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Short-sellers nearly brought down HBOS, inquiry told

Stock market speculators nearly brought down HBOS in March 2008

Credit Suisse Stands by Investment Bank, Chairman Says

Credit Suisse AG (CS) stands by its investment bank, the bank's chairman said in a newspaper interview Friday.

RBS Appoints UBS to Oversee Branch Sale

RBS Chief Executive Stephen Hester asked UBS to assess a number of options as to what to do with the parcel of assets, which must be sold by December 2013 in accordance with a European competition ruling, the report added.

SocGen Committed to Investment Banking Unit in the Long Term

French bank Societe Generale SA said it remained committed to its investment banking unit in the long term, weeks after Swiss rival UBS AG announced plans to drastically cut the size of its investment bank, eliminating over a dozen lines of business and

Credit Agricole posts 2.9 billion euro loss after Greek exit

These writedowns plus profit declines in French retail banking

Generali Third-Quarter Net Income Rises on Fewer Writedowns

Net income rose to 291 million euros ($372 million) from 20 million euros a year earlier, when the insurer booked 289 million euros of writedowns.

France and Belgium to pump €5.5bn into struggling lender Dexia

Belgium will inject €2.92bn, or 53% of the total, with France providing the remaining €2.59bn

BNP Paribas doubles third-quarter profit, boosts capital

BNP Paribas doubled third-quarter net profit on the back of a bond-trading rebound and a drop in euro zone losses, helping it meet balance-sheet targets ahead of schedule despite the economic slowdown.

RBS Traders Brace for Job Cuts as City of London Contracts

The equity derivatives floor at the state-backed bank is this week facing substantial job cuts as part of the merger between the derivatives business and the investor products side of the investment bank.

Investment banking is a gamble, Kweku Adoboli tells court

Kweku Adoboli, the UBS “rogue trader”, denied gambling away the bank’s money, claiming if his actions amounted to gambling then all investment banking was just a game of chance.

Doha Bank eyes London share sale to boost capital-sources

The lender, part-owned by the Gulf state's sovereign wealth fund

Investment banking buoys Deutsche Bank

Deutsche Bank has reported flat profits for the three months to September that still beat analyst expectations.

Danske to Sell $1.2B in Shares, Cut 3,000 Jobs

Danske Bank reported a third- quarter profit as Denmark’s largest lender unveiled plans to cut 3,000 jobs and sell 7 billion kroner ($1.2 billion) in shares in order to boost capital buffers.

Deutsche Bank Beating UBS in Investment Bank Revival Sign

That may help the Frankfurt-based lender boost its share of investment banking revenue among the world’s largest banks for the first time in a year when it reports earnings tomorrow.

Qatar expanding in to European banks

"Europe suffers from economic recession and aims at attracting foreign investors, and Qatar is one of the countries that can benefit from these opportunities.”

SEB Q3 profit rises on below-forecast loan losses

"Operating profit was robust in a quarter characterised by increased uncertainty. Operating income grew five per cent compared to a year ago," says Annika Falkengren, SEB's President and CEO, commenting on the third quarter 2012 result.

UBS ready to take axe to investment bank

Executives of the bank were locked in a board meeting in New York on Tuesday to thrash out details of the plan.

Societe Generale to exit local investment firm

The move is part of SocGen’s efforts to speed up its rejig, shifting its focus off non-strategic assets. The French bank does not expect the deal to affect ratios and results materially.

Raiffeisen won't withdraw from Hungary: CEO

Banks operating in Hungary have been hit by a sector-wide tax that burdened their operations between 2010 and 2013, but the government earlier pledged to halve the tax in 2013. It said Wednesday it would keep the tax at its present level in 2013.

HSBC Global Banking and Markets wins top prize

"We are working in an operation that since 2007 has pursued a strategy and business model that has recognised both the dominant economic trends and the evolving needs of our customers."