04/23/2014
Barclays Plc , U.K.’s second-largest bank by assets, may have to eliminate 7,500 jobs at its investment bank to improve returns at its securities unit, according to a report by Sanford C. Bernstein.
04/17/2014
Deutsche Bank AG denied a report by Manager Magazin that Paul Achleitner, the company’s supervisory board chairman, is looking for potential successors to co-Chief Executive Officers Anshu Jain and Juergen Fitschen.
04/14/2014
In recent private meetings with analysts and investors, Barclays PLC's new finance chief, Tushar Morzaria, surprised attendees with a frank admission: The British bank hasn't had a credible plan for what to do with its sprawling investment bank,
04/08/2014
Deutsche Bank has backed its India-born co-CEO Anshu Jain, amid reports that the German bank was looking at his replacement, saying he is doing an "excellent job".
04/06/2014
A subsidiary of Raiffeisen Bank International will close all its branches in Crimea by mid-month, the bank said yesterday, following Russia’s annexation of the Black Sea peninsula.