02/27/2018
Goldman May Sell Its $1.4 Billion New European HQ in London
The exact value of the building will largely be determined by the rent Goldman agrees to pay, the people said.
Investment Banking
02/27/2018
Standard Chartered restarts dividends as profit returns
Bank shows improvement in bad loans but return on equity still low
02/26/2018
Deutsche Bank targets €2bn in Frankfurt fund unit float
Deutsche said it would target fund growth of between 3-5% and a fee margin of 30 basis points.
02/26/2018
Royal Bank of Scotland gets proactive on digital as reactive legacy issues are ticked off
There will, inevitably, be more focus on Artificial Intelligence and Machine Learning as part of the wider digital thinking
02/21/2018
Here’s how much you earn at HSBC’s investment bank vs. Goldman Sachs and others
HSBC had 677 material risk takers in its investment bank last year.
02/21/2018
Deutsche Bank thinks big in City
The office is due to be completed by November 2021.
02/21/2018
Lloyds Bank profits climbed 24% — but it is still feeling the pain from PPI claims
Lloyds Bank profits increased 24% in 2017, with the bank bringing in £5.3 billion profit before tax.
02/21/2018
UK's Metro Bank reports first annual profit
Its loan-to-deposit ratio rose to 82 percent in the fourth quarter ended Dec. 31.
02/21/2018
Generali launches AM division
The launch of Generali Investments Partners SGR is part of Generali’s reshuffle plan of its asset management business, seeking to concentrate it in two divisions, this new entity alongside the recently launched Generali Investments Europe.
02/20/2018
Deutsche Bank is said to cut at least 250 investment bank jobs
They include Marc Benton, who oversaw European energy investment banking, and Evans Haji-Touma, who focused on sovereign wealth and public pension funds, according to the people.
02/20/2018
Nomura Luxembourg subsidiary becomes ‘super ManCo’
Nomura Bank (Luxembourg), which has €59.3 billion of assets under custody, also said it would expand its depositary services to Ucits funds.
02/20/2018
Al Rayan Bank’s GBP 250m Sukuk offering
Clifford Chance capital markets partner Christopher Walsh, senior associate Adam Craig and associate Sarah Cheng advised Standard Chartered as arranger.
02/19/2018
Ex-Credit Suisse trader reiterates harsh reality of fintech fantasies. Generous Deutsche Bank bonuses tipped things over the edge
The FT’s article also unearths a whiff of authoritarianism which is perhaps inevitable in a company set up by one man which is struggling against the odds to make money.
02/18/2018
RBS looks to be in the money – but looming fine may put paid to that
The bank’s reporting a profit for the first time in 10 years but its troubles aren’t over – and it’s not the only one in difficulty
02/16/2018
HNA Lowers Deutsche Bank Stake, Intends to Keep It at 8.8%
“HNA will continue to be a significant investor in Deutsche Bank.”
02/15/2018
PTSB ‘may struggle’ to offload its bad credit
It comprises non-performing buy-to-let loans and residential mortgages.
02/15/2018
Credit Agricole's markets side outperforms Natixis
Natixis and Credit Agricole said their investment banking fees were down for the last three months of 2017, by 12% to €74m and 14% to €62m, respectively.
02/15/2018
National investment bank needed to boost SME lending, think tank says
The new lender could be independently financed at ‘no ongoing cost to the taxpayer’.
02/14/2018
Japanese Banking giant Invests in London's Broadgate
“The building is an excellent example of how we add value through investing in our existing buildings and the spaces between them.”
02/14/2018
Natixis Is Buoyed by Inflows at Loomis Sayles and Trading Gains
Among big European players, only French rival Societe Generale SA had a smaller trading drop in the fourth quarter.