09/25/2020
SocGen’s maths geeks built an empire: do the sums still add up?
The French bank became the world leader in equity derivatives but the products are no longer seen as safe
Investment Banking
09/25/2020
Breakingviews - How to build a European JPMorgan
That lack of scale worries the continent’s bank executives, but should also concern finance ministers like Germany’s Olaf Scholz and France’s Bruno Le Maire.
09/23/2020
JPMorgan to Move $230 Billion Assets to Germany Under Brexit
Migration will make the U.S. firm a top 10 bank in the country
09/18/2020
Brokers baffled by Barclays’ LTI move
Mr Gill commented it had “long been” part of the understanding between a client, broker and lender that once an application was submitted, the rate and terms were “secured”.
09/16/2020
Spanish Premier Picks the Risky Option Backing Catalan Bank Deal
Deal would give government a board seat at the new institution
09/11/2020
Despite COVID, junior bankers' compensation hiked to £86k+
Second year analysts had their total compensation held steady this year. However, first year analysts weren't alone in receiving a pay bump: third year analysts had pay increased too.
09/11/2020
Deutsche Bank will Pay $583K to Settle Violation of Sanctions
The release explained that at the time Deutsche Bank processed the transaction for the oil company, it “had reason to know” of this designation, given that it “closely coincided” with the date in which it was listed.
09/08/2020
JP Morgan sends half its bankers back to the office
They have set up airport check in-style barriers in the lobby outside lifts at its Bank Street building. Traders were the first to return in numbers as face-to-face contact “within shouting distance” during market opening hours is still consid
09/07/2020
Deal of the year: Deutsche Bank
Asia Risk Awards 2020
09/04/2020
HSBC’s looming pensions crisis: will the bank win the battle but lose the war?
This is the problem which HSBC faces.
09/01/2020
Blackrock launches thematic equity fund
The BGF Multi-Theme Equity fund gives investors access to five megatrends identified by the BlackRock Investment Institute (BII).
09/01/2020
Credit Suisse cuts back in London with Madrid move
Credit Suisse's headquarters in Madrid is growing in importance as Britain leaves the European Union, with some jobs in London being switched to Spain
08/19/2020
Wholesale banking: ABN Amro cuts now, but ING is next
Exits at ABN Amro, including its big operation in commodity trade finance, raise questions about ING, as both firms enjoy much better returns in Dutch retail lending.
08/18/2020
Morgan Stanley IM launches emerging markets fund in UK
Morgan Stanley said the fund is managed by the Global Opportunity team, part of Morgan Stanley IM's Counterpoint Global platform.
08/14/2020
Investment bank critics swing and miss
No excessive risk taking, no outsized bets, no more monster trading desks.
08/13/2020
ABN Amro to slash size of investment bank
Dutch lender will also stop providing trade and commodity finance
08/10/2020
Shawbrook Bank “cautiously optimistic” as it Publishes Half Year Report for 2020
Looking to the future he continued: “Although significant uncertainties regarding the broader macroeconomic impact and pace of recovery remain, we are cautiously optimistic in our outlook as we start to see signs of momentum returning to certain of
08/09/2020
NatWest to oust top investment bankers
Alison Rose slashes senior roles at Markets in bid to save money
08/06/2020
Credit Agricole second-quarter net income drops 22% as coronavirus provisions weigh
Revenue at Credit Agricole’s ‘Large Customers’ unit, which includes capital markets and corporate finance activities, rose by 16%.
08/05/2020
Sberbank structures first trade finance deal
Egypt’s General Authority for Supply Commodities acted as the buyer. It’s a long-term customer of the bank and a major trader of agricultural products.