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HSBC offshores 200 IT jobs; closes 62 branches

HSBC is focusing its spending on digital channels

Spain's Banco Santander posts 4 pct full-year profit rise, beats forecasts

For 2016, net interest income, a measure of earnings on loans minus deposit costs, was 31.1 billion euros

Santander posts rise in profit as Brazil makes up for poor UK figures

Profit in the UK slumped by 14.7 per cent in the year

Deutsche Bank eyes IPO for asset management arm

Deutsche Bank had revealed that it would be splitting its asset and wealth management businesses in a major overhaul.

EIB to remain top investor against climate change

Climate investment is already about a quarter of EIB total loans.

Banks may lose EU access unless UK abides by Brussels regulations

Eurogroup chairman says ‘hard truth’ would be difficult to accept in Britain

Greg Clark set to scrap sale of UK’s Green Investment Bank

Pressure has also come from Westminster and Holyrood over the scheme.

A senior Citi trader just turned up at this ex-colleague’s hedge fund

He quit Citi’s London office in June 2016 and joined Silver Ridge this January, suggesting he had a 6 month period of gardening leave.

Deutsche Bank limits individual bonuses for 2016

A limited number of employees will be granted a special long-term incentive award.

Lloyds said to shuffle jobs ahead of strategy review

Carla Antunes da Silva, former head of European banks research at Credit Suisse Group, who joined Lloyds about a year ago, will also work on the next strategic update the people said.

Why Deutsche Bank is still firing and Barclays is done

So why for the moment has Barclays come out on top?

US bankers hatch two-stage Brexit plan for City

Executives seek to win time to decide how many jobs to shift out of London

U.S. Banks’ Trading Dominance Widens as European Rivals Retreat

The market shares are based on trading revenue reported by the 15 largest broker-dealer banks worldwide and include only the first nine months of 2016.

HSBC set to shift 1,000 jobs to Paris over UK departure from single market

The investment grade bond market moving, the equity market moving and the high-yield bond market moving.

Deutsche Bank said to warn job cuts continuing as bonuses axed

The global markets business is making front-office cuts this week and next, according to a third person.

LLB Profit Rises Significantly

It had higher income from financial investments and a valuation gain for interest rate hedging instruments due to increasing long-term interest rates in the second half of the year.

HSBC CEO Says Bankers Generating 20% of London Revenue May Move

The bank confirmed that he was referring to the lender’s global banking and markets operations in the U.K. capital.

Strong year for Zeus Capital as deals top £1bn

The firm led on a number of the region’s most high profile deals.

UBS CEO says bank has flexibility over passporting rights post-Brexit

UBS set up a bank in Frankfurt to consolidate most of its European wealth management operations

Conquest launches renewable energy equity fund dedicated to institutional investors

These assets are initially sourced from partnerships signed with large renowned renewable energy players, the company notes.

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