12/16/2013
UniCredit has been named Financial Advisor of the year in Italy and Central and Eastern Europe at the Financial Times and Mergermarket annual European M&A Awards yesterday.
12/16/2013
The company is to be run by 30-year industry veteran Inga Beale from January. Currently the chief executive of Canopius, a Lloyd's managing agent thought to be the subject of a takeover bid, Beale will replace Richard Ward who surprised the industry
12/11/2013
The management of Italy's Monte dei Paschi, which is trying to avoid state ownership, had hoped to carry out the cash call already in January.
12/09/2013
The Financial Times on Monday said HSBC was considering selling 30 percent of its UK arm.
12/08/2013
The British government said in October that it would accelerate the process of splitting up any bank that tries to circumvent new rules designed to ringfence their retail operations from riskier investment banking activities.
12/04/2013
This transaction is expected to have a minor impact (around -15 basis points) on BNP Paribas Group’s Basel III Common Equity Tier 1 ratio and to immediately have an accretive effect on its net income per share (2013 pro-forma).
12/01/2013
The deal, which needs approval from Russia’s Federal Antimonopoly Service, would make Aton the 100% owner of DUCM
12/01/2013
UniCredit, Intesa Sanpaolo and Monte dei Paschi di Siena have agreed to sell 59.3 percent of SIA
12/01/2013
The move was seen as particularly aimed at Chinese banks, who are looking to expand their European operations. London is attempting to become one of the leading hubs for yuan transactions.
11/28/2013
The next chairman of Lloyds Banking Group, Lord Blackwell, is expected to launch a further review of the business with the specific intent of ensuring a speedy sale of the taxpayers’ remaining 33% stake in the bank.
11/28/2013
Private equity firm Cerberus snaps up commercial assets worth £1.9bn
11/28/2013
Five RBI subsidiaries, Priorbank in Belarus and the Raiffeisen Banks in Croatia, Kosovo, Romania and Serbia had also reason to be happy last night, having received the local title as "Bank of the Year" in their respective countries.
11/28/2013
Blackwell will work closely with chief executive Antonio Horta-Osorio on the next three year strategic review.
11/27/2013
The retail bank will also open two offices in the Ile de France region, Reuters reported citing French daily Les Echos.
11/26/2013
Branch in Baghdad will allow Standard Chartered to offer full client banking in Iraq
11/26/2013
The company, which runs five investment funds, is currently processing more than 1,000 operations a day
11/24/2013
Compiled over the past six months, it focuses on claims against the bank's Global Restructuring Group, which deals with risky loans.
11/22/2013
The pair benefited from the return of short and long-term incentive schemes, which had been axed in 2012 after National Australia Bank said performance was “not where it needs to be”.
11/22/2013
An institutional roadshow is expected to begin as early as January, as TSB’s management team prepares to market the UK-focused retail bank to investors.
11/21/2013
The use of mobile apps and "self-service centres" can increasingly meet the needs of customers.