07/02/2018
Metro Bank short interest jumps as hedge funds look forward to next fundraising
Metro Bank has been open about its need to raise more capital to fund its growth ambitions.
Investment Banking
07/02/2018
Investment bank expands Asian footprint with two new offices
The move will give UK clients access to Asia's burgeoning M&A and investment markets
07/02/2018
Sweden's Nordea to buy Norwegian insurer Gjensidige's banking arm
Nordea, which will move its headquarters from Sweden to Finland this year, expects to deliver annualised cost synergies of about 25 million euros ($29 million) from the combined company's cost base by 2022.
06/29/2018
A new factoring company entering the Lithuanian market
The Bank of Lithuania is refraining from commenting one the arrival of a new market player.
06/29/2018
The pound is 'extremely vulnerable' right now — but Goldman Sachs thinks it is heading for a big jump
The pound has ridden something of a roller coaster in the two years since the UK voted to leave the European Union, dropping from close to $1.50 to a low of $1.20
06/28/2018
German banks invest in digitisation to boost revenue
But some moves have been criticised as one-dimensional and poorly thought through
06/27/2018
Santander among potential buyers for SocGen's Polish bank: sources
Societe Generale, Credit Agricole, Santander, and Millennium bcp declined to comment.
06/27/2018
Irish Banks Are Poised to Face Increased Capital Demand
Counter cyclical buffer set at zero since introduction
06/27/2018
BofA starts trading operation shift from London to Paris
US bank says three senior executives will move to French capital next year
06/25/2018
Denmark's new business minister talks tough on Danske Bank scandal
Danske Bank has launched its own investigation into the Estonia case and will present its findings in the autumn.
06/21/2018
Deutsche Bank to pay US$205 million to settle NY currency rigging charges
Deutsche Bank AG has agreed to pay a fine of US$205 million for violations of New York's banking laws, the state's department of financial Services said on Wednesday.
06/19/2018
UK banks are increasingly closing branches
This means many consumers are now unable to access many services unless they do so online.
06/18/2018
The unsettling return of bullish investment banks
Does being back to pre-crisis levels of profit signal a cyclical top?
06/15/2018
StanChart to set up new global business services hub in Warsaw
Wall Street banks Goldman Sachs and JP Morgan have said they are also planning to increase their presence there.
06/15/2018
British Business Bank sets up £2.5bn fund for ‘unicorn’ firms
UK government says the private sector will bring in another £5bn in investments
06/15/2018
Barclays is hiring investment bankers to cover Europe, from London
Barclays has 10 offices in EMEA, located in Paris, Frankfurt, Madrid, Lisbon, Milan, Zurich, Dublin, Amsterdam, Stockholm and Tel Aviv. Nonetheless, all but one of the new hires are based in London.
06/14/2018
Credit Suisse Is Said to Cut Senior Investment-Banking Jobs
The cuts have mostly been focused on London, the people said.
06/14/2018
Deutsche Bank Launches eVault Technology to Power Paperless Solution
The repository system relies upon digital tamper-proof seals and has an audit trail that ensures compliance and provides detailed reporting.
06/14/2018
ABN Amro's German Bank Boosts Client Assets While Cutting Jobs
"In times of low interest rates, many customers are interested in finding additional sources of return," Hanegraaf said
06/13/2018
Deutsche Bank CEO says Europe must create conditions for banking consolidation
Christian Sewing, the new CEO of Germany’s largest bank, said that the German and European markets were too fragmented, with disparate rules on insolvency, consumer protection, and mortgage securities.