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
Investment Banking
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
03/13/2015
Investment banking more popular than at any time in the last three years
Investment banking has become one of the most attractive careers for Londoners and surged to its most popular level in three years
03/12/2015
New Credit Suisse boss faces stiff challenge in Asia
Incoming Credit Suisse boss Tidjane Thiam is expected to focus on private banking in Asia while aggressively cutting jobs at its investment bank
03/12/2015
Threadneedle Investments makes strategic investment in London-based investment bank
This is a significant transaction because a leading global asset manager has made a direct equity investment into a Shariah-compliant investment bank
03/12/2015
Spanish Lender Offers to Buy TSB Banking Group of Britain
TSB Banking Group, the lender spun out of Lloyds Banking Group last year, said on Thursday that it had received a preliminary takeover offer from Banco de Sabadell of Spain.
03/11/2015
Barclays becomes first company to launch degree-level ‘Trailblazer’ apprenticeships
Barclays announces it has recruited ten young people to join its degree-level ‘Trailblazer’ apprenticeships programme
03/09/2015
Challenger bank Secure Trust makes business lending push
Launch of bank's asset finance division adds to growing use of secured SME loans
03/09/2015
Tungsten Banking Arm Unveils Deposits Drive
An electronic invoicing group headed by a prominent City financier will on Monday announce that it is to start taking deposits as it aims to become a leading challenger bank for corporate clients
03/06/2015
BNY Mellon Appointed as Depositary Bank by Accor
"France is an important market for U.S. investors, and we'll work closely with Accor to help the company achieve enhanced visibility with this new sponsored DR program,"
03/05/2015
Deutsche Bank says no major changes needed to universal model
Germany's largest bank is carrying out a strategic review which is expected to see it trim overheads and sharpen its focus on profitable business niches.
03/04/2015
Development bank EBRD to invest in Greece to 2020
The European Bank for Reconstruction and Development (EBRD) said Tuesday it would begin funding critically needed investment in cash-strapped Greece as Athens nears the end of a massive bailout programme
03/04/2015
RBS cutting up to 14,000 investment banking jobs by 2019
The majority of the job cuts will come in the U.S. and Asia
03/04/2015
Citigroup set for redundancies in EMEA markets business
Citigroup is set to make a round of redundancies within its markets and securities business in the Europe, Middle East and Africa region
03/03/2015
The most overrated jobs in investment banking
Everyone knows, or ought to know, that boutiques are particularly prone to slave-driving
03/03/2015
Russia Warns Of Capital Flight, Market Considers Capital Controls
The Bank forecast in January that capital outflow could total $118 billion this year.
03/02/2015
European Banks’ Reciprocity Draws Scrutiny
Banks give work to competitors partly based on how much business they receive in return
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.