02/06/2012
Crédit Agricole is launching a new financing model in its corporate and investment bank which will allow France’s third-largest lender by market value to continue project and trade finance, despite upcoming unfavourable capital rules, accordi
02/02/2012
The drop in quarterly profit weighed on the bank’s annual earnings, which fell 35 percent, to 5.35 billion euros ($7 billion), in 2011.
02/01/2012
Stratton Street Capital LLP has announced the addition of two further currency classes to its Renminbi Bond Fund
02/01/2012
Prime Minister David Cameron and party leaders said it was the right decision.
01/27/2012
As at 31 December 2011, the negative mark-to-market of the Group's interest rate swaps was -£29.8 million, a reduction of £0.8 million or 2.7%. This represents 8.4 pps or 17.6% of the Company's NAV.
01/27/2012
Net income increased to $202.3 million, or 44 cents a share, from $175.2 million, or 37 cents, a year earlier, Atlanta-based Invesco said in a statement today.
01/26/2012
Chief executive Federico Ghizzoni is raising money to boost capital and comply with European Banking Authority targets.
01/26/2012
Client assets increased almost 11 percent to 72 billion francs in 2011 following the acquisition of ABN Amro Group NV’s Swiss wealth-management unit, UBP said on its website today.
01/24/2012
ECB President Mario Draghi said last week he expects demand for loans next month to be “still very high,” though “probably lower than in December.”
01/24/2012
Banks including Goldman Sachs Group Inc. and Morgan Stanley cut bonuses after anxiety about Europe’s sovereign-debt crisis helped depress profits and share prices last year.
01/24/2012
Germany and France seek relaxation of bank capital rules-FT
01/24/2012
Nordea Bank AB, the Nordic region’s largest lender, said fourth-quarter profit rose 2.1 percent as higher income from lending offset rising losses on bad loans.
01/23/2012
The merger of the two largest private sector banks in Greece is “a game-changer decision of historic proportions which enhances the ability of the country to overcome the crisis, stabilizes the banking system and sends a positive message regarding t
01/22/2012
RBS is selling Hoare Govett and its wider cash equities, equity underwriting, and mergers and acquisition businesses as part of a restructuring of its global banking and markets (GBM) business.
01/22/2012
Mariani also said talks with Royal Bank of Canada about the sale of Dexia’s 50 percent stake in their joint venture RBC Dexia Investor Services are nearing completion.
01/20/2012
In the words of a recent recruit – it’s the biggest bank you’ve never heard of.
01/19/2012
Citi's rivals JPMorgan Chase and Bank of America have Europe problems, too, but they also have U.S. branch networks about five times the size of Citi's. And bank business in the U.S., like the economy, is improving.
01/19/2012
Big Four firm regains leadership position in 2011
PricewaterhouseCoopers Regains Leadership Position In 2011
01/19/2012
Risk Appetite Back to Pre-Third Quarter Crisis Levels
01/18/2012
Having fired more employees than in any other country last year, the capital’s banks are facing falling trading revenue, attacks from politicians to reduce pay and more job cuts.