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Investment Banking

08/27/2013

Private-sector deposits in Cypriot banks slide in July -ECB

The data showed that deposits in another southern European country mired in the debt crisis remained relatively stable.

08/27/2013

Hesse economy minister says Commerzbank sale a possibility

The main thing is for the bank to manage the turnaround, with or without a partner,

08/23/2013

SG to Test New Ground in Capital Arena

Societe Generale is meeting investors in Asia and Europe this week to market the first EBA-compliant temporary writedown Tier 1 bond.

08/21/2013

Investment banks' hiring points to uptick in recruitment

In recent years, virtually all new banking jobs have been in back-office roles such as IT, risk and compliance

08/19/2013

Moritz Erhardt, Merrill Lynch Bank Intern, Found Dead 'After Overworking'

Moritz Erhardt, a student who had been working as an intern at Bank of America's investment wing Merrill Lynch in London, was found dead on Thursday amid rumours that he had been working excessively long hours.

08/19/2013

All shares in ABN Amro likely to be sold off

BN Amro bank is likely to be sold off in its entirety when the government privatises it, rather than divested in tranches

08/07/2013

The BNP Paribas Group in Germany, today and tomorrow

The BNP Paribas Group has been present in Germany since 1947 and operates through 12 business lines across 14 site locations.

08/05/2013

Corporate & Investment Banking recognised by Euromoney Magazine’s 2013 Awards for Excellence

This is the first time that SG CIB has been awarded "Best Infrastructure & Project Finance House" by Euromoney

08/05/2013

Credit Agricole Profit Surges After Disposal of Greek Unit

The profit surged in the second quarter after the sale of its unprofitable Greek unit.

08/05/2013

Irish arm of JP Morgan reports 50pc fall in profit

Pre-tax profits at the IFSC -based arm of banking giant JP Morgan more than halved last year.

08/04/2013

'Havoc' as HSBC prepares to close diplomatic accounts

The head of the UK's Consular Corps told the Mail on Sunday the decision has created "havoc".

08/04/2013

HSBC raises pretax profit 10%, cuts impairments by £1.7bn

Banking giant HSBC Holdings reported pretax profit of $14.1bn in the first half to end-June, an increase of 10% compared with the same period in 2012.

08/01/2013

Barclays Investment-Banking COO to Leave

The chief operating officer of Barclays PLC's investment banking division plans to leave the bank, according to an internal memo.

07/30/2013

BNP Paribas Second Quarter Profit Falls 5%

Stable and resilient revenues: Q2 2013 revenues were €9.9 bn, down 1.8% vs Q2 2012, but revenues stable at operating divisions level

07/29/2013

Crédit Agricole Bids Adieu to Pricey Lunch

New Rules at Crédit Agricole Mean Investment Bankers Must be More Frugal When Dining

07/29/2013

Deutsche Bank Q2 profits fall 49%

Continental Europe’s biggest bankset aside €600 million to cover legal costs

07/29/2013

Barclays launches £5.8bn rights issue after £2bn mis-selling hit

Barclays has announced a £5.8bn rights issue to shore up its capital position as it reports another £2bn in mis-selling charges.

07/28/2013

Russian banks seek new opportunities in India

The growing potential of Indo-Russian bilateral trade makes them look for opportunities in other sectors as well.

07/17/2013

Fitch cuts French banks’ ratings after downgrading the Country

French Banks including Societe Generale, BNP Paribas and Credit Agricole were hit by credit rating downgrades in the wake of the country’s rating cut.

07/16/2013

M&A activity continues to fall through Q2 2013

The Financial Services sector had the second largest deal value increase, up 9.5% to US$ 31.2bn from US$ 28.5bn.

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