07/20/2017
Citi to add 150 new jobs in 6 EU locations as result of Brexit
The Frankfurt broker-dealer, which houses the investment bank’s trading business, will be created by converting a licence Citi already has in Germany.
Investment Banking
07/18/2017
The U.S. head of equities at BNP Paribas mysteriously disappeared
BNP Paribas is one of the few banks going for growth right now: the French bank wants to achieve compound annual revenue growth across the corporate and investment bank of 4.5% over the next three years.
07/18/2017
Handelsbanken Q2 operating profit beats forecast
Operating profit fell by 2% to SEK 5,257m (5,347), but increased by 3% after adjustments for non-recurring items in the quarter of comparison
07/18/2017
Citigroup chooses Frankfurt as its new European trading hub
Citigroup already has around 350 employees working in Frankfurt
07/17/2017
Deutsche Bank switches ad agencies
We don't think agencies are in structural decline, although they face low top-line growth and need to simplify.
07/17/2017
HSBC Bans Traders From Buying Stocks, Bonds on Their Personal Accounts
Employees allowed to maintain existing holdings, people say
07/10/2017
Expect another meh quarter of weak trading revenue
There’s no real growth on the top line.
07/07/2017
JP Morgan CEO confirms plans to grow Dublin business following meeting with Taoiseach
The JP Morgan chief’s meeting with the Taoiseach and his statement in relation to the US bank’s plans to grow its Irish operations follows several months in which speculation has intensified in relation to its post-Brexit plans.
07/07/2017
Europe turns to Europe for deals as US and Asia M&A slips
The effect of many of the current political situations around the world is forcing European players to think about European consolidation.
07/07/2017
Robots enter investment banks’ trading floors
UBS among the banks looking to AI to boost traders’ performance
07/07/2017
The European Investment Bank offers advice for venture capital in Africa
As Germany uses the G-20 to push private investment, Muent acknowledged that the need for development financial institutions such as EIB will remain.
07/06/2017
Brexit Bulletin: Deutsche Heads for the Door
Deutsche Bank to move parts of trading and investment banking to Frankfurt
07/06/2017
RBS to Exit Chinese Securities Venture in $52 Million Sale
The exit comes at at time when foreign banks are seeking more control of their China securities businesses.
07/04/2017
Europe’s top investment banking fee earners at the halfway stage
Revenues rose across most business lines in the Emea region, with some banks making big gains as activity picked up
07/04/2017
Deutsche Bank hiring drive aims to lift US M&A revenue 25%
But we’re out of it and the bank now has the capital to make investments.
07/03/2017
Georgia's BGEO to demerge into London-listed banking, investment arms
A demerger of the businesses will deliver additional long-term value to shareholders by creating two distinct entities.
07/03/2017
Japanese financial giant is the latest to confirm Frankfurt as its post-Brexit EU hub
The move relates to the company's core banking and investment banking arm
07/03/2017
SocGen is bringing one of Europe’s ‘fastest growing’ trading products to Asia
The instrument is designed primarily for intra-day trading.
07/02/2017
Barclays picks Dublin for its European hub
The bank has agreed terms to rent bigger premises in the Irish capital as it looks to ensure it can continue to service EU clients.
06/29/2017
Deutsche Bank Faces Possible $60m Derivative Loss
The case has been escalated to the bank’s supervisory board.