05/24/2015
Revealed: how Barclays paid trader £170m
Bankruptcy battle gives a rare glimpse of banks’ hidden payments to big hitters in the aftermath of the financial crisis
Investment Banking
05/24/2015
BNP Paribas eyes cost cuts at UK global markets business – source
Many banks are cutting jobs and shrinking parts of their investment banking operations as profitability has been squeezed by tougher regulations.
05/22/2015
ABN Amro IPO said to value bank at $22bn as sale nears
We have to wait until the shareholder considers the time right for an IPO
05/21/2015
George Osborne to privatise £23bn of taxpayer assets
Chancellor sets out commitment to increase disposals to boost public purse
05/21/2015
ABN Amro and Lloyds to turn FIG green
ABN Amro is set to become the first bank to print a green bond in euros next month
05/20/2015
Dutch government seeks 2015 listing for ABN Amro - minister
A stock market listing for nationalised bank ABN Amro is back on the agenda for this year
05/20/2015
Investment banks' revenue rise 9 percent in first quarter
Revenue at the world's 10 largest investment banks rose 9 percent to $44.9 billion in the first quarter compared to a year ago
05/19/2015
Deutsche Bank fires warning shot over UK vote on EU exit
The biggest German lender by assets, which employs 9,000 people in the UK, is the first big bank to start formally examining the consequences of a British referendum on EU membership, which is due in the next two years.
05/19/2015
Ex-Barclays and Lehman dealmaker sets up energy advisory firm
Many oil majors have said they would use the downturn to beef up their presence in the U.S. shale sector
05/19/2015
David Cameron: UK Green Investment Bank Is “Leading The World”
Edinburgh was selected as the headquarters of GIB in 2012, beating off competition from 34 other UK cities.
05/19/2015
UBS emerging markets syndicate banker put at risk
Aubelia Louedin, an associate director within the EMEA debt capital markets syndicate team at UBS, has been put at risk of redundancy
05/19/2015
SocGen launches structured finance platform in the Middle East
Societe Generale is a global structured finance house that has the capacity to meet those needs in the Middle East.
05/18/2015
Santander deal settles question on fate of Pioneer
The deal includes the creation of a holding company — Pioneer Investments — that will own 100% of Pioneer's U.S. operations, and the combined non-U.S. operations of Pioneer and SAM
05/18/2015
Deutsche Bank co-CEOs say they will stay on
The co-chief executives of Deutsche Bank ruled out stepping down despite criticism from investors over a series of fines and legal problems that have hit the bank
05/18/2015
Barclays set for record UK bank fine
Foreign exchange rigging bill likely to outstrip £234m paid by UBS last year
05/18/2015
Ex-Barclays and Lehman dealmaker sets up energy advisory firm
Former Barclays and Lehman Brothers dealmaker and senior executive Hugh 'Skip' McGee has launched a boutique merchant bank specialising in the U.S. energy sector.
05/15/2015
HSBC intends to be more generous to UK small firms
Bank raises its lending portfolio to this category to £8b
05/14/2015
Deutsche Bank board chief mulls consequences of Libor affair
Deutsche Bank supervisory board chief Paul Achleitner does not rule out taking appropriate measures including personnel changes resulting from the Libor affair
05/14/2015
Greece invited to join BRICS development bank: gov't source
The invitation came during a telephone conversation between Greek Prime Minister Alexis Tsipras and Russia's Deputy Finance Minister Sergei Storchak, the government source said in a note to the media.
05/13/2015
BofA’s Irish Unit Shifts $8.7 Billion in Capital to U.K. Parent
Bank of America Corp.’s Irish unit shifted $8.7 billion of capital to its U.K. parent last year as it continued to shrink Irish operations and move assets to London.