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.
04/23/2019
US-based activist investor will ramp up pressure on bank if first-quarter results fail to impress
04/18/2019
“The EU bank seeks to ensure better access to finance for SMEs at all stages of development through a range of tailored instruments.”
04/18/2019
“Until publication of intelligence on the OCCRP website in March 2017, Deutsche Bank was not aware of the money laundering scheme
04/17/2019
The launch of Citi’s ACES platform highlights our commitment to continuously strengthen our offering and support our clients’ ETF needs holistically across products and geographies.
04/17/2019
In doing so, the tool is said to classify users into four investment characters and measure them against nine behavioural traits, local Malaysian newspaper The Star Online reported.
04/17/2019
The transaction would combine two strong custody and asset servicing players to form a truly global player with enhanced growth prospects.
04/16/2019
Combined bank could recognise a profit of more than $18bn using an obscure accounting method
04/14/2019
The latest attack on Bramson’s plans to shrink Barclays’ investment bank comes after David Cumming, chief investment officer of Aviva Investors and a supporter of the activist in the past, said he would side with Barclays.
04/12/2019
In both cases JPMorgan customers can also choose to switch to an alternative provider as the fund group shuts its service for direct investment trust and ISA customers.
04/12/2019
The sale of the stake will also improve the Arbuthnot's regulatory capital position, the lender said.
04/10/2019
Two of those meetings happened in January, while the third was on March 18, the day after Deutsche and Commerzbank publicly confirmed they were in talks about a possible merger.
04/09/2019
Societe Generale today announces two adjustment projects.