09/16/2015
BNP Paribas takes on a fifth of Colombian asset managers
The asset managers are a mix of local, regional and global players
Investment Banking
09/15/2015
Blockchain initiative backed by 9 large investment banks
The group is looking to channel data, ideas and financial backing to a start-up called R3CEV, a New York-based group of trading and technology executives.
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.