05/16/2019
Barclays and the Royal Bank of Scotland among five banks hit with €1bn fine for forex rigging
UBS is an addressee of both decisions, but was not fined as it revealed the existence of the cartels to the Commission.
Investment Banking
05/15/2019
Alexei Yakovitsky: VTB welcomes new investors in Russia
As part of Euromoney's 50th anniversary coverage, we profile some of the biggest names that we interviewed for our May CEE focus.
05/15/2019
UniCredit advances toward bid for Germany's Commerzbank – sources
UniCredit said in statement responding to the Reuters report that it wanted to clarify that no banking mandate had been signed in relation to any potential market operation.
05/15/2019
Goldman Sachs is moving more tech jobs to cheap locations. So, what if you want to work in New York or London?
Goldman is currently advertising six Bangalore roles in a team known as the, 'Foundational Technology Group,' which develops common solutions for managing the firm's infrastructure.
05/15/2019
Rothschild bucks trend with strong Europe performance
The bank’s revenues were boosted by advisory fees on M&A in Europe, in contrast to many rivals
05/15/2019
Hargreaves Lansdown assets boosted by market gains, net inflows
Market gains added 9 billion pounds and new business 2.9 billion pounds.
05/15/2019
Credit Agricole reports Q1 net profit fall, shares slip
The bank's top executives said the lender was nevertheless seeing generally positive signs
05/14/2019
Deutsche Bank’s debt-protection cost is not a sign of vigour
Counterparties now pay less to hedge their risk but lender is not yet out of the woods
05/14/2019
La Banque de France predicts 0.3% growth in second quarter
The growth predictions by La Banque de France are in line with those of the Insee
05/10/2019
Natixis Q1 profits lifted by capital gain on assets sold to parent bank
Analysts polled by Infront Data for Reuters had expected an average net profit of 701 million euros.
05/10/2019
SGSS mandated by Spanish Asset Manager
SGSS was chosen for its recognized experience in cross border fund solutions as well as its long-time experience in alternative funds (Private Equity, Real Estate and Loans Services), for its client support and for its complete range of global securities
05/09/2019
Commerzbank keeps adding clients, but not making much money
Five weeks of talks with Deutsche Bank to build a larger, more competitive bank through a merger collapsed last month, fuelling speculation that another bidder for Commerzbank may come forward.
05/09/2019
Investors urged to protest against Deutsche Bank chairman
Proxy adviser backs motion to axe Paul Achleitner as head of supervisory board
05/08/2019
UniCredit sells 17 percent stake in online broker FinecoBank
It said the sale was part of planned asset disposals designed to ensure the bank would meet a target of being at the upper end of a 200-250 basis points core capital buffer it wants to maintain over and above regulatory requirements.
05/08/2019
Mortgage litigation claims could hit Spanish bank results: Bank of Spain
Spain’s Supreme Court ruled in 2017 the index did not constitute an abuse of the market and that its use in contracts was transparent as the IRPH was an official measure approved and published by the Bank of Spain.
05/07/2019
Morgan Stanley to shut down its Russian banking business
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
Barclays injects €2.6bn into Irish unit in preparation for Brexit
Irish unit being built up to become the British banking giant’s hub in the EU
05/03/2019
Barclays activist gets upside for everyone but him
That underscores the impression the New York-based investor was in over his head.
05/03/2019
Lloyds profits fall flat as it takes a hit for Standard Aberdeen dispute
A spokesman for Lloyds said the company would not break down the figure further.
05/03/2019
Societe Generale: Quarterly Financial information, Q1-2019
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.