01/16/2017

US banks’ profits leave European rivals in the shade

This week quarterly figures from Morgan Stanley, Goldman Sachs and Citigroup are expected to confirm a revival in the US banks’ trading units, spurred by hopes of higher growth, lower taxes and lighter regulation under the incoming Donald Trump admi

01/13/2017

No hiding place for Europe’s elite investment bank

European investment banks are running out of excuses. The legacy issues that have dogged them since 2008 are finally coming to an end, meaning they can now devote all their energies to fighting back against their US rivals, which have gained a bigger slic

01/02/2017

Deutsche Bank chairman rules out European merger

Deutsche, which is trying to simplify its operations to make it more efficient, would keep its investment banking operations and ensure they complied with political and regulatory rules.

12/28/2016

Italy Announces Inevitable Bank Bailout

Rigid euro zone banking rules have prevented a wider bailout of the region’s banking system, which is saddled with 356 billion euros of bad loans.