03/27/2018
Nordea has been losing clients since September, when it unveiled a plan to move its headquarters to Finland from Sweden in pursuit of a more hospitable regulatory climate inside Europe’s banking union.
03/26/2018
UBS Eyes Small Deals as Ermotti Sees Bank Consolidation in 2018
Bloomberg News reported this month that UBS is seeking to buy wealth management assets more aggressively after gaining greater clarity from global regulators on how much capital the bank will need over coming years.
03/26/2018
MarketInvoice lends investors’ money to UK businesses, with unpaid invoices often acting as collateral.
03/26/2018
Top executive Kim Hammonds reportedly said Deutsche Bank is the “most dysfunctional” company she has ever worked for. The criticism comes as the floundering financial giant faces immense pressure to perform.
03/22/2018
Staley says bank will return more cash to shareholders as soon as legacy misconduct issues are resolved
03/22/2018
Its move to transfer some staff there follows a similar pattern to other banks which have picked one EU center to be their main regional subsidiary in the bloc, but then locating other parts of their businesses in several countries.
03/21/2018
FN presents the 25 men and women under the age of 40 standing out in the European investment banking industry
03/21/2018
RBS needs a post-Brexit European base in order to continue offering its financial services, so-called passport rights, in continental Europe.
03/21/2018
Thanks to SIAnet, the fiber optic network with high speed and low latency stretching over 170,000 kilometers, ABN AMRO was one of the early users to introduce instant payments.
03/21/2018
With inflation at a record low and unlikely to accelerate sharply in the coming months
03/20/2018
The French bank said in a regulatory statement that it earmarked the funds to deal with investigations by the U.S. Department of Justice and the Commodity Futures Trading Commission.
03/18/2018
German private bank boasts one of the largest equity research operations
03/16/2018
Staley, feted for his achievements at U.S. powerhouse JPMorgan <JPM.N>, pledged to revive Barclays' tired investment banking franchise as soon as he joined the bank in 2015, ending years of under-investment in the wake of the financial crisis.
03/16/2018
The stability, he estimated, will only be increased by the 55-billion-euro common fiscal backstop to be established within the European Union by 2023 and by the banking union advocated by Finland.
03/14/2018
The EMC unit includes Commerzbank’s exchange traded funds portfolio, equity derivatives and other market making businesses.
03/13/2018
Natixis plans to buy a 51 percent stake in Fenchurch, which is focused on corporate finance advisory to financial services companies in Britain.
03/13/2018
Awards mostly to compensate several senior executives for payouts forfeited on leaving JPMorgan Chase
03/12/2018
This refers to a situation in which several countries borrow from just a few big international banks, raising the risk that losses in one country encourage the banks to withdraw from other borrower countries as well.
03/12/2018
The German lender's chief executive has unveiled plans to sell off a chunk of the division, which has a colourful City record.
03/11/2018
U.K. online lender’s share sale may spur IPOs from rivals