02/27/2021
The executives likely to move to new locations include Greg Guyett, co-head of global banking and markets, Nuno Matos, chief executive of wealth and personal banking, and Barry O’Byrne, chief executive of global commercial banking.
02/26/2021
Managers at HSBC communicate bonuses to staff between 23-26 February. Many in London who have been told their number said there was some disappointment
02/24/2021
2020 was a challenging year for everyone, but across the UK we saw people and communities come together to support each other and adapt to a completely new way of life.
02/22/2021
RBS International CEO Andrew McLaughlin (pictured) commented: “Colleagues across our six jurisdictions pulled out all the stops to support customers, each other and the community in an exceptional year.
02/22/2021
The bonus pool for 2020 stood at around £1.6 billion, up six percent.
02/19/2021
The EBRD’s new investment follows a record €893 million in financing to Turkish financial institutions in 2020 to support thousands of businesses across the country, providing the private sector with much-needed funds.
02/19/2021
Barclays warned that costs related to the pandemic will remain high throughout 2021, but that it expects loan loss charges to be “materially below” last year’s £4.8 billion hit.
02/16/2021
Bankers mull quitting as Brexit and Covid stress means ‘much longer hours’
More than 40% of senior City executives are considering quitting finance, according to an FN survey
02/14/2021
European Banks Use Pandemic to Clean House
Long resistant to change, Germany’s Commerzbank and others are slashing jobs, closing branches and forcing customers online
02/12/2021
The banking market is well on its way to change and the winners will be those who best can adapt to the new digital reality.
02/10/2021
We are therefore entering 2021 with confidence and determination with, as a priority, the execution of our strategic roadmap.
02/03/2021
In the same period last year, results included significant one-offs, such as gains related to the agreement it reached with Credit Agricole SA to combine their custody and asset-servicing operations.
02/02/2021
The European Bank has offices in Belgium, Denmark, France, Germany, Ireland, Italy, Luxembourg and the Netherlands
01/29/2021
Core income remains stable during the year (-0.1%) and increases by 2.8% compared to the third quarter
01/29/2021
With interest rates ultra-low, lenders will seek new ways to make money from retail customers
01/27/2021
The number of tech unicorns in Europe has surged over the last three years to around 200, according to Mr Gutman, highlighting the importance of spotting these companies early in the battle for private fundraising mandates and more lucrative work on initi
01/26/2021
The German bank’s latest troubles are a test for its senior management and for its main regulator, the European Central Bank.
01/22/2021
UBS will kickstart the earnings season for Europe’s major lenders on Jan. 26, having posted a 99% rise in net profit in the third quarter of 2020.
01/20/2021
The second wave of the coronavirus has caused even more suffering than was feared.
01/19/2021
The French group scored a big win in 2020’s rankings, but it has been here before. The real challenge lies ahead