06/18/2019
Deutsche to set up €50bn ‘bad bank’ in radical overhaul
The German lender, which employs about 8,000 people in London and Birmingham, also will make severe cuts to its equities and rates trading businesses outside continental Europe.
Investment Banking
06/17/2019
Deutsche Bank to set up €50bn ‘bad bank’ as part of overhaul
Germany’s biggest bank will shrink or shut its US equity and trading businesses
06/14/2019
Bonuses for women are 69% lower at HSBC unit
HSBC is Europe’s biggest lender and employs about 235,000 staff around the world.
06/13/2019
HSBC's investment banking job cuts have quietly started in London
Surprisingly, insiders say those given notice include client services staff - it's not all about the back office.
06/12/2019
Deutsche Bank Warns Clients They Could Be Cut Off in Compliance Effort
Latest Deutsche Bank letters seek documentation from around 1,000 investment-bank clients
06/12/2019
Deutsche Bank completes sale of its Portuguese private & commercial arm to Abanca
The operation represents further progress by Deutsche Bank in executing its strategic objectives, in particular with respect to reducing complexity, costs and the number of full-time equivalent employees, the German bank said in a note.
06/12/2019
Deutsche Bank grapples with capital raising to pay for cuts
German lender’s options to raise cash are limited as shares languish near record lows
06/10/2019
Deutsche Bank finds serious failings in payments screening
Weakness in anti-money laundering and sanctions controls found by internal auditors
06/08/2019
The Lloyds share price is falling again! Is it time to sell?
Investors in the big banks have had a bumpy ride for the last dozen years, and there’s little sign of respite.
06/07/2019
Deutsche Bank investment banking boss targeted in tax probe
Garth Ritchie investigated by Cologne prosecutors over link to illicit tax transactions
06/06/2019
Investment bank environment still very fragile says UBS
Ermotti on Thursday highlighted particularly tough market conditions in Europe and Asia, key areas for the lender’s investment banking business.
06/04/2019
ING's CEO sees 'limited' logic for European cross-border mergers
Banking bosses have recently aired differing views on whether cross-border mergers are either desirable or achievable.
06/03/2019
HSBC leads way with protection from financially abusive partners
The bank will allow victims to close joint bank accounts without their abuser’s permission. Normally, both parties have to agree for the account to be closed.
06/03/2019
Deutsche Bank, UBS explored the idea of merger this year
The move underscores the wide range of options Deutsche Bank has been willing to explore as chief executive officer Christian Sewing hunts for a new strategy to present to investors.
06/03/2019
Deutsche Bank: Greece must not regress on reforms
So while strengthening our bank, we will continue to assess opportunities as they arise.
05/31/2019
Japan's largest bank targets big job cuts among London managers
MUFG will accept applications until the end of July and the number of retirees will be decided on that basis, a person with knowledge of the matter said.
05/31/2019
Barclays London Stocks Unit Is Thriving on Tax-Reduction Trades
Dividend-arbitrage trades target anomalies in withholding taxes that governments levy on payments made to shareholders.
05/30/2019
Resilience: three lessons from the financial crisis - speech by Dave Ramsden
In this speech Dave Ramsden talks about resilience.
05/30/2019
Investment banking jobs on the line at HSBC
CEO John Flint cracks the whip to bring costs down at the earliest
05/28/2019
5 Major Investment Banks Fixed Forex Markets in Secret Chatrooms, Threatened Members
UBS is notably included in this new lawsuit.