11/07/2018
Chinese bank shrinks in London after £9m loss
Haitong's London operation, formed three years ago, has struggled to establish a sustainable business
Investment Banking
11/07/2018
Stifel to Acquire German Brokerage MainFirst Bank in Preparation for Brexit
The deal will see the equity research unit of MainFirst combining with Stifel’s presence in the UK market.
11/06/2018
Lloyds Bank 'to cut 6,000 jobs but create 8,000 new ones'
Lloyds has been shutting High Street outlets as more customers do their banking through apps or on the internet.
11/06/2018
SocGen to sell Polish arm to Millennium
The closing of the transaction is expected to take place in the first half of 2019, said SocGen.
11/05/2018
JPMorgan Spreads Its Urban Development Money to Paris
The area was in the center of the riots that devastated suburbs all over France a decade ago.
10/30/2018
Deutsche Bank Is Doing Just Fine, Says Its Top Investment Banker
Garth Ritchie says lender competitive, gaining some share
10/30/2018
Goldman and JPMorgan hit pause on intern recruiting ‘madness’
A push in recent years to move up application deadlines isn’t bringing in the kinds of candidates the banks need
10/30/2018
Analysts Upgrade HSBC Bank
Analysts have upgraded HSBC to £8.80 per share from £7.04. The bank is currently trading at £6.34 making it undervalued
10/29/2018
Barclays scoops the Scottish Financial Services Award
This year’s Rising Star Award was collected by Alex McCutcheon of Sopra Steria for “fostering digital talent and supporting fellow young professionals”.
10/26/2018
UBS 3Q profit boosted by investment banking
UBS reported $1.25 billion in net profit, beating estimates.
10/26/2018
Norway's Biggest Bank Falls as Profit From Trading Slides
A strong economy boosted by rising oil prices helped the bank increase lending to both households and businesses.
10/26/2018
Better-than-expected Q3 for Bank of Scotland owner Lloyds
In addition, the bank’s net interest margin - the difference between the interest received from borrowers and the amount paid out on deposits - held steady at 2.93 per cent.
10/26/2018
RBS reports Q3 Results
Compared with 2017, other expenses for the year to date decreased by £183 million
10/25/2018
Barclays - Fall in bad loans boost third quarter numbers
The UK business contains the bits we all recognise as Barclays: a High Street bank serving 22m retail customers and almost a million smaller businesses with current accounts, loans, cards and mortgages, plus wealth management.
10/24/2018
Deutsche Bank's chairman of global investment banking driven by the power of one word
Global' is the backdrop to Mark Hantho's ethos, through which he sees economic partners rather than competitors around the world
10/24/2018
Handelsbanken profit down as expenses rise
Summary January – September 2018, compared with January – September 2017
10/22/2018
High hopes for RBS as it tries to ditch dark legacy
Lloyds will also update on trading a day before RBS
10/19/2018
BNP Paribas sheds jobs in London after profits fall
BNP Paribas told its London-based staff this week that it would make up to 40 redundancies and would cut back on hiring as it tries to boost profits after a poor year.
10/18/2018
Metro Bank provides £14m facility to support London office acquisition
“We look forward to strengthening our partnership with the team over the years to come.”
10/17/2018
Wells Fargo opts for post-Brexit hub in Paris
The financial services firm has announced its application for a license in France, a day before the hotly anticipated EU summit