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Deutsche Bank is slashing its bonus pool and some bankers are getting zero payouts

Many bankers at the firm saw deep cuts to their 2018 bonuses, and a few who based in New York and London received zero bonuses.

UBA Group Launches Full Banking Operations in the UK

The formal launch is a sequel to the authorization of the Prudential Regulation Authority(PRA) and the Financial Conduct Authority(FCA) for UBA UK Limited to carry out full-scale wholesale banking across the United Kingdom.

Commerzbank and Deutsche Bank would gain little by merging

Low interest rates and the three-pillar system squish profits

JPMorgan prepares temporary Paris office for hard Brexit scenario

It would transfer operations essential to continuing operations in continental Europe if the UK were to leave the EU without a deal.

JPMorgan hires commercial bankers, leaders across Europe, Asia

The targets are companies with between $500 million to $2 billion in annual revenue and international ambitions, including known brands that already use JPMorgan for their U.S. business and companies whose owners are JPMorgan private wealth clients.

Clients Who Quit Nordea Now Find Themselves in Swedbank Fire

A number of clients who left Nordea Bank Abp after it opted to move to Helsinki from Stockholm ended up at Swedbank AB.

Citi Wins Multiple Debt Capital Markets Awards

The awards were decided by specialist editorial panels based on pitching processes, feedback from industry participants as well as relevant market data and league tables.

Bank of Ireland shares fall as its pre-tax profits for 2018 drop

Francesca McDonagh said the bank is committed to lowering its non-performing loans and has improved its position over the past year by almost a quarter.

SocGen could cut 1,500 investment banking jobs: Le Figaro

France-based staff would be the hardest hit, with more than 700 jobs on the line, the paper said, citing an internal document.

Banks tempt London staff to EU with Brexit sweeteners

Some of the City’s biggest lenders are working to shift thousands of employees to Europe before the UK officially exits the bloc

10 major banking trends you can expect to see in 2019

Open Banking regulations from Europe to Hong Kong, Australia, Singapore, and — soon — Canada are fragmenting traditional retail asset and liability gathering in most markets.

Standard Chartered sets aside $900 million to cover U.S., British fines

The filing is the first time the bank has quantified the possible cost of the investigations.

Gulliver’s non-travels worth £500,000

Between February and October he received a further £803,000 in salary, a fixed allowance of £1.1 million and a pension top-up of £241,000.

Deutsche Bank Plans to Rebuild South Africa Staff After Cuts

German lender also plans to expand in the Middle East region

Former Lloyd's of London chairman David Rowland passes away

David Rowland, chairman of the Lloyd's of London between 1993 and 1997, has passed away, Lloyd's said in a statement. He was 85.

HSBC has been paying some big guaranteed bonuses to attract people to its investment bank

Despite it all, the global banking and markets division turned in a passable return on target equity of 10.5% last year and HSBC is still hiring.

M&A activity in fund sector breaks 11-year record

Sale of Oppenheimer to Invesco is largest transaction as number of deals hits 253

Does Credit Suisse pay inordinately well in Paris?

While managing directors (MDs) at French banks struggle by on €200k in base salaries, Credit Suisse is said to pay favoured French MDs €400k in base salary alone.

RBS warns of Brexit damage despite profits more than doubling

Figure of £1.6bn means bank records second straight year of profit since 2008 state bailout

ABN Amro shares fall more than 6% after fourth-quarter profit misses forecast

Clifford Abrahams, chief financial officer of ABN Amro told CNBC: "Q4 was operationally solid and steady...But we had a couple of specific items in Q4, we had some expenses and elevated impairments."

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