04/07/2021
JP Morgan CEO Jamie Dimon: London must reinvent itself as EU rivals fight to take its crown
A deal between the UK and the European Union is still yet to be finalised.
Investment Banking
04/06/2021
World’s Best Investment Banks 2021: M&A
Last spring’s seize-up in the global M&A market eased as companies rethought their business plans and sought a leaner profile.
04/06/2021
World’s Best Investment Banks 2021: Global Winners
Despite Covid-19, 2020 was a banner year for investment banking, with IPOs and bond issues standing out.
03/31/2021
Deutsche Bank launches green deposits for its corporate clients
Corporates need to fulfil certain eligibility criteria such as minimum deposit amount and certain level of ESG ratings to use the bank’s green deposits programme.
03/31/2021
Morgan Stanley technologist explains why he doesn't want to return to the office
"I for one do not look forward to a return to the office," he said two days ago, alongside a photograph of Canary Wharf Station at rush hour.
03/31/2021
Numis expects 75% revenue boost post pandemic as investment bank fees surge
Numis said its performance was helped by a strong IPO market
03/29/2021
Smaller banks have the happiest customers with complaints and queries a huge challenge for major banks in the pandemic
Others such as Allied Irish Bank and Bank of Ireland have improved.
03/29/2021
Commerzbank Nominates New Board Chairman Amid Turmoil at Top
Gottschalk is former supervisory board chairman of DZ Bank
03/26/2021
Deutsche Bank chief Sewing prepared to give up investment bank role
The investment bank is the German lender’s main profit driver, but also represents risk for a bank that is deemed systematically important for the functioning on the global financial system.
03/19/2021
Deutsche Bank first-quarter investment bank revenue up 20% so far
Campelli, speaking at a banking conference broadcast online, said that the rise in revenue in the investment bank was across business lines.
03/12/2021
BNP Paribas to fully acquire Exane as it looks to take spot in European equities
Move to acquire the remaining 50% stake in Exane follows BNP Paribas’ major deal with Deutsche Bank to take on its electronic equities and prime brokerage clients.
03/12/2021
HSBC Bosses Try to Quell Banker Anger Over Cuts to Bonuses
The executives told employees that the pandemic had eroded the bank’s overall performance and, combined with the stark economic backdrop, meant it couldn’t pay more, said the people, declining to be named detailing a private call.
03/10/2021
Uncertainty as Citi, Barclays snipe unwanted employees
Barclays isn't the only bank judiciously trimming staff this week
03/09/2021
Goldman Sachs wants interns in the office this summer as rivals stay virtual
Investment banks are starting to make calls on whether to bring thousands of graduate recruits into the office this year
03/05/2021
SocGen to Cut Investment Bank Bonuses 20% After Trading Hit
The sweeping cuts cap a damaging year for Chief Executive Officer Frederic Oudea
03/02/2021
BBVA, the world’s best investment bank for sustainable finance
Global Finance has named BBVA the best investment bank for sustainable finance in the world, a global recognition of its constant efforts to offer its clients a wide range of investment banking products and solutions, and accompany them in their transitio
03/02/2021
UK banks face savings glut on road to pandemic recovery
Britain's big four banks amassed more than 200 billion pounds (US$277.52 billion) of new deposits last year as customers reined in spending through pandemic lockdowns, far outstripping extra lending to struggling businesses and households.
02/28/2021
Barclays set to shed investment bank offices
Chief executive wants to welcome staff back to the office, but wants a tenant for its investment banking hub
02/27/2021
HSBC to slash jobs at London equities trading division
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
HSBC shrinks bonuses for London investment bankers by up to 20%
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