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Investment Banking

11/22/2024

The curse of becoming the global head of fixed income trading at UBS

Newman is seemingly not doing so of his own volition, but UBS isn't commenting on his exit, and nor is Newman himself, making it possible that he simply has a better job at a hedge fund.

11/21/2024

Intesa Sanpaolo is the eurozone’s leading bank for shareholder value creation

This reflects the combined growth in share value and dividend distributions since 1 January 2014.

11/19/2024

HSBC asks managers to reapply for jobs in global cost-cutting drive

General manager titles will also be phased out as part of the shake-up, and staff will be given managing director titles instead.

11/18/2024

Commerzbank and UniCredit hold second round of investor talks, source says

The person said the discussion focused on Commerzbank's earnings in the third quarter.

11/06/2024

UniCredit Says Needs A Year To Decide Commerzbank Deal

Italy's second-biggest lender surprised markets in September by building up a stake of about 21 percent in its German rival

11/01/2024

HSBC Channel Islands and Isle of Man receives ‘Top Employer’ certification

This year the programme has certified and recognised over 2,300 Top Employers in 121 countries/regions across five continents.

10/31/2024

CaixaBank reports a net profit of €4.25 billion in the 9 months to September

Intense commercial efforts have been made in wealth management products so far this year.

10/25/2024

Barclays shares soar to 9-year high as bank posts 23% profit rise

The bank reported a 23% increase in attributable profits

10/23/2024

Disposal of non-performing Italian mortgage portfolio

The sale of the majority of loans within the Portfolio has now completed, with the sale of the remainder expected to complete later in Q4 2024.

10/23/2024

Britain's Lloyds Bank Q3 profit holds flat, beating forecasts

Britain's biggest mortgage lender reported statutory pretax profit for the July-September period

10/17/2024

Commerzbank deal: Unicredit also gets support from Germany

The fact that this transaction came about with the blessing of the former ECB chief undoubtedly caused some unease in the German cabinet.

10/11/2024

Italy can't protect its banks if UniCredit buys Commerzbank, union leader says

The ECB has said large, European banks would be better able to compete with bigger rivals in the United States.

10/10/2024

ABN AMRO announces interest rate averaging for mortgages

Whether a given client can benefit from interest rate averaging depends on several factors, including the type of mortgage, the interest rate and the remaining fixed-rate period.

10/09/2024

European Investment Bank crafts new funding plan to keep startups in the EU

The focus will be on supporting late-stage growth and (upcoming) unicorns

10/07/2024

Commerzbank would lose clients in UniCredit merger, German lender's CEO says

Italy's second-biggest lender after Sanpaolo Intesa has been pressing for a tie-up while Commerzbank has been honing its defence.

10/07/2024

How a former Jefferies banker is battling burnout: ‘You need to enjoy the ride’

Big investment banks are facing fresh scrutiny over the brutal hours clocked by their junior ranks.

10/07/2024

Cavendish: City investment bank warns of Budget ‘uncertainty’

Our profitable first half, in both public and private markets, demonstrates the broad appeal of our service offering and the efficiency of our platform”, the firm said on Monday.

10/04/2024

Saxo Bank launches new investor platform in UK

As part of the launch, Saxo is offering $0 commissions on 100 of the most popular US stocks from 1 October to 31 December

09/26/2024

European Investment Bank lends Nexi €220m

The European Investment Bank (EIB) is lending Italian paytech giant Nexi Group €220 million to support digital payment innovation.

09/20/2024

Banks Ready to Forget Pain of Hung Debt Go Big on Buyout Funding

Undaunted, large banks are once again making aggressive moves.

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