07/02/2020
Can BNP Paribas beat the investment banking jinx?
The French lender is the latest European bank with ambitious plans to take on Wall Street
Investment Banking
06/18/2020
With consolidation, Raisin takes on European promise of single market
The ensuing expansion of the cooperation with Raisin Bank has also underscored the bank’s own ambition to grow as a partner for European fintechs.
06/16/2020
Goldman banker moving from Dubai to London in latest change to Mideast lineup
It wasn’t immediately clear if Goldman plans to replace Francois in the Middle East.
06/12/2020
Bankers get on their bikes in French travel revolution
It had been considering alternative transport before the pandemic in the light of schemes to promote it by Anne Hidalgo, the mayor of Paris, and the government.
06/11/2020
BNP Paribas accelerates integration of Deutsche Bank prime brokerage business
With the integration of the Deutsche Bank business, BNP Paribas is aiming to become the top prime broker in Europe and potentially break out as a top four global player.
06/11/2020
AAA-rated PM and Amundi quant research head discuss which ESG sectors outperform
In his research, he compared the different performances of ESG investments in different regions as well as the different environmental, social and governance pillars.
06/09/2020
EU GDP: National forecasts tell us this is the squall before the storm - Chris Bailey, Raymond James
Both the euro area equity markets and the euro remain highly geared to the perceived success (or not) of such initiatives.”
06/08/2020
BNP has Goldman in its sights after beefing up hedge fund business
French bank aims to join prime broking’s top 3 following acquisition of Deutsche unit last year
06/05/2020
Citi just launched a new unit that will apply data science to dealmaking.
It's all part of a playbook to become a top-3 global investment bank.
06/03/2020
Deutsche Bank equities professionals try to settle at BNP Paribas
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 brokers deal to take full ownership of German arm
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
Deutsche Bank asks top managers to forego a month’s pay
CEO Christian Sewing has resumed his plan to cut 18,000 jobs that had been put on hold
05/22/2020
This could be the end of juniorization in investment banks
With the future still highly uncertain, there are signs that banks are strengthening benches as volatility persists.
05/14/2020
Societe Generale finalises the acquisition of Commerzbank's Equity Markets and Commodities activities
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
Deutsche Bank sells bond to boost its capital ratio as recession looms
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
Junior bankers move home: "There's no cooking or cleaning"
Home often seemed the better option.
05/08/2020
French banks plot next moves after heavy derivatives losses
The structured products business is highly profitable for banks when markets are benign
05/01/2020
SocGen to revamp trading arm after equities revenue wiped out
CEO Frédéric Oudéa pledges second round of changes in a year after ‘extraordinary’ crisis
04/30/2020
SocGen posts first-quarter loss on trading, bad loan provisions
Equity net banking income totalled EUR 9 million in Q1 20
04/29/2020
Santander profit dips, prepares for virus losses
Our underlying quarterly operating performance was strong, with a relatively limited impact from COVID-19.