03/13/2013
Commerzbank to cut government stake
In 2008 and 2009, Germany invested around 16.4bn euros in Commerzbank as it struggled to integrate the distressed Dresdner Bank into the group.
03/12/2013
Adjusted income for the full year came to 1.47 billion euros, slightly higher than the 1.45 billion euros earned in 2011.
03/11/2013
Blackstone, Lone Star and Starwood Capital have expressed interest in buying all or part of Eurohypo
03/07/2013
JPMorgan Asset Management set to remove the UK from European income trust mandate
03/06/2013
N+1 launches investment banking activity in Germany
In 2012, the investment banking division of N+1 Group closed 78 transactions in the UK, Spain, Italy, France and Turkey.
03/05/2013
As announced on 9 October 2012, the transaction is a result of ING's continuous evaluation of its portfolio of businesses and is in line with ING's strategic objectives of sharpening the focus of the bank and further strengthening its capital po
03/03/2013
BNP, which is also eyeing an expansion drive in Asia, has changed its regional business model to focus more on advisory rather than just lending for big projects, said Jean-Christophe Durand, the bank's chief executive for the region.
02/24/2013
The Royal Bank of Scotland is to reduce the size of its investment bank by as much as £30bn
02/24/2013
The bank is drafting a resolution which will be put to shareholders at the annual meeting, so the board can issue the bonds.
02/24/2013
RBS to start selling stake in RI’s Citizens next week
Citizens’ future has been in question ever since U.K.-based RBS, which bought Citizens in 1988, was rescued by the British government in the fall of 2008 at the height of the financial crisis.
02/20/2013
The move follows the bank's announcement in December 2011 that it would stop trading commodities.
02/20/2013
The bank is now planning a three-year turnaround plan to try to revive its fortunes.
02/20/2013
Dubai is aiming to become a global capital of the Islamic economy.
02/19/2013
Banks are re-designing themselves for the new world
02/19/2013
The fiscal year 2012 was marked by a number of one-off effects
02/19/2013
Botin, 79, still earned just over 3 million euros ($4 million) for last year, including bonuses in cash and shares of 1.4 million euros, some of which is deferred.
02/18/2013
A key Dutch asset management firm is snapped up by a Japanese financial firm keen on expanding into Europe.
02/17/2013
KBW lost money last year but Kruszewski has defended KBW as ripe for growth as bank directors become more confident in the economy
02/14/2013
Coming in now, when there is scarcity of capital, we can start to bank U.K
02/14/2013
The deal will be the biggest acquisition ever by Orix