF in July
Egypt is set to be given the fourth $2 billion tranche of the...
European businesses say it has become harder to do  business in China over the past year.
European companies complain they still face a tough business...
Optimistic Outlook for Scotland’s Economy
Scotland’s economy could recover this year, but businesses are...