Spain's Santander, the euro zone's largest bank, said Wednesday that net profit fell 4 percent in the second quarter as an increase in revenues was wiped out by a surge in bad loans amid the economic crisis.
Total's net profit down 54 pct in 2nd quarter
Total SA added to the oil industry's worst midyear showing in years Friday as slumping global energy demand and falling prices caused its net profit to drop 54 percent in the second quarter.
Allianz net profit slips 7.4 pct
Insurer Allianz SE says net profit slipped 7.4 percent in the second quarter as the company took a loss of euro326 million ($460 million) on its holdings of Greek bonds.
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