03/02/2015
European Banks’ Reciprocity Draws Scrutiny
Banks give work to competitors partly based on how much business they receive in return
Investment Banking
02/28/2015
Former LDC boss sets up biggest British buyout firm since crisis
Daniel Sasaki, the former London head of Lloyds's private equity arm, is starting a new £35m buyout vehicle - the biggest the UK has seen since the financial crisis
02/27/2015
Germany's Commerzbank boosts financing to $340m
The number of productions financed by Commerzbank tripled from 2012’s total of 35 to 105 projects last year.
02/25/2015
Tegris Meets LionTree in Boutique Merger
First comes the boutique investment bank, then comes the boutique bank merger.
02/25/2015
Barclays keeps up cost-cutting
The bank will reveal its full-year figures on Tuesday 3 March, and although progress is being made the transformation of the business is far from over.
02/24/2015
Citi Retail Services Wins Institute of Risk Management's Global Risk Award
Citi's private label credit card unit, Citi Retail Services, won the "Risk Management Solution of the Year" award
02/24/2015
RBS asks restructuring chief to shrink investment bank
Royal Bank of Scotland will hand its restructuring chief Rory Cullinan responsibility for overseeing another major scaling back of its investment bank including its exit from Asia
02/24/2015
RBS restructuring chief to shrink investment bank
Royal Bank of Scotland will hand restructuring chief Rory Cullinan the task of overseeing another major scaling back of its investment bank, sources told Reuters, allowing it to focus on lending to British households and businesses.
02/22/2015
Deutsche Bank debates stake in Chinese bank-WirtschaftsWoche
Deutsche Bank (DBKGn.DE) co-Chief Executive Anshu Jain is arguing against holding on to a stake in Chinese bank Hua Xia (600015.SS) as Deutsche reconsiders its near-universal range of banking services
02/22/2015
Who’d be a senior banker now that bonus season has begun?
Bank pay policies are always a fraught subject at election time. This week, several chief executives will have to stand up and defend them
02/19/2015
Slovenia plans gradual sale of most banks
Slovenia will gradually sell most of its state banks
02/18/2015
Morning Coffee: Deutsche Bank hikes pay for mid-ranks, Credit Suisse’s private bank largely employs ex-investment bankers
This is changing – Credit Suisse is said to have increased pay already for juniors, while Deutsche Bank is set to do so.
02/18/2015
Deutsche Bank hikes pay for mid-ranks, Credit Suisse’s private bank largely employs ex-investment bankers
Private equity firms are circling junior investment bankers
02/18/2015
Indian bank set for launch into UK buy-to-let market
One of the biggest private banks in India will launch into the UK buy-to-let market before the end of March
02/18/2015
The best, and worst, paying jobs in banking technology
Recruiters Hudson have just released a very extensive salary survey looking at the financial technology market in the UK.
02/17/2015
Fund manager pay could surpass that of investment bankers by 2016
A report by think-tank New Financial has suggested fund manager pay may overtake that of investment bankers by 2016
02/17/2015
Societe Generale Corporate & Investment Banking acquires stake in GMEX
Societe Generale Prime Services - formerly Newedge - has announced that it has acquired a minority stake in Global Markets Exchange Group International.
02/16/2015
Bitcoin technology offers clarity for derivatives
Some of the world’s largest investment banks are considering using bitcoin technology to revolutionise the $700 trillion global derivatives market.
02/12/2015
Exclusive - Credit Suisse to move London, Paris traders to asset management arm
The team that Morlat co-heads with New York-based Nick Branca makes money for the bank and executes some strategies similar to hedge funds by trading across all asset classes.
02/12/2015
EIB’s largest African lending programme launched with PTA Bank
European Investment Bank (EIB), Europe's long-term lending institution, and East African-based regional development body, PTA Bank, launched a new EUR 160 million lending initiative