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FirstRand to enter transactional banking in the UK

Freshly armed with a UK banking licence, FirstRand will launch transactional banking through Aldermore, chiefly to attract more deposits.

Goldman puts some London staff on notice for German move by June

It has informed members of its London-based derivatives and debt capital markets teams working on German accounts that their activities will be relocated to its base in Frankfurt and to make the necessary preparations to move to those offices by end-June,

UBS Named Europe’s Top Corporate Access Provider

The Swiss bank won top honors from money managers in Institutional Investor’s annual ranking of the sell-side firms connecting investors with European executives.

Investment banks face fury over gender pay gap

Under new legislation, organisations with more than 250 employees have to disclose the gap between the average earnings and bonuses of male and female staff before a deadline of April 4.

FM: Scottish National Investment Bank plans to ‘move at pace’

Mr Higgins, Tesco Bank’s chief executive, said: “There is an incontrovertible case for creating the Scottish National Investment Bank."

Build it and the private infrastructure funding will come

Historically, this development bank has been one of the largest investors in projects in the UK, providing billions in funding for large-scale transport, social housing, energy and health sector schemes.

Bank by bank, these are the new hiring priorities for 2018

In reality, it’s also likely to be broader than this: banks don’t always divulge their intentions – just look at UBS’s quiet recruitment for its fixed income sales business in 2017.

Goldman May Sell Its $1.4 Billion New European HQ in London

The exact value of the building will largely be determined by the rent Goldman agrees to pay, the people said.

Standard Chartered restarts dividends as profit returns

Bank shows improvement in bad loans but return on equity still low

Deutsche Bank targets €2bn in Frankfurt fund unit float

Deutsche said it would target fund growth of between 3-5% and a fee margin of 30 basis points.

Royal Bank of Scotland gets proactive on digital as reactive legacy issues are ticked off

There will, inevitably, be more focus on Artificial Intelligence and Machine Learning as part of the wider digital thinking

Here’s how much you earn at HSBC’s investment bank vs. Goldman Sachs and others

HSBC had 677 material risk takers in its investment bank last year.

Deutsche Bank thinks big in City

The office is due to be completed by November 2021.

Lloyds Bank profits climbed 24% — but it is still feeling the pain from PPI claims

Lloyds Bank profits increased 24% in 2017, with the bank bringing in £5.3 billion profit before tax.

UK's Metro Bank reports first annual profit

Its loan-to-deposit ratio rose to 82 percent in the fourth quarter ended Dec. 31.

Generali launches AM division

The launch of Generali Investments Partners SGR is part of Generali’s reshuffle plan of its asset management business, seeking to concentrate it in two divisions, this new entity alongside the recently launched Generali Investments Europe.

Deutsche Bank is said to cut at least 250 investment bank jobs

They include Marc Benton, who oversaw European energy investment banking, and Evans Haji-Touma, who focused on sovereign wealth and public pension funds, according to the people.

Nomura Luxembourg subsidiary becomes ‘super ManCo’

Nomura Bank (Luxembourg), which has €59.3 billion of assets under custody, also said it would expand its depositary services to Ucits funds.

Al Rayan Bank’s GBP 250m Sukuk offering

Clifford Chance capital markets partner Christopher Walsh, senior associate Adam Craig and associate Sarah Cheng advised Standard Chartered as arranger.

Ex-Credit Suisse trader reiterates harsh reality of fintech fantasies. Generous Deutsche Bank bonuses tipped things over the edge

The FT’s article also unearths a whiff of authoritarianism which is perhaps inevitable in a company set up by one man which is struggling against the odds to make money.

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