05/07/2019
Morgan Stanley is planning to send a formal notice to the Russian central bank that it will close down its banking operations in the country in the first quarter of 2020, its Russian unit said in its annual report.
05/03/2019
Irish unit being built up to become the British banking giant’s hub in the EU
05/03/2019
That underscores the impression the New York-based investor was in over his head.
05/03/2019
A spokesman for Lloyds said the company would not break down the figure further.
05/03/2019
Our solid results are also based on good risk management and the controlled development of our costs, which will continue with the new cost-saving measures that we have recently introduced.
05/02/2019
Lloyds Bank is prepared to weather further Brexit uncertainty, the group’s chief executive said today as the bank reported results for the first quarter.
05/02/2019
The bank said clients had returned in the last month of the quarter.
04/30/2019
Footsie manages only modest gains, kicking off the week with a lacklustre session
04/30/2019
The share repurchase plan comes after StanChart CEO Bill Winters unveiled in February
04/30/2019
Our priorities are very clear – to increase business momentum and at the same time reduce the structural cost base; we are executing on both.
04/28/2019
In 2009, Bob Diamond and BarCap were the financial sector’s Man Utd. Now investors want the unit brought to heel
04/26/2019
Raiffeisenbank set to grow faster than market in 2019
04/26/2019
“UK employment and wages have held up fairly well so far, but increased credit card and car finance activity means a downturn would hit Lloyds’ books pretty quickly.”
04/26/2019
In the UK mortgage market, RBS lent £7.6bn in the quarter, bringing their lending in the housing market total up to £150.6bn.
04/25/2019
The bank has been suggested as a “white knight” for Deutsche last year, a possibility that the shareholders appear to be less than keen on.
04/25/2019
Christian Sewing, Deutsche Bank's CEO, said in a memo to employees: "After thorough analysis, we have concluded that this transaction would not have created sufficient benefits to offset the additional execution risks, restructuring costs and ca
04/25/2019
Senior Barclays staff have been bracing for job cuts following the surprise departure of top executives
04/24/2019
Chief executive Ross McEwan receives a pension of £350,000, which amounts to 35 per cent of his £1 million basic salary, but those working in branches typically receive just 10 per cent
04/23/2019
They could either revert to the original cost-cutting plan that Sewing was brought in to deliver, perhaps with a bit more chopping away of red meat at the investment bank.
04/23/2019
Credit Agricole will own 69.5 percent of the merged unit, which will keep the brand name of Agricole's existing asset management arm - Caceis. Santander will hold 30.5 percent.