06/30/2015
New Deutsche Bank chief under pressure to reverse fortunes fast
John Cryan will have to hit the ground running at Deutsche Bank when he officially starts as chief executive on Wednesday.
Investment Banking
06/30/2015
New CEO John Cryan Brings a Culture Change to Deutsche Bank
The former UBS CFO, who has a reputation as a cost-cutter, needs to trim the German group’s investment bank without undermining its profit potential.
06/29/2015
Credit Suisse and ING mull cutting back London office
Credit Suisse and ING have warned the UK Treasury in pre-Budget talks that they are considering pulling some of their activities out of London
06/29/2015
Meet the top Greek investment bankers of the world
Measured in terms of deal volume, M&A was up 50% in Greece in 2014
06/29/2015
German, Dutch banks 'well-prepared' for Greek financial ructions
German and Dutch banks said on Sunday said they were fortified against possible financial turmoil in Greece this week after the country announced it would keep banks closed on Monday and would introduce capital controls.
06/28/2015
Global banking recruiters return to campus
Recruiters in the global banking centres of New York, London and Hong Kong are taking advantage of a burst of economic optimism and returning to campus, reuniting the global alliance of business school and investment bank.
06/26/2015
Barclays scrutinises investment division
John McFarlane, the new chairman of Barclays, grilled senior executives from the investment bank yesterday over progress in the restructuring of the troubled division.
06/26/2015
Investment banks need nicer people…to be replaced by computers
Something has to change. Many have pointed this out, and in a wide-ranging report on the future of investment banking, EY has come up with a list of suggestions on how the industry needs to develop.
06/25/2015
Barclays in Talks to Sell Private Equity Unit to Management: Source
Barclays last year put BNRI into its book of businesses that it intended to sell or run down, saying it was not strategically important for the bank.
06/22/2015
Goldman Sachs To Advise UK On Bank Sales
Sky News has learnt that Goldman was hired as the privatisation adviser to UK Financial Investments
06/22/2015
Goldman Sachs Interns No Longer Allowed To Work Past Midnight
Investment banking firm Goldman Sachs has rolled out a new policy disallowing its summer interns from working past midnight
06/22/2015
Gazprom, UniCredit Austria Ink €300 Million Loan Deal
The agreement was signed by Andrei Kruglov, Gazprom Vice Chief of the Board, and Mikhail Alexeev, UniCredit Bank Austria Chief of the Board
06/22/2015
Ministers To Sell Stake In State's Green Bank
The Government is looking to offload a stake in the Green Investment Bank three years after its launch, Sky News learns.
06/22/2015
Ex-Barclays CEO Has a Rival as Eyes Africa Bank Deals
Ex-Barclays Plc Chief Executive Officer has a rival: Spanish billionaire Alberto Cortina, who is building a banking presence in West Africa
06/22/2015
Banking interns have had their pay revised upwards
The increases are understood to apply at top US banks like Bank of America Merrill Lynch and Goldman Sachs, as well as at European banks like Credit Suisse and Barclays.
06/22/2015
Barclays’ investment bank faces board scrutiny
Barclays’ underperforming investment bank will be in the spotlight this week as its head makes a critical board presentation aimed at helping the group’s new chairman determine if more restructuring is needed.
06/19/2015
Barclays to refocus US mortgage trading
Barclays Plc will no longer make markets for mortgage-backed bonds issued prior to the financial crisis as they have become less profitable under tighter British regulations on these securities, a bank spokesman said on Wednesday.
06/19/2015
Europe's banks head to Asia amid US$1 trillion capital shortfall
European banks are heading to Asia for capital as new rules at home demand they sell more than US$1 trillion of equity and subordinated debt to increase loss buffers.
06/19/2015
Deutsche Bank set to move staff
Deutsche Bank is preparing to move about 4,000 back office workers from five buildings in the City of London financial district to one in Canary Wharf in the east of the capital, where much of Britain's financial sector is now based.
06/19/2015
Widespread exits from BNP Paribas CIB before redundancies hit
Back in 2012, BNP Paribas confidently told its investment bankers that it wouldn’t be making any more redundancies.