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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.

Investment bank critics swing and miss

No excessive risk taking, no outsized bets, no more monster trading desks.

ABN Amro to slash size of investment bank

Dutch lender will also stop providing trade and commodity finance

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

NatWest to oust top investment bankers

Alison Rose slashes senior roles at Markets in bid to save money

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%.

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.

Banks' Corona Jitters

Mainly corporate and retail vulnerability is what has caused trouble for banks in any given recession, Holman said, which also represents the major reason investors sell down the shares in times of crisis.

Confession Time for Big Banks in Europe: Banco Santander Reports $12.7 Billion Loss

Too-Big-To-Fail Santander is also one of the Eurozone’s worst capitalized banks.

Lloyds Banking Group – bad loans and interest rate cuts push Lloyds into the red in perfect storm

Lloyds has seen some signs of recovery, particularly among consumers, although low interest rates and a poor economic outlook are expected to weigh on performance for the rest of the year.

Credit Suisse to Merge Investment Bank and Trading in Revamp

The bank also expects to combine its risk and compliance units, the people said, asking not to be identified because the matter is private.

Goldman and Nomura send about 10% of staff back to London offices

At JPMorgan Chase & Co, about 15% of its staff are back, and mergers and acquisitions bankers are returning for the first time this week.

HSBC France to cut 1 in 3 global banking and markets jobs

The cost-saving round of job cuts is expected to be completed by the end of next year.

Can BNP Paribas beat the investment banking jinx?

The French lender is the latest European bank with ambitious plans to take on Wall Street

With consolidation, Raisin takes on European promise of single market

The ensuing expansion of the cooperation with Raisin Bank has also underscored the bank’s own ambition to grow as a partner for European fintechs.

Goldman banker moving from Dubai to London in latest change to Mideast lineup

It wasn’t immediately clear if Goldman plans to replace Francois in the Middle East.

Bankers get on their bikes in French travel revolution

It had been considering alternative transport before the pandemic in the light of schemes to promote it by Anne Hidalgo, the mayor of Paris, and the government.

BNP Paribas accelerates integration of Deutsche Bank prime brokerage business

With the integration of the Deutsche Bank business, BNP Paribas is aiming to become the top prime broker in Europe and potentially break out as a top four global player.

AAA-rated PM and Amundi quant research head discuss which ESG sectors outperform

In his research, he compared the different performances of ESG investments in different regions as well as the different environmental, social and governance pillars.

EU GDP: National forecasts tell us this is the squall before the storm - Chris Bailey, Raymond James

Both the euro area equity markets and the euro remain highly geared to the perceived success (or not) of such initiatives.”

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