08/28/2013
US Investment Bank Expands into Russia
New York-based investment bank Jefferies Group LLC plans to hire up to four investment bankers for its first Moscow office
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.