06/12/2017
Vatican bank reports $40 million profit in 2016
Cardinals, bishops and other clergy make up about 8 percent of the client base, and another 8 percent is comprised of bishops' conferences, dioceses and parishes.
Investment Banking
06/09/2017
Commerzbank seen as frontrunner for DB's Polish assets
Deutsche Bank Polska is Poland's twelfth biggest lender in terms of balance sheet size
06/09/2017
The Big Profile: CYBG chief Debbie Crosbie, a beacon of diversity in the changing banking world
The large majority of people were rightly very angry because we were on the receiving end of some very difficult issues.
06/07/2017
Exane BNP takes top research prize at ‘City Oscars’
The revised Markets in Financial Instruments Directive comes into force in January and will force fund managers to break out the cost of research from the trading commissions they pay their brokers.
06/07/2017
HSBC employee named among dead in London attack
Spanish banker who worked in financial crime compliance confirmed among the victims
06/06/2017
Nomura confronts the ghosts of its past
It is easy to understand his surprise that Euromoney should even ask.
06/06/2017
Throsby turns back the clock at Barclays
The changes in banking, where he has appointed a global head, reverse what always looked like an ambitious overstretch in Europe
06/06/2017
Credit Agricole sells its stake in Eurazeo to JCDecaux owner
Credit Agricole like other banks across Europe has sold assets and cut costs to strengthen its balance sheet to comply with tougher global banking industry rules.
06/05/2017
Uzbekistan, EIB eye to ink co-op deal
The delegation led by EIB Vice-President Vazil Hudak visited Uzbekistan in late May.
06/05/2017
Tough Times Ahead
The president of the Association of German Banks expects the going for lenders to get rough. Pan-European bank mergers could provide a solution.
06/01/2017
The discreet banker of Africa development
Nevertheless, €3 billion in European taxpayers’ money has been channelled through this glass building into the poorest countries in Africa and the Caribbean.
05/31/2017
Deutsche Bank inks $3bn Chinese project finance deal
Deutsche, which opened its first overseas office in Shanghai in 1872, is one of several foreign banks seeking to bulk up its Asian operations and it is in the process of hiring a number of telecoms, media and technology bankers in the region.
05/31/2017
Barclays to sell £1.6bn stake in African unit
South Africa’s Public Investment Corporation, the manager of the government employee pension fund, was likely to be the largest buyer of the shares being sold, people familiar with the matter said.
05/30/2017
Barclays up to third in the FTSE 100 broking rankings as JP Morgan Cazenove holds its overall top spot
The two firms also battle it out in the industrials sector, in which JP Morgan Cazenove this quarter overtook Numis to become the highest-ranking broker as it added three new clients.
05/30/2017
Malta seals €50 million loan with European banks for major social housing project
Minister Michael Farrugia says deal rubbishes PN's warnings that financial institutions are losing trust in Malta
05/30/2017
Rip-off banking fees are choking company flotations, warns OECD
The traditional model of hiring one bank for an initial public offering of shares has given way to a system of hiring a consortium of banks to underwrite the equity sale.
05/30/2017
Italy's banking fund says no conditions for more investments in Veneto banks
He said that it was not clear how much money the two banks needed and whether the amount requested would be enough to ensure the two lenders would be allowed to receive state aid.
05/30/2017
Investment banks to advise Government to proceed with AIB announcement
Transaction expected to raise up to €3bn
05/29/2017
Barclays wins more business in corporate broking
Investment bank notches up 21 FTSE 100 clients as it gains market share from rivals
05/29/2017
Barclays tipped to start hiring bankers again in Asia this year
One of the recruiters (who both asked to remain anonymous) says Barclays is likely to have “a handful” of advisory and capital markets roles in the second half of the year when its Asian strategy beds down.