05/11/2015
Dramatic power struggle at Libyan wealth fund deals setback to $1.2bn Goldman Sachs lawsuit
Ousted chairman of Libyan Investment Authority challenges London legal proceedings over disputed losses from Gaddafi era
Investment Banking
05/11/2015
HSBC mulls serious changes for its investment banking
Some analysts suggest division is not generating sufficient return on equity
05/11/2015
European Fund for Strategic Investment seeks funds in Asia
The European Union is looking for Asian capital to invest in the European Fund for Strategic Investment.
05/11/2015
SocGen rejigs its markets business
Société Générale is reorganising its global markets business in line with the “new regulatory environment,” the French bank said on Monday, as it outlined a wave of new appointments.
05/08/2015
BTG Pactual may be interested in HSBC's Brazil unit -report
Grupo BTG Pactual SA, the largest independent investment bank in emerging markets, could be interested in acquiring the Brazilian unit of HSBC Holdings Plc
05/07/2015
Australia's NAB to demerge British business, raise capital
The country's fourth biggest lender recorded net profit of Aus$3.44 billion in the six months to March 31.
05/06/2015
Barclays Sees End in Sight for Asia Cash-Equity Unit Losses
Barclays Plc is on track to make money from its cash-equity broking unit in the Asia-Pacific region by 2016
05/05/2015
China’s Haitong in push to double international business
Plans to hire hundreds of bankers across Europe and the Americas to more than double the size of the Banco Espírito Santo de Investimento operation that it acquired last year.
05/05/2015
UBS is pushing ahead with front office investment banking recruitment, pay rises
UBS’s investment bank remains under fire even after the radical shrinkage of 2013
05/04/2015
Irish fund gets €33m from French parent
French hedge fund operator ABC Arbitrage has injected over €30m into an Irish subsidiary it established last year to help circumvent onerous financial regulation in France
05/03/2015
UBS and Credit Suisse could combine investment banks - investor
Knight told Reuters last year he believed UBS would eventually follow his advice and split off its investment bank.
05/01/2015
RBS returns Qatar banking licence, country head departs
Royal Bank of Scotland has closed its branch in Qatar with its country head departing, RBS told Reuters on Thursday, the latest step in its withdrawal from the Middle East.
05/01/2015
Can Barclays' new chairman repeat Aviva magic ?
Welcome to Barclays, John McFarlane, here’s what life has to offer: a fresh £800m provision for rigging currency markets, taking the running total to £2bn
04/30/2015
Russia may become third largest AIIB participant – deputy minister
Russia could become the third largest participant in the China-led Asian Infrastructure and Investments Bank and enter its board of directors, said Stanislav Voskresensky, Deputy Minister of Economic Development.
04/30/2015
Lazard’s ‘Rock Star’ M&A Banker to go Global
Mr. Stern was previously chief operating officer of Lazard. Both are new roles, and according the statement the pair will continue in their existing positions.
04/29/2015
Deutsche's radical revamp foiled by ECB stress test
A radical plan for Deutsche Bank to become a pure investment bank and corporate lender was dropped after stress tests demanded by the European Central Bank
04/29/2015
BNY Mellon appointed trustee and principal paying agent for Commerzbank's first European CLO
BNY Mellon acted on more than a quarter of European CLOs in 2014
04/29/2015
Favourite staff at Barclays Investment Bank underperform horribly. Everyone squeezed
The ‘integrated origination verticals’ don’t seem to be working harmoniously after all.
04/29/2015
Bidders circle Russell Investments arm auctioned by LSE
The remaining strategic and private equity bidders include Towers Watson, the US human resources and risk management consultancy, and financial services group Ameriprise, which owns the UK’s Threadneedle Investments.
04/28/2015
BNI Europe Signs Credit Line of 500 Million Euros
BNI Bank Europe will sign on Thursday in Lisbon, a protocol of credit line of 500 million Euros, destined to support the commercial re-launch between Angola and Portugal