07/09/2012
Investment bankers in Europe are girding for a second wave of job cuts in less than a year after the euro area’s debt crisis drove fees from mergers and securities underwriting to a nine-year low.
07/08/2012
The appointments are part of group chief executive Jonathan Polin’s change management programme, and what is described as an acknowledgement of the pair’s contribution in the group’s restructure.
07/08/2012
A Sun investigation uncovered the plan which will be greeted with fury by angry taxpayers.
07/05/2012
There is no guarantee the new cash injection, which the bank linked directly to the worsening backdrop in the euro zone, will offer a major boost to an economy officially in recession since late last year.
07/05/2012
Moody’s highlighted that senior resignations, including chief executive Bob Diamond, chairman Marcus Agius and chairman of the securities industry and financial markets association Jerry del Missier, meant that shareholders had uncertainty “su
07/05/2012
The ECB said Tuesday that it won’t accept any more government guaranteed bonds as collateral.
07/05/2012
Andrew Bailey, the head of the Financial Services Authority's bank supervision arm, was the senior regulator who warned Barclays' executives of failings in its culture, the Times reports.
07/03/2012
In a statement on its website, the ECB said it would cap at current levels the amount of government-guaranteed debt that banks can post as collateral in return for its loans.
07/02/2012
Chinese banks are steaming ahead of their UK and continental European counterparts in world rankings, according to findings released by The Banker magazine.
07/02/2012
The S-Group Bank will be transferred with a goodwill of zero Euro.
07/02/2012
UK banks continue to lose ground in terms of international strength and stature.
07/01/2012
The fees totalled nearly $14 billion in the second quarter, down from more than $18 billion in the first quarter of 2012. Year to date, fees have totalled $32 billion, down 25 percent from the same period in 2011.
07/01/2012
The Asian-focused bank, which is headquartered in London, is booking the hit to profits as the result of the bank levy, the cost of funding and other regulatory costs.
07/01/2012
The bank was hit with a fine of £290m by the Financial Services Authority for manipulating interest rates - while chairman Bob Diamond has faced calls to resign.
07/01/2012
As of June 30, WestLB will cease to exist as part of European Union conditions tied to a total 17 billion euros ($21 billion) of aid to bail out the bank following the 2008 financial crisis.
07/01/2012
French bank Credit Agricole is in talks to sell its loss-making Cheuvreux brokerage arm to financial services group Kepler Capital Markets, sources familiar with the matter said on Friday.
07/01/2012
The bank might move some loans in Italy and Spain to Belgium, in a bid to narrow a 40-billion-euro funding gap in those two countries, Bloomberg News reported Monday on its website, citing three unnamed sources.
07/01/2012
Citing two unidentified banking sources, the FT said on its website that National Bank of Greece, Alpha Bank and Eurobank EFG had indicated they were ready to make bids for Emporiki subject to getting approval from the Hellenic Financial Stability Fund.
07/01/2012
Asian banks stand ready to pounce on assets of European banks if they are up for sale.
06/27/2012
Lloyds is under pressure to sell or float the branches as a new independent bank