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Santander writes off €19bn as profits plunge

Spanish bank Santander, the biggest in the eurozone by market value, said Thursday its net profit plunged in 2012 as it wrote off nearly €19bn for dodgy loans and property assets in Spain.

Goldman Sachs Financial Services Dealmaker Set to Leave

Goldman has been cutting staff to reduce costs because of the weak revenue environment.

Deutsche Bank’s Jain Sickened by Libor Manipulation Scandal

Regulators from Canada to Switzerland are investigating whether more than a dozen banks, including Deutsche Bank, were colluding to rig the rate.

Barclays workers denied anonymity in Libor lawsuit

Guardian Care Homes is suing the bank for £38m for misselling complex interest rate derivatives.

Barclays Prepares to Cut Jobs at U.K. Investment Bank

The bank sent a memorandum to employees today

German Bank to Spare Retail Jobs for Growth, Survey Finds

Support positions will be among the hardest hit, said 71 percent of respondents in Germany and 58 percent in the rest of Europe

Cantor Fitzgerald's Investment Banking Push Goes Awry

Kantor had stepped up his hiring in prior months, and the bankers discussed the renewed push into underwriting and merger advice

Sanlam to build sales culture and adopt big bank approach

‘What I would like to do is upskill the workforce that we have got.’

Raiffeisen Bank International not aware of need for writedown

The Austrian lender's goodwill along the lines of rival Erste Group's move on Tuesday

Back to the future for investment banking

Salamanca's Martin Bellamy digs deep for answers.

Deutsche Bank recognised as world’s No 1 fixed income bank

Deutsche Bank has retained its top position as the global market share leader in fixed income for the third consecutive year, according to the industry benchmark study by Greenwich Associates.

Deutsche Bank Made Huge Profit On Libor During Financial Crisis

The bets were an "extremely large risk" even for Deutsche Bank, one of the biggest banks in Europe, one analyst tells the WSJ.

Bank Hapoalim to shutter London branch

Bank Hapoalim intends to close up shop in London, the bank's leaders decided in a recent strategic discussion.

Santander sees profits rebounding this year

"In 2012, our profits will be down because we have made large extraordinary provisions for Spanish real estate loans," Botin said in an interview with The Banker this month.

Banca Generali posts strong December inflows

Home arrow News arrow Italy Italy's Banca Generali posts strong December inflows inShare By: Chiara Albanese 10 Jan 2013 Be the first to comment Print Email Tweet piermario-motta Italy's Banca Generali has post

UBS fires eighteen over Libor-rigging scandal

Eighteen UBS staff were sacked over the Libor-rigging scandal that saw the bank hand over $1.5bn (£940m) to regulators, the second-largest fine ever paid by a bank.

BNP Paribas leads French merger and acquisitions advisory market in 2012

For the 8th time in a row, BNP Paribas ranks no 1 the French merger and acquisitions advisory market in 2012.

BNP Paribas leads French merger and acquisitions advisory market in 2012

For the 8th time in a row, BNP Paribas ranks no 1 the French merger and acquisitions advisory market in 2012.

Italy's AM industry posts strong end of 2012 inflows, says Assogestioni

In November, Italy's asset management industry posted €852m inflows

Goldman Sachs senior staff 'got average pay deal of £1.8m'

Goldman Sachs senior staff in the UK received an average pay deal of £.18m last year, according to regulatory filings.