The upbeat results highlight how European banks have so far been able to shrug off the direct impact of the war on...
The Philippines imports nearly all its oil needs from the Middle East
Besides investment banking, the firm’s other main businesses there include trading, corporate and commercial banking as well as transaction services
The bank has reported a more modest 2.5% rise in trading revenues, with fixed income, currencies and commodities broadly stable
The firm’s 18 markets in Asia include Thailand, Singapore and South Korea
