06/03/2020
Instead of sales or trading, insiders many of the people who've migrated to BNP Paribas from DB instead work in technology, with DB's tech systems seeming to be the real focus of BNP's purchase.
05/28/2020
HSBC is planning to retrench more than 35,000 positions to cut costs as the Covid-19 pandemic affects its revenues, especially in continental Europe.
05/24/2020
CEO Christian Sewing has resumed his plan to cut 18,000 jobs that had been put on hold
05/22/2020
With the future still highly uncertain, there are signs that banks are strengthening benches as volatility persists.
05/14/2020
It covers the activities of ETF market-making, which consists of ensuring the market liquidity for ETFs issuers and of executing orders for institutional clients
05/13/2020
European and national regulators have granted banks more flexibility in how they can meet certain capital requirements to help keep lending flowing to businesses struggling amid the crisis.
05/12/2020
Home often seemed the better option.
05/08/2020
The structured products business is highly profitable for banks when markets are benign
05/01/2020
CEO Frédéric Oudéa pledges second round of changes in a year after ‘extraordinary’ crisis
04/30/2020
Equity net banking income totalled EUR 9 million in Q1 20
04/29/2020
Our underlying quarterly operating performance was strong, with a relatively limited impact from COVID-19.
04/28/2020
Pandemic uncertainty and new accounting rules make forecasts ‘guesswork’
04/28/2020
The UK lender will unveil its first quarter results on Wednesday, with British banks likely to suffer significant losses from bad loans this earnings season.
04/28/2020
The pandemic has caused many clients to really assess what they want their lasting legacy to be.
04/14/2020
Following a fantastic year in 2019, the market took a tumble in the first months of 2020.
04/13/2020
European lenders seen as more vulnerable, with Wall Street poised to grab market share
04/13/2020
Growth at the NBFIs platform was primarily driven by the Group’s microfinance solutions provider, Tanmeyah, which saw its top line reach the £1.0 billion mark in FY19, up 66% Y-o-Y.
04/13/2020
Small business owners have reported that the service is not working properly, with banks too slow to provide loans.
04/12/2020
Economic expansion in 2019 provided solid growth for investment banks, but the COVID-19 epidemic suggests contraction ahead.
04/09/2020
CEOs Ditching Dividends Should Consider Their Pay, Investors Say