09/13/2015
RBS appoints BoAML to ready 2016 listing of Williams & Glyn
RBS was ordered to sell Williams & Glyn, which comprises 314 branches and is focused on lending to small businesses
Investment Banking
09/13/2015
ABN Amro raises financial targets, awaits IPO green light
The target increases are more a reflection of reality than ambition, as most of the new goals have already been surpassed.
09/13/2015
Amundi picks banks for $8 billion French listing
The timing for analyst meetings has not yet been confirmed, one of them added.
09/11/2015
Deutsche Bank CEO to shy away from 'big bang' reform at board summit
Cryan’s ability to reform is constrained by factors that include costly litigation and fallout from turmoil in Asian markets.
09/10/2015
UK auditors sound public-sector debt warning
Watchdog raises fears of £200m shortfall, saying ministers have failed to control government financial assets properly
09/10/2015
Ashmore Investment Management Wins SimCorp Growth Management Excellence Award
Between June 2010 and June 2015, Ashmore increased assets by 62%
09/07/2015
Investment Bank AXA Eyeing Bitcoin for Remittance Market
Others are exploring custom technologies via in-house R&D
09/07/2015
Standard Chartered share price drops to six-year low amid Iran worries
Last month, the bank cautioned that it may incur “substantial monetary penalties” from the DoJ investigation.
09/07/2015
Lloyds Banking Group shares are the ideal income investment right now, due to the potential for dividend growth, says top fund manager
The key to the investment case for this stock is that the company has pricing power.
09/07/2015
Barclays Sells Loan Portfolio to Investor Group Led by Goldman Sachs
Barclays is undertaking a restructuring that has slashed the size of its investment bank.
09/06/2015
British deal boom pushes Lazard back into the black
The investment bankers raked in a healthy profit as British and European M&A surged and more firms tapped the stock market
09/05/2015
Top Right Group lines up investment bankers to lead £1bn float
Top Right, owned by the Guardian Media Group and private equity firm Apax, is being prepped to IPO
09/03/2015
Societe Generale Securities Services to offer fund services in the UK
We are now delighted to be able to extend this expertise to the UK
09/03/2015
Investment bank income seen down 19 per cent in Q3 from rocky markets
Some market volatility can boost investment banks' revenue by increasing trading activity in foreign exchange, equities, and other products
09/03/2015
Citigroup Vends Consumer Banking Business in Hungary
Regulatory pressure over Citigroup’s global operations and concerns of weak returns forced the bank to make this move.
09/03/2015
Can Sir Howard Davis rescue RBS? From fines and losses to stricter rules and stake sell-off, here are the biggest challenges for bank's new chairman
Having relinquished his role as chair of the Airports Commission following the publication of its controversial report
09/03/2015
HSBC opts for most boring name change imaginable
It had been speculated that the bank was toying with the name "Midland", the chain it acquired in the early 1990s.
09/02/2015
Here's the letter Jefferies' CEO sent out after one of the bank's trading desks got hammered
A little has been written about one of our own trading desks and comparable desks at other firms.
09/02/2015
European banks fight back in fixed income
The market will be surprised by how Deutsche Bank, Barclays and Credit Suisse will be keen to retain parts of their US fixed-income franchises
09/02/2015
Kleinwort Benson turns to Oddo for counter bid to fend off Fosun
The Belgian owner of Kleinwort Benson is seeking to repel a hostile €675m bid from Fosun