04/26/2012
Around 45 M&A bankers from RBS will join the new firm, people familiar with the matter said, but there is no set timescale for the launch, which will be managed carefully to protect ongoing deals for existing clients.
04/13/2012
QNB is still seeking a price close to Denizbank’s book value, which stood at about $2.5 billion at the end of last year, while Dexia is seeking more than 1.5 times book value, two of the people said, declining to be identified as the talks are priva
04/13/2012
The committee said that activities such as proprietary trading, should be separated and have their own capital base. It also called for studies to examine whether banks need higher capital requirements and if they should ringfence their operations abroad
04/13/2012
JP Morgan, the first Wall Street bank to report results in this closely watched earnings season, has revealed a surprise increase in revenue to $27.4bn even as legal bills and debt pinched first quarter earnings.
04/12/2012
One certainly hopes bank regulators are on top of the trading positions of the Whale or, for Harry Potter fans, "Voldemort" (He Who Shall Not Be Named) or, for those with a fetish for real names of real people, Bruno Iksil.
04/03/2012
Lenders in the Nordic nation have “good” liquidity and “sound” solvency, with the core Tier 1 capital ratio at 13.1 percent at the end of last year, the regulator said.
04/03/2012
Entwistle, who spent much of his career at private bank Adam & Co and helped sell the firm to Royal Bank of Scotland (RBS.L) in 1993, said he planned to issue a prospectus this week to get more funds from potential investors.
03/30/2012
The preliminary results come as the group signed a £70m deal to sell to private equity firm AnaCap its international division, which comprises its trustee and corporate services in Jersey, Cyprus, Switzerland and the Isle of Man.
03/29/2012
In addition to Deetz and Papadia, the debate panelists will include David Marsh, Co-Chairman of OMFIF; Cornelia Meyer, Chairman and CEO of MRL Corporation Francesco; and John Nugee, Vice-Chairman of the OMFIF Advisory Board and Senior Managing Director of
03/29/2012
Lloyds TSB was the country's second most complained to bank, receiving a total of 422,830 complaints last year, of which 240,923 came in the second half, again as a result of rising PPI claims.
03/29/2012
While Natixis's stock is trading far below the frothy levels of its 2006 listing, which lured big-name investors like poker-playing hedge-fund star David Einhorn, it is the only French bank to outperform European rivals since the end of 2009 when new