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Morgan Stanley IM launches developing opportunity fund

Developing Opportunity offers investors the same potential long-term capital appreciation that has underpinned the strong success of MSIM's high-performing Global Opportunity fund.

Danske Bank Profit Slumps After Money-Laundering Scandal

Investors are waiting to learn how much Danske might be facing in fines as investigators across Europe and in the U.S. look into allegations of money laundering.

Morgan Stanley Investment Management launches Developing Opportunity Fund

The Fund invests primarily in companies with capitalisations within the range of companies included in the MSCI Emerging Markets Net Index.

Morning Coffee: UBS decided it only wants these special bankers. London bankers still say they’re exhausted.

There is, of course, a fairly clear shift in emphasis implied in where the money’s being spent.

French state lender to launch multi-billion euro fund to boost firms

The new fund would give extra financial firepower to Bpifrance, which already manages a 15 billion euro portfolio of state shareholdings.

Deutsche’s investment bank shows signs of recovery

German lender reports sharp rise in revenue from bond trading and advising on debt sales

UBS to Hire 20 Managing Directors to Boost Investment Bank

New investment bank strategy is focused on four core areas

This year's bonus round: initial reactions

Banks never comment on actual bonuses, so bonus reports are necessarily subjective and incomplete.

JPMorgan to buy Paris building to bring euro teams from London

That reflects a wider trend of banks shifting selected activities to euro-zone cities ahead of Brexit, without calling into question London's dominance as Europe's premier financial centre.

Brazilian investment bank opens office in Portugal

The bank's operations in Portugal will be led by its partner Ricardo Borgerth, who brings 16 years' experience at the firm's wealth management division.

Barclays said to be cutting some top director roles in investor banking

Barclays CEO Jes Staley has clamped down on expenses, and in 2019, he said the bank cut 3,000 jobs in the second quarter

Wells Fargo is building out its investment bank in Paris

The bank has named Nick Bennett CEO of WFSE, subject to regulatory approval. Bennett was previously the bank's head of fixed income and trading for EMEA.

Barclays has made itself a pariah over the climate crisis – now it's time for a boycott

The problem is that other big institutional investors will buy that sort of crap because that’s what big institutional investors usually do.

Morning Coffee: JPMorgan's warning about working for 2nd tier banks. The thing about all those new Python jobs

Pinto signaled too that 2020 will be a year in which banks like JPMorgan continue to juice their technology spending to get more out for what they put in.

Lloyds Banking Group reveals £1.6bn boost for Scots businesses

Part of that money saw Bank of Scotland support Lerwick Port Authority to develop a new white fish market at Lerwick Harbour by providing a £3 million funding package.

SocGen: making the case for European bank champions

EU politicians are warming to cross-border mergers. The French lender wants to be at the forefront

Here are the most written about companies of 2020

Sainsbury's was written about on 840 occasions across the business pages as its failed attempt to merge with riv brought it significant attention.

Deutsche Bank-Cerberus Advisory Agreement Set to End

Cerberus has been a paid adviser and a top shareholder of the German lender

Nordea acquires Norwegian subsidiary of SocGen

The acquisition of SG Finans is subject to regulatory approvals and is expected to close in the second half of 2020.

How a French farmers’ favourite made hay in investment banking

Crédit Agricole reaps reward from early post-crisis exit from markets trading business

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