11/19/2014
Orcel Facing ‘Hurricanes’ Remodeling UBS on Old Wall St
That was an era before investment banks such as Merrill Lynch & Co. and Goldman Sachs Group Inc. (GS) ramped up borrowing to inflate returns.
11/19/2014
Vatican bank gets assets back, wants new footing with Italian banks
An Italian bank has returned to the Vatican 23 million euros ($28.8 million) that was blocked in a 2010 money laundering investigation, the Vatican bank said on Tuesday, in a sign that the Holy See's efforts to make its finances more transparent are
11/19/2014
The so-called BRICS group of nations is fast-tracking the establishment of its New Development Bank.
Brazil, Russia, India, China and South Africa are hoping the financial institution will rival global lenders the International Monetary Fund and the World Bank.
11/18/2014
The promised land disappoints: Hedge fund traders making a swift return to investment banking
Senior portfolio managers and traders at hedge funds – usually with a career history in investment banking – are making the move back to the sell-side.
11/17/2014
Deutsche and JP Morgan vie for position as finishing line looms
The race to be the biggest fee-earner in European investment banking is in its final lap – and it is too close to say who will nose ahead.
11/17/2014
I've done nothing wrong, says British banker
He is said to be at the heart of allegations of rigging rates Richard Usher is said to be at the heart of allegations of fixing foreign exchange rates The currency trader at the centre of an alleged multi-billion pound scam has been name
11/13/2014
The first annual Baltic M&A and Private Equity Awards were presented on 6 November at the Baltic M&A and Private Equity Forum organised by law firm SORAINEN together with Äripäev, Dienas Bizness and Verslo Žinios.
11/13/2014
Website Debtwire cited well-informed sources as saying that the Deutsche Bank's investment division and Hamburg-based shopping centre specialist ECE entered exclusive negotiations with the vendor, Rabobank of the Netherlands, in June and are now pois
11/10/2014
Last Friday when the Chinese President Xi Jinping inaugurated the establishment of the Asian Infrastructure Investment Bank at Beijing along with 21 other member countries, including India, a new and a highly significant financial institution emerged on t
11/10/2014
Having fled from trade finance and syndicated loan deals three years ago, the lenders are back in the region amid problems in the EU
11/09/2014
Barclays hiring in Asia despite cutting jobs elsewhere
When asked where the firm is hiring, he said Indonesia is a place of "particular focus". The London-based bank is also expanding in capital markets in China and continues to invest in India, he added.
11/07/2014
Barclays to revamp investment banking
Barclays chief executive Antony Jenkins said yesterday that the UK bank would have fewer “very highly paid” workers after revamping investment banking.
11/06/2014
Europe’s largest fixed-income firms Drop Customers Amid Tougher Capital Rules
Banks “are putting in place strategies that direct new costly capital toward their best clients” to help bolster earnings, the U.S. research provider said in a report today.
11/06/2014
If you’re a student considering a career in investment banking, Nigel Higgins the CEO of Rothschild, has a key piece of advice plan ahead.
11/06/2014
“Investment banking is part of the core but it has to be done in a different way,” said Jenkins, who’s in Hong Kong to attend the Barclays Asia Forum.
11/06/2014
Barclays Plc Chief Executive Officer Antony Jenkins said the U.K. bank will have fewer “very highly paid” workers after revamping investment banking.
11/05/2014
The UK Green Investment Bank has mobilised more than £5 billion of funding for clean energy projects in the two years since starting up.
11/05/2014
Minimum credit rating for Barclays’ flagship WGILB and EGILB indices to be lowered to Baa3/BBB- from A3/A-
11/05/2014
Arranged by Credit Suisse, Avoca CLO XII Limited is the third European CLO 2.0 KKR has launched. BNY Mellon has been appointed as trustee and portfolio administrator on all three issues.
11/05/2014
Royal Bank of Scotland Group Plc, the U.K.’s largest taxpayer-owned bank, is weighing the sale of its Middle East corporate-loan book as it review its international business