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RBS to park billions in shipping loans at 'bad bank' -sources

Shipping has weighed heavily on its financiers, with the industry facing one of its worst downturns in decades.

VTB Capital to exit Luxoft through share offering

Russian investment bank VTB Capital plans to sell its entire 9 percent stake in software developer Luxoft through a secondary share sale that could raise up to $87.5 million

HSBC, JPMorgan top global banks capital surcharge list

JP Morgan and HSBC topped the list of the world's top 29 banks that must hold extra capital from 2016 because of their size and reach

UBS Pulls Away From State

UBS has repurchased a troubled asset fund handed over to Switzerland's central bank in the midst of the financial crisis, marking a symbolic end to state support for the country's biggest lender.

SocGen Said to Lift Newedge Stake in Swap With Agricole

Societe Generale has entered into exclusive negotiations with Credit Agricole to acquire the additional 50% stake in Newedge,

Valartis Chooses VTB Unit to Run Its $1 Billion Russia Fund

As part of the agreement, Valartis senior portfolio manager Tim McCarthy and a team of analysts will move to the VTB unit, part of Russia’s second-largest lender

Singapore Press-RBS wants stronger link between Asia, UK ops - Business Times

Despite the bank's strength back home, only 10 per cent of its business in Asia is linked to the bank's UK operations

BNP Paribas Completed Acquisition of Commerzbank “Depotbank” Business

In July BNP Paribas Securities Services signed the acquisition of the “Depotbank” business of Commerzbank.

2015 may be a good moment for ABN Amro flotation: CEO Zalm

The cabinet estimates a flotation could raise €15bn

Investment banking slowdown to hit European lenders

European banks are set to echo the grim performance shown by Wall Street's big banks in fixed income, where revenues - which account for about half of total investment bank income - were down about 15 percent on average from a year ago.

Deutsche Bank Profit Falls 94% as Trading Revenue Slumps

Investment banks saw a slowdown in fixed-income trading, a key portion of their earnings, as investors waited to see whether the Federal Reserve will begin reducing bond purchases.

Businesses warn on bank ring-fence plans

The Lords will discuss the final stages of the plans next month, with the regulations expected to come into force in 2018 or 2019

Asset management acquisition pays off for Handelsbanken

Challeger bank Handelsbanken saw a steady improvement in profits in the UK in the third quarter

Credit Suisse Net Climbs 79%

Net income rose 79 percent to 454 million Swiss francs ($509 million) from a year earlier as an accounting charge related to the bank’s own debt wasn’t repeated, the Zurich-based bank said today.

Barclays considers new pay plan to counter EU bonus cap

The bank may give senior staff an additional monthly cash sum on top of base pay

BNP Paribas scoops up Brazilian mandate

BB DTVM, which is the largest asset management firm in Latin America and a wholly owned subsidiary of Banco do Brasil, identified international expansion in Europe and Asia as a key priority.

Lazard AM sees profits tumble 75% across UK business

Lazard Asset Management's UK business has seen profits fall sharply by 75% in 2012 following a rise in outflows as well as a jump in costs.

Rabobank Bows to Public Pressure Over Executive Bonuses

Dutch lender Rabobank said on Thursday it has abolished bonuses for its executive board members in view of public opinion over bankers' pay.

Investment banking is shrinking

The investment banking industry is only now beginning to reveal its new shape in the wake of the global financial crisis

Liberum wins another broking mandate after employee raid

The appointment comes days after Vertu Motors, selected Liberum as its broker instead of Espirito Santo following the move to Liberum by Peter Tracey,

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