05/03/2015
UBS and Credit Suisse could combine investment banks - investor
Knight told Reuters last year he believed UBS would eventually follow his advice and split off its investment bank.
Investment Banking
05/01/2015
RBS returns Qatar banking licence, country head departs
Royal Bank of Scotland has closed its branch in Qatar with its country head departing, RBS told Reuters on Thursday, the latest step in its withdrawal from the Middle East.
05/01/2015
Can Barclays' new chairman repeat Aviva magic ?
Welcome to Barclays, John McFarlane, here’s what life has to offer: a fresh £800m provision for rigging currency markets, taking the running total to £2bn
04/30/2015
Russia may become third largest AIIB participant – deputy minister
Russia could become the third largest participant in the China-led Asian Infrastructure and Investments Bank and enter its board of directors, said Stanislav Voskresensky, Deputy Minister of Economic Development.
04/30/2015
Lazard’s ‘Rock Star’ M&A Banker to go Global
Mr. Stern was previously chief operating officer of Lazard. Both are new roles, and according the statement the pair will continue in their existing positions.
04/29/2015
Deutsche's radical revamp foiled by ECB stress test
A radical plan for Deutsche Bank to become a pure investment bank and corporate lender was dropped after stress tests demanded by the European Central Bank
04/29/2015
BNY Mellon appointed trustee and principal paying agent for Commerzbank's first European CLO
BNY Mellon acted on more than a quarter of European CLOs in 2014
04/29/2015
Favourite staff at Barclays Investment Bank underperform horribly. Everyone squeezed
The ‘integrated origination verticals’ don’t seem to be working harmoniously after all.
04/29/2015
Bidders circle Russell Investments arm auctioned by LSE
The remaining strategic and private equity bidders include Towers Watson, the US human resources and risk management consultancy, and financial services group Ameriprise, which owns the UK’s Threadneedle Investments.
04/28/2015
BNI Europe Signs Credit Line of 500 Million Euros
BNI Bank Europe will sign on Thursday in Lisbon, a protocol of credit line of 500 million Euros, destined to support the commercial re-launch between Angola and Portugal
04/28/2015
Commerzbank to raise €1.4bn to boost capital
Commerzbank is to raise up to €1.4bn in capital in an attempt to strengthen its financial position, one month after paying a big fine to US regulators
04/27/2015
Spanish banks' overseas push reflects doubts on recovery at home
Flurry of attempts to buy foreign lenders reflects weak domestic market
04/27/2015
Credit Suisse said preparing €700m German portfolio sale
A unit of the Swiss bank, is reported readying a portfolio sale of 20 German commercial buildings valued at around €700m. CSAM has made no comment.
04/27/2015
Lloyds takes £640m hit from TSB's Spanish sale
Bank due to report fall in profits as it registers IT losses from Banco Sabadell's takeover of TSB
04/23/2015
Deutsche Bank supports Transport for London’s first green bond
Deutsche Bank announced that it will invest in Transport for London’s (TfL) GBP 400 million inaugural Green Bond issue, which the Bank will hold within its Green Liquidity Portfolio launched earlier in 2015
04/23/2015
Royal Bank of Canada Expands Paris Investment Bank Business
Royal Bank of Canada is expanding corporate and investment banking operations in Paris
04/22/2015
Societe Generale launches collateral management service
Societe Generale has launched “Tempo”, a comprehensive and innovative collateral management outsourcing solution aimed both at buy-side and sell-side market participants, including traditional and alternative asset managers, institutional inve
04/21/2015
Boutique investment bank Made Captain in Birds Eye Deal
Trying to replicate its U.S. strategy across the pond. So far, it seems to be working.
04/21/2015
EIB: From bad banking to good banking
Like many other public banks, the European Investment Bank leverages its own means by acting as a catalyst for private investment through various financial mechanisms. Too often, though, attempts to attract private capital result in unpredictable risks a
04/21/2015
Credit Suisse’s New Chief Has One Road to Follow
Capital pressures mean the bank should still pare back investment banking