10/15/2015
HSBC cuts pay of London investment banking staff
Pay cuts will affect all contract workers in the global and markets division
Investment Banking
10/14/2015
Barclays needs to spell out exactly what sort of bank it wants to be Nils Pratley
The appointment of Jes Staley as chief executive raises more questions than it answers, particularly about Barclays’ investment banking ambitions
10/13/2015
Cantor opens in Edinburgh after hiring Shore team
Cantor Fitzgerald Europe is to open an Edinburgh office after hiring a team from rival Shore Capital.
10/12/2015
Ireland wins as UBS shifts fund from Cayman Islands
Swiss fund manager will use new Irish Icav structure to move product from the Caribbean domicile
10/12/2015
Top firm boss: Firms may want to merge investment banking units
'If there was a decent play that was neutral or accretive for shareholders, we wouldn’t be opposed to just joining two investment banks'.
10/12/2015
Cantor opens in Edinburgh after hiring Shore team
Investment bank Cantor Fitzgerald Europe is to open an Edinburgh office after hiring a team from rival Shore Capital.
10/11/2015
European Investment Bank in Sh11tr climate financing
Kenya could benefit from a new line of funding from the the European Investment Bank
10/11/2015
Foreign banks to stick out Russia crisis for lucrative margins
SocGen, which is more exposed than UniCredit and Citi to retail lending, recorded a €136mn first-half loss in Russia, though its local divisions contributed over 10% of group profit as recently as 2013.
10/11/2015
Barclays chief says EU banking champion needed to compete with US
The comments by two of Europe’s most senior bankers underline the growing angst in the industry about its performance and prospects .
10/09/2015
Treasury makes further moves to sell off bank stakes in Lloyds and RBS
Government holding in Lloyds falls below 11pc as the state converts its non-voting shares in RBS
10/09/2015
StanChart CEO plans to cut about 1,000 top staff: memo
New CEO Winters says up to a quarter of senior staff roles to go; disposals also likely, clients to be cut
10/08/2015
HSBC lines up Swedish Lynx funds
It also further demonstrates our capabilities and developmental flexibility within global transfer agency and accounting and valuations
10/07/2015
Deutsche Bahn hires Lazard to look at Arriva options
Deutsche Bahn's operating profit fell almost six percent to 2.1 billion euros $2.4 billion last year and the company made more than 40 percent of that profit abroad.
10/06/2015
Lloyds boss Antonio Horta-Osorio: Banks should live with regulation to win back trust
Although he thinks the regulation from governments and independent bodies was "unprecedented", the banker said banking culture will have to change in order to win back customer trust.
10/05/2015
Q3 investment banking fees slump to lowest in four years
The third quarter was a torrid time for global markets.
10/05/2015
Cresco Capital Group acquires the historic landmark office building, Victoriahoefe in Berlin.
The developer plans to reposition the c. 25,000 m2 building at the former border between East and West as a core mixed-use commercial property to cater for the growing needs of the new media community in Berlin.
10/05/2015
Rocky markets in September compound weak third quarter for investment banks
September was a difficult month, with the lead indicators all pointing towards a tough Q3 earnings season for the investment banks
10/01/2015
China's CIC hunting for further investments in Italy
Li declined to comment about a report in the Italian press saying CIC was ready to buy a stake in Italy's post office which the government is privatising in a stock market listing next month.
09/30/2015
JPMorgan ordered to face London Whale class action in U.S.
JPMorgan executives and directors have won dismissals of three related investor lawsuits over the trading loss.
09/29/2015
Skilled staff and value for money attract banks to Middle England
The difference with HSBC’s latest move is the nature of what it is bringing to middle England.