09/23/2016
Deutsche Bank Could Struggle to Parry $14B DoJ Punch
But a history of similar settlements suggests forming a convincing counteroffer will be difficult.
Investment Banking
09/23/2016
€6 million allocation for investment by SMEs, start-ups
New scheme will offer financial loans at low interest rates for SMEs and start-ups
09/21/2016
EBRD launches new fund and deepens ties to China
The EBRD said it has completed a first financing round for its so-called Equity Participation Fund with two cornerstone investors
09/19/2016
StanChart may exit private equity business
SCPE has been involved in deals worth at least US$1.5 billion since the start of last year, according to data compiled by Bloomberg.
09/19/2016
Barclays finds it hard to get out of Africa
A bid by Barclays' former CEO to mount a joint bid with the Carlyle Group for the bank's African business has stumbled
09/16/2016
Commodities Hiring Spree at VTB Kicks Off Across Europe and Asia
VTB Capital is hiring traders for Europe and Asia
09/16/2016
Macquarie prepares German metering firm Techem for sale - sources
Macquarie fought hard to win Techem in a hostile takeover battle in 2006.
09/16/2016
French bank said reconsidering HQ relocation following Brexit
The bank could still move to Canary Wharf if Hines allows Credit Agricole to reduce or increase the space it leases in three- to five-years’ time, the people said.
09/16/2016
Deutsche Bank RMBS Deal Could Test Legal Reserves, JPMorgan Says
Deutsche Bank is nearing a settlement with U.S. authorities over residential mortgage-backed securities
09/16/2016
Commerzbank to announce restructuring plans at the end of September: Sources
Commerzbank underwent several rounds of restructuring as it was badly hit by the financial crisis and the subsequent sovereign debt crisis
09/14/2016
Barclays Needs Time, Not Bob
The bad news? The road out of Africa looks like a long and winding one.
09/14/2016
Swiss-based investor enters fray for UK's £4bn green bank
Partners Group, which is listed in Zurich, is the latest member of a bidding group whose investors include General Electric and the Pension Protection Fund.
09/13/2016
Barclays axes 13,600 jobs in 9 months
Barclays confirmed the number and said it included contractors, temporary and agency workers.
09/12/2016
Commerzbank Reportedly To Rebuild Mittelstand And Reduce Investment Banking
Chief Executive Officer Martin Zielke, is due to present his new strategy to the German lender's supervisory board later this month
09/09/2016
SocGen set to join exodus from Chinese mutual fund industry
Reuters reports the move is due to “cut-throat” competition from Chinese firms
09/08/2016
GW Pharmaceuticals hires investment bank following approaches: sources
GW has hired investment bank Morgan Stanley to help handle the overtures, the people said this week.
09/05/2016
City all set for £30bn float bonanza
The Sunday Telegraph has learnt that CVC is in the early stages of planning a £1.5bn stock market debut for Sky Bet.
09/05/2016
VTB’s CEO Says Bank Considers Buying Loans Made to India’s Essar
Essar Group has been pursuing divestments after earnings were hurt by falling commodity prices and weak demand.
09/05/2016
Falling revenues put pressure on top investment banks
Top 12 institutions face calls for radical action to boost income
09/02/2016
Danish bank becomes second money manager to stop lending to Eskom
The government said last week that Zuma will lead a new panel to oversee all state-owned companies