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Investment Banking

09/14/2015

RBI’s Czech subsidiary to acquire Citibank’s Czech retail business

The transaction, which is still subject to customary and regulatory approval, is expected to close in the first quarter of 2016

09/14/2015

HSBC latest to withdraw as nomad on Alternative Investment Market

HSBC hasn't had any clients on the market for over a year, and decided not to continue paying for the nomad licence.

09/14/2015

EIB agrees billion pound backing for London transport

The EIB said it has provided billions of pounds of investment that has transformed transport in London in recent years

09/13/2015

RBS appoints BoAML to ready 2016 listing of Williams & Glyn

RBS was ordered to sell Williams & Glyn, which comprises 314 branches and is focused on lending to small businesses

09/13/2015

ABN Amro raises financial targets, awaits IPO green light

The target increases are more a reflection of reality than ambition, as most of the new goals have already been surpassed.

09/13/2015

Amundi picks banks for $8 billion French listing

The timing for analyst meetings has not yet been confirmed, one of them added.

09/11/2015

Deutsche Bank CEO to shy away from 'big bang' reform at board summit

Cryan’s ability to reform is constrained by factors that include costly litigation and fallout from turmoil in Asian markets.

09/10/2015

UK auditors sound public-sector debt warning

Watchdog raises fears of £200m shortfall, saying ministers have failed to control government financial assets properly

09/10/2015

Ashmore Investment Management Wins SimCorp Growth Management Excellence Award

Between June 2010 and June 2015, Ashmore increased assets by 62%

09/07/2015

Investment Bank AXA Eyeing Bitcoin for Remittance Market

Others are exploring custom technologies via in-house R&D

09/07/2015

Standard Chartered share price drops to six-year low amid Iran worries

Last month, the bank cautioned that it may incur “substantial monetary penalties” from the DoJ investigation.

09/07/2015

Lloyds Banking Group shares are the ideal income investment right now, due to the potential for dividend growth, says top fund manager

The key to the investment case for this stock is that the company has pricing power.

09/07/2015

Barclays Sells Loan Portfolio to Investor Group Led by Goldman Sachs

Barclays is undertaking a restructuring that has slashed the size of its investment bank.

09/06/2015

British deal boom pushes Lazard back into the black

The investment bankers raked in a healthy profit as British and European M&A surged and more firms tapped the stock market

09/05/2015

Top Right Group lines up investment bankers to lead £1bn float

Top Right, owned by the Guardian Media Group and private equity firm Apax, is being prepped to IPO

09/03/2015

Societe Generale Securities Services to offer fund services in the UK

We are now delighted to be able to extend this expertise to the UK

09/03/2015

Investment bank income seen down 19 per cent in Q3 from rocky markets

Some market volatility can boost investment banks' revenue by increasing trading activity in foreign exchange, equities, and other products

09/03/2015

Citigroup Vends Consumer Banking Business in Hungary

Regulatory pressure over Citigroup’s global operations and concerns of weak returns forced the bank to make this move.

09/03/2015

Can Sir Howard Davis rescue RBS? From fines and losses to stricter rules and stake sell-off, here are the biggest challenges for bank's new chairman

Having relinquished his role as chair of the Airports Commission following the publication of its controversial report

09/03/2015

HSBC opts for most boring name change imaginable

It had been speculated that the bank was toying with the name "Midland", the chain it acquired in the early 1990s.

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