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
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’ 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 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
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 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
Back in 2012, BNP Paribas confidently told its investment bankers that it wouldn’t be making any more redundancies.
06/18/2015
French asset manager Amundi is set to be listed on the Paris stock exchange in the first major act of new Crédit Agricole chief executive Philippe Brassac.
06/18/2015
More regional business to be booked from Dubai, not Paris - exec
06/17/2015
British banks are falling behind US rivals in winning a place on big deals
06/15/2015
HSBC said its investment bank, known as global banking and markets, will sell $40 billion of legacy credit positions
06/15/2015
The investment banking, trading and asset management communities have not traditionally put a lot of value on MBA qualifications.
06/12/2015
One of the bankers who worked on the 2007 takeover of ABN Amro, a deal which led to the collapse of Royal Bank of Scotland, is poised for a return to advise RBS on its planned privatisation.
06/12/2015
We are in for a long wait. The spivs are in charge, boasting “if you’re not cheating, you’re not working hard enough”
06/11/2015
BBVA does not have a Brazilian unit, but has a non-controlling stake in Turkish lender Garanti Bank.
06/11/2015
HSBC said its investment bank, known as global banking and markets, will sell $40 billion of legacy credit positions, cut assets at its rates and markets division by $60 billion and reduce low returning loans by $40 billion, according to a presentation.
06/10/2015
A government draft plan sees Germany acquiring a stake in the China-led Asian Infrastructure Investment Bank that will make it the fourth largest shareholder of the lender. It'll also provide financial guarantees.
06/10/2015
The European Commission said on Tuesday that it had approved Latvia's project to create a financial institution to facilitate access to funding for small- and medium-sized businesses.
06/10/2015
As a result of this mandate, SGSS will provide settlement services on behalf of LCH.Clearnet in the Belgian, French and Dutch markets through its direct membership with Euroclear.
06/09/2015
The bank's co-CEOs was accused of falling behind rivals and was struggling to maintain profit flow