07/31/2019
Lloyds profits falls by 7 per cent over PPI pain
Lloyds pre-tax profits on an underlying basis fell by 1% to £4.19bn for the same period.
Investment Banking
07/30/2019
Deutsche Bank sets deadline for equity derivatives sale
Co-head of German lender’s bad bank expects bids in September as it seeks to dispose of assets
07/29/2019
EIB plan for €60bn development offshoot sets scene for EU spat
Proposal pre-empts review of how bloc should co-ordinate international lending firepower
07/23/2019
The day Deutsche's boss decided on a radical overhaul
When Deutsche Bank's offices were raided last November, Christian Sewing decided it was finally time to wrestle control of the bank back from its traders.
07/23/2019
UK profits plunge by a third at Santander
Santander earns EUR 3,231 million in attributable profit for the first half of 2019, after EUR 814 million of charges relating primarily to planned restructuring costs
07/21/2019
HSBC will compensate 18,000 customers for unfair debt charges
HSBC to repay more customers for historical debt fees
07/19/2019
Deutsche Bank among the near-dead? No, but watch for Plan C
Getting cash from a quick sale of DBTC subsidiary is not how the bank’s management sees its future
07/19/2019
Royal Bank of Scotland Great British Entrepreneur Awards finalists revealed
Now in their seventh year
07/18/2019
Santander Asset Management launches multi-manager funds range
The firm also said that it has defined each product to fit the profile of its clients and will have control over the risks of each vehicle.
07/17/2019
AIIB puts emphasis on international cooperation at annual meeting
There was also a series of announcements on support for new projects.
07/17/2019
Handelsbanken's Interim Report january
Summary January – June 2019
07/17/2019
Handelsbanken to close its branch in Poland
This, combined with changes in many customers’ behaviour and an increase in the investments needed, has resulted in the Bank deciding to discontinue its operations in Poland during 2020.
07/17/2019
Deutsche Bank cuts tech spend as rivals ramp up digital
Even with the digital revolution in finance accelerating, technology budget for German lender that cut 18,000 jobs in revamp this month is a fraction of US banks' investments
07/15/2019
Handelsbanken’s interim report for January-June 2019 will be presented on July 17
There will also be time for questions from the participants.
07/15/2019
In world turned upside down, Deutsche Bank’s art escapes cuts
Yet the collection, boasting more than 55,000 pieces by more than 5,000 artists from 40 countries and built up over almost 40 years, looks set to be virtually unscathed by the struggling bank’s €3 billion restructuring, involving thousands of j
07/14/2019
JP Morgan plans City hiring spree - despite claiming Brexit will lead to job losses
“As others cut back we’re growing,” said Doug Petno, the bank’s global commercial banking chief who reports into Mr Dimon. “We’re very careful about who we hire - we want people running towards us, not running away from
07/12/2019
Deutsche will not be the last victim of the automation wave
Investment banks are having to spend billions just to try to keep up
07/12/2019
Deutsche will not be the last victim of the automation wave
Investment banks are having to spend billions just to try to keep up
07/11/2019
UniCredit sells last stake in FinecoBank via ABB process
"The overall capital impact is estimated to be an increase of approximately 30 basis points in the UniCredit Group CET1 capital ratio in Q3 2019," said UniCredit.
07/10/2019
Deutsche Bank bosses fitted for £1,200 suits as thousands lose their jobs
Tailors visited executives at London office on day 18,000 staff cuts were announced