07/31/2017
HSBC sees half-year profits rise by 5%
The bank has used share buybacks to offset the impact of shares being paid out as dividends.
Investment Banking
07/31/2017
HSBC posts 5% rise in half-year profit
The firm also announced a 2 billion US dollar (£1.5 billion) share buy-back as outgoing chairman Douglas Flint pointed to a multitude of factors behind the positive results.
07/28/2017
BNP Shows Europe Can Still Build Investment-Bank Champions
Long a leader in equity derivatives and structured products.
07/28/2017
Barclays in first-half loss after Africa sale
The second quarter saw us complete two critically important planks of our strategy; both of them ahead of schedule
07/28/2017
Barclays Reveals Client Names To German Finance Agency
The trade data is sent to the agency each month, but the information about the clients is supposed to be kept secret
07/27/2017
Deutsche Bank surprises with jump in profit
Expectations for the quarter were modest
07/26/2017
Germany’s big banks profit from low interest rates
Pressure on hundreds of savings banks could lead to wave of consolidation
07/26/2017
Metro Bank accelerates capital raising with share placement
Challenger bank reports a pre-tax profit of £6m in the first half following a surge in lending
07/26/2017
UniCredit embarks on test phase for European instant payments
The scheme is intended to provide a pan-European, instant payment processing service that works 24 hours a day, 365 days a year.
07/26/2017
BNP Paribas to buy out full stake in Italian insurance unit from Ageas
The French bank's insurance unit BNP Paribas Cardif has agreed with Ageas to buy out its 50 percent stake in Cargeas Assicurazioni
07/26/2017
Deutsche Bank nears deal on bonuses paid to former managers: source
German newspaper Handelsblatt was the first to report on Wednesday that a resolution was in sight.
07/25/2017
Deutsche AM sets up research division ahead of MiFID II
Responding to greater regulatory pressures
07/25/2017
Crédit Agricole Eyes Expansion in Germany
France’s second-largest bank sees opportunities in its most important market after France and Italy, especially in private banking.
07/24/2017
Barclays to charge up to £350k for research
Barclays is the first major bank to set out its stall.
07/20/2017
Morgan Stanley Picks Frankfurt for New EU Base of Operation After Brexit
The German city has emerged as a favored destination for banks seeking to relocate jobs from London.
07/20/2017
Nordea profit falls
Customer activities in the capital markets have been lower this quarter due to low volatility.
07/20/2017
Citi to add 150 new jobs in 6 EU locations as result of Brexit
The Frankfurt broker-dealer, which houses the investment bank’s trading business, will be created by converting a licence Citi already has in Germany.
07/18/2017
The U.S. head of equities at BNP Paribas mysteriously disappeared
BNP Paribas is one of the few banks going for growth right now: the French bank wants to achieve compound annual revenue growth across the corporate and investment bank of 4.5% over the next three years.
07/18/2017
Handelsbanken Q2 operating profit beats forecast
Operating profit fell by 2% to SEK 5,257m (5,347), but increased by 3% after adjustments for non-recurring items in the quarter of comparison
07/18/2017
Citigroup chooses Frankfurt as its new European trading hub
Citigroup already has around 350 employees working in Frankfurt