- On an underlying basis, business income reached €423 million, an increase of 2% year-on-year. When excluding an exceptional billing adjustment, underlying business income would have increased by 3% compared to last year.
- Quarterly underlying interest income increased by 19% to €283 million driven by prevailing interest rates.
- Underlying operating expenses increased by 5% to €321 million. Following a step-up in investment in 2023 to support our strategic ambition to enhance digital capabilities and IT infrastructure, expenses growth is trending back towards the 'through-the-cycle' target of 4-6% on a full-year basis.
- Underlying operating profit increased by 12% to €385 million and underlying net profit increased by 13% to €289 million, supported by a very robust business performance and helped by sustained high interest rates.
- Underlying earnings per share rose by 13% to €91.8 per share, reflecting the continued increase in net profit.
- Underlying EBITDA margin increased by 1.7 percentage points to 58.7% on year-on-year basis.
- The impacts of Russian sanctions are highlighted in a dedicated section at the end of this press release.
FTSE Mondo Visione Exchanges Index:
News Centre
-
Date 30/04/2024
CFTC Approves Final Rules On Large Trader Reporting For Futures And Options
The Commodity Futures Trading Commission today announced approval of final rules to amend its large trading reporting regulations for futures and options. These regulations require futures commission merchants, clearing members, foreign brokers, and certain reporting markets (reporting firms) to report to the Commission position information for the largest futures and options traders.
-
Date 30/04/2024
Report On Foreign Portfolio Holdings Of U.S. Securities At End-June 2023
The final results from the annual survey of foreign portfolio holdings of U.S. securities at the end of June 2023 were released today on the Treasury website. The survey was undertaken jointly by Treasury, the Federal Reserve Bank of New York, and the Board of Governors of the Federal Reserve System. The next survey will cover holdings at the end of June 2024; preliminary data are expected to be released by February 28, 2025.
-
Date 30/04/2024
Binance's Former CEO Changpeng Zhao Sentenced To Four Months In Prison
Changpeng Zhao, the former CEO of Binance, the world's largest cryptocurrency exchange, was sentenced to four months in prison on Tuesday for pleading guilty to breaches of U.S. money laundering laws. The sentence was delivered by U.S. District Judge Richard Jones in Seattle, who decided against the prosecution's request that Zhao, aged 47, serve a three-year sentence, double the maximum suggested by federal guidelines.
-
Date 30/04/2024
US Department Of Justice: Early Bitcoin Investor Charged With Tax Fraud - Man Known As “Bitcoin Jesus” Evaded Nearly $50M In Taxes
An indictment was unsealed yesterday charging Roger Ver, an early investor in bitcoins, with mail fraud, tax evasion and filing false tax returns. Ver was arrested this weekend in Spain based on the U.S. criminal charges. The United States will seek Ver’s extradition to stand trial in the United States.
-
Date 30/04/2024
ETFGI Reports Assets Invested In Actively Managed ETFs Listed Globally Reached A New Record of US$838.00 Billion At The End Of March
ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs ecosystem, reports assets invested in actively managed ETFs listed globally reached a new record of US$838.00 billion at the end of March. Actively managed ETFs reported net inflows of US$25.31 billion during March, bringing year-to-date net inflows to US$71.53 billion, according to ETFGI's March 2024 Active ETF and ETP industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)
-
Date 30/04/2024
Statement Of CFTC Commissioner Caroline D. Pham In Support Of Swap Dealer Financial Reporting Rule
I support the Capital and Financial Reporting Requirements for Swap Dealers (SD) and Major Swap Participants (MSP) Final Rule (SD Financial Reporting Rule Amendments) because it aligns the timing of financial reporting for entities that have a bank regulator or are registered with the Securities and Exchange Commission (SEC). This simplifies the filing process for these reports to minimize unnecessary costs and administrative burdens. I would like to thank Jennifer Bauer, Andrew Pai, Maria Aguilar-Rocha, Christine McKeveny, Josh Beale, Tom Smith, and Amanda Olear in the Market Participants Division for their work on the SD Financial Reporting Rule Amendments. I truly appreciate the time staff took to discuss my questions and concerns.
-
Date 30/04/2024
Statement Of CFTC Commissioner Kristin N. Johnson: Ensuring Effective Capital And Financial Reporting Requirements For Bank Swap Dealers And Major Swap Participants
Today, the Commodity Futures Trading Commission (Commission or CFTC) adopts a final rule to amend certain of the Commission’s Part 23 regulations. The Commission introduces updates that underscore the critical importance of capital and reporting rules in maintaining the integrity and stability of swaps markets and broader domestic and global derivatives markets. These regulations aim to mitigate known systemic risk concerns.
-
Date 30/04/2024
CFTC Approves Final Rule Amending The Capital And Financial Reporting Requirements Of Swap Dealers And Major Swap Participants
The Commodity Futures Trading Commission today announced it has approved a final rule that amends the capital and financial reporting requirements of Swap Dealers (SDs) and Major Swap Participants (MSPs).
-
Date 30/04/2024
Euroclear Achieves Strong First Quarter Results
Financial highlights (excluding impacts from Russian sanctions)
-
Date 30/04/2024
BIS: Basel Committee Publishes Consultation On Guidelines For Counterparty Credit Risk Management
- Basel Committee has published a consultation on guidelines for counterparty credit risk management.
- The proposed guidelines include key practices critical to resolving long-standing industry weaknesses in counterparty credit risk management.
- The Committee invites comments by 28 August 2024.