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UniCredit Quarterly Net Falls on Lower Revenue, Greek Bonds

Net income fell to 114 million euros ($152 million) from 321 million euros a year earlier, the Milan-based company said in a statement Tuesday.

SocGen Said to Create New Financial Institutions Unit

The unit will be led by Pierre-Yves Bonnet, currently global head of strategic and acquisition finance at the bank, said the people, who declined to be identified because the plans are private.

Wealthy Russian banker stable after attack

A wealthy Russian banker remains "critical but stable" under armed guard in hospital today after being gunned down in a suspected assassination attempt.

Fears that top rate tax cut will not keep HSBC in UK

But he said the chancellor’s decision to also increase the banking levy – to 0.105 per cent of the value of banks’ global balance sheets from 2013, up from a charge of 0.088 per cent – could result in banks paying more tax rather t

Bank of China to launch Warsaw branch

Prior to joining the Bank of China, Komasa worked for the Polish Information and Foreign Investment Agency (PAIiIZ), encouraging links between the two countries.

Deutsche Bank publishes Annual Report 2011

Deutsche Bank has published its annual report for 2011.

German regulator vetoes key Deutsche Bank exec

One source told Reuters BaFin felt Broeksmit did not have a sufficient leadership track record at Deutsche, which on Friday named three new members to its seven-member management board.

HSBC growing organically in Turkey, acquisition possible

Dexia has been seeking about 1.5 times Denizbank’s book value, people with knowledge of the process said last month.

UK should not delay too long on RBS sale -Hester

"The faster the government starts selling its stake, the better for everyone," RBS CEO Stephen Hester told Reuters on Thursday.

European client pans Goldman slowness to reassure clients

Joining a growing chorus of criticism, one of Europe's largest asset managers lashed out at Goldman Sachs Group Inc for not communicating quickly enough with clients after ex-banker Greg Smith publicly condemned the way the bank treats clients.

JPMorgan staff told go easy on Goldman's Muppetgate

It's not the way we do business," Dimon said in the memo, a copy of which was seen by Reuters.

UniCredit may look at Denizbank

Meanwhile, Tefvik Bilgin, head of Turkey’s banking regulator BDDK, said late on March 8 that he was liverish by the delays in the sell-off procedures of lenders, calling for Dexia to finalize tle sale of Denizbank.

HSBC's Flint rubbishes 'shadow banking' term

The so-called shadow banking industry refers to the arena in which specialist investment firms, including private equity houses and hedge funds, facilitate the creation of credit to the traditional banking sector on a lightly regulated scale.

Saxo Bank Continues to Profit

With Net Profit of DKK 618 Million, the Investment Specialist Stays on the Course From the Previous Record Year

Riksbank: Sweden's Bank Profits Good For County's Stability

Riksbank Governor Stefan Ingves said in an interview with Swedish daily Svenska Dagbladet that the profits made by Sweden's banks are good for the country's financial system.

BBVA to acquire bailed-out Spanish bank

BBVA will also be shielded from most losses on Unnim’s real estate holdings, a spokesman for the Bilbao, Spain-based bank said in a telephone interview.

Brazil overtakes UK to become world's sixth-largest economy

By CEBR's calculations, Brazil's GDP totalled $2.469 trillion (£1.568 trillion) in 2011, while UK GDP was $2.420 trillion.

Royal Bank of Scotland moves jobs to India Close

RBS, which is 82-per cent owned by the government, has slashed about 34,000 jobs since it was bailed out by the state in 2008.

London firms call on new Mayor to invest in the city

London First’s chief executive, Baroness Jo Valentine, said: “We expect the incoming Mayor to support measures that not only bring jobs and prosperity, but ensure that London is truly open for business.”

BBVA to open Representative Office in the Middle East

BBVA has obtained authorization from the Central Bank of UAE to open a Representative Office in Abu Dhabi to provide support for the bank’s large customers and institutional clients.

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