Fears that top rate tax cut will not keep HSBC in UK

But he said the chancellor’s decision to also increase the banking levy – to 0.105 per cent of the value of banks’ global balance sheets from 2013, up from a charge of 0.088 per cent – could result in banks paying more tax rather t


Bank of China to launch Warsaw branch

Prior to joining the Bank of China, Komasa worked for the Polish Information and Foreign Investment Agency (PAIiIZ), encouraging links between the two countries.


German regulator vetoes key Deutsche Bank exec

One source told Reuters BaFin felt Broeksmit did not have a sufficient leadership track record at Deutsche, which on Friday named three new members to its seven-member management board.


European client pans Goldman slowness to reassure clients

Joining a growing chorus of criticism, one of Europe's largest asset managers lashed out at Goldman Sachs Group Inc for not communicating quickly enough with clients after ex-banker Greg Smith publicly condemned the way the bank treats clients.


UniCredit may look at Denizbank

Meanwhile, Tefvik Bilgin, head of Turkey’s banking regulator BDDK, said late on March 8 that he was liverish by the delays in the sell-off procedures of lenders, calling for Dexia to finalize tle sale of Denizbank.


HSBC's Flint rubbishes 'shadow banking' term

The so-called shadow banking industry refers to the arena in which specialist investment firms, including private equity houses and hedge funds, facilitate the creation of credit to the traditional banking sector on a lightly regulated scale.


Saxo Bank Continues to Profit

With Net Profit of DKK 618 Million, the Investment Specialist Stays on the Course From the Previous Record Year


BBVA to acquire bailed-out Spanish bank

BBVA will also be shielded from most losses on Unnim’s real estate holdings, a spokesman for the Bilbao, Spain-based bank said in a telephone interview.


London firms call on new Mayor to invest in the city

London First’s chief executive, Baroness Jo Valentine, said: “We expect the incoming Mayor to support measures that not only bring jobs and prosperity, but ensure that London is truly open for business.”


3 Big European Banks Post Losses

Burdened by their exposure to Greek government debt and other damaged assets, Royal Bank of Scotland, Crédit Agricole in France and Dexia, a French-Belgian bank, all reported quarterly losses.