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
06/08/2015
French bank BNP Paribas is targeting a return on notional equity (RONE) at its investment banking business of 20 percent in 2019, up from 16 percent now
06/08/2015
A deeper rethink of where the bank operates is needed to restore investor confidence
06/08/2015
BNP Paribas Investment Partners has announced the addition of three innovative Socially Responsible Investment (SRI) strategies to its Parvest range, investing in themes considered to be key future social, economic and environmental challenges.
06/05/2015
Under new leadership, the Institute of Religious Works is looking to progress from handling deposits to asset management.
06/05/2015
Rule 5: "Never take your jacket off at work. This is investment banking, ladies and gentlemen."
06/05/2015
The company also chose Barclays Plc, Credit Suisse AG and UBS as bookrunners on the deal
06/05/2015
The MoU was signed in the presence Mr. Mark Rutte, Hon'ble Prime Minister of Netherlands
06/04/2015
The investment-banking sector has faced numerous new and substantial challenges over the past few years. European investment banks have suffered the most strain.
06/04/2015
HSBC Holdings Plc is poised to announce deeper cuts at its investment bank as part of a plan to revive profitability that Chief Executive Officer Stuart Gulliver will present next week.
06/04/2015
To achieve this goal, France's biggest listed bank plans to increase revenue by 7 percent and cut costs by 20 percent, the paper reported, citing union sources who spoke of a strategy briefing given by the bank on Tuesday.
06/03/2015
Goldman Sachs Group Inc. and Citigroup Inc. are among securities firms that have seen Russian investment banking commissions evaporate this year as sanctions and the country’s economic slump bring business to a halt
06/03/2015
The bank’s rate cut comes in the same week that it was fined almost £1m by Hong Kong’s securities regulator
06/03/2015
That's one reason they were eventually scooped up by Deutsche Bank in 2002 and Bellaro was promoted inside the German banking giant.
06/01/2015
Credit Suisse Group AG plans to expand its equities sales and research team in Saudi Arabia as the Arab world’s largest bourse opens to direct foreign investment.
05/28/2015
U.S. banks made strong gains on their European rivals.