03/26/2015
UK move to join china-led bank a surprise even to Beijing
The UK Treasury had told Chinese officials it would not announce its application to join until March 17.
Investment Banking
03/25/2015
HSBC Holdings to issue $3.07billion of convertible bonds
Bonds that convert into shares or are cancelled when a bank's capital falls below a certain level are increasingly being sold by banks to improve their capital cushion if they run into trouble.
03/25/2015
Deutsche Bank now has 2,057 investment bankers earning an average of €1m
Deutsche spent a total of €2.1bn on the MRTs in its investment bank
03/25/2015
Green Bank to invest in projects in India, South Africa
Green Investment Bank today announced a pilot project to fund overseas ventures in renewable energy sector to the tune of 200 million pounds (approximately Rs 1,800 crore) in India
03/25/2015
BRICS contingent reserve may become operational this year: RBI
It is expected that the inter-central bank agreement will be signed this year
03/24/2015
The qualification enhancing private equity job prospects
Getting an entry level job in private equity is notoriously competitive
03/20/2015
Lloyds, Natixis and RBS sell Dubai World debt before $14.6 billion deal
The moves help pave the way for Dubai World to secure 100 percent creditor assent for its restructuring
03/20/2015
French bank to buy majority stake in Mauritius Commercial Bank Mozambique
The acquisition, for which financial details were not disclosed, will take effect via a capital increase and is dependent on the approval of the Central Bank of Mozambique
03/20/2015
Is ABN Amro re-entering India?
ABN AMRO Bank applies to RBI for setting up operations in India
03/19/2015
BNP Paribas may look at exiting India AMC business: Sources
According to sources, BNP Paribas wants to consolidate its operations in India and wants to exit its non-core assets
03/18/2015
Barclays pays £16.5m in share awards to executives
British banking giant Barclays paid £16.5m in shares to its top 11 executives, which is half the amount it paid out last year
03/17/2015
France, Germany, Italy to join China-led infrastructure bank
The $50 billion Asian Infrastructure Investment Bank (AIIB) has been feted by Beijing as a way of financing regional development
03/16/2015
Morning Coffee: Immensely good news for investment bankers at Deutsche. IBD endurance brings rewards
Investment banking employees at Deutsche Bank can be forgiven for feeling disorientated.
03/16/2015
Immensely good news for investment bankers at Deutsche
Investment banking employees at Deutsche Bank can be forgiven for feeling disorientated
03/16/2015
RBS eyes sale or wind-down of CEEMEA corporate, institutional banking
The bank is exploring options for the sale
03/16/2015
Would you join RBS’s investment bank now?
Royal Bank of Scotland may not look like the best place to start your investment banking career.
03/15/2015
US seeking $1bn from RBS and Barclays
The US Justice Department is looking to fine four banks RBS, Barclays, Citigroup and JP Morgan Chase to settle accusations of criminal activity in the currency markets
03/15/2015
European Investment Bank to set up office in India
The bank has already started negotiations with RBI to facilitate low-cost funding to infra projects as well as to SMEs in India
03/13/2015
Commerzbank to pay $1.45 billion, terminate employees, install independent monitor for banking law violations
Bank ignored compliance staff warnings of potential fraud
03/13/2015
US anger at Britain joining Chinese-led investment bank AIIB
US statement says of UK membership that it is ‘worried about a trend of constant accommodation’ of China, in a rare public breach in the special relationship