03/15/2017
Bank Audi Egypt signs MOU with European Investment Bank for $30m loan
Flotation boosts Bank Audi Egypt profits to EGP 1.88bn at the end of 2016
Investment Banking
03/15/2017
JP Morgan’s investment bankers ride high on UK hat-trick
M&A mandates from Wood Group, Aberdeen Asset Management and Booker have given the bank a bumper start to the year in the UK
03/14/2017
Siemens Gets Banking Licence
Siemens Bank’s clients primarily include companies, special purpose entities and public-sector debtors.
03/14/2017
Nordea could move headquarters out of Sweden
It would raise the fee banks pay to the resolution fund money that is available to bail out failing banks.
03/14/2017
Non-bonuses paid, people are leaving Deutsche Bank
Deutsche is also paying retention bonuses to a small number of the staff it values the most.
03/14/2017
Revealed: Deutsche Bank swipes another chunk from bonus pots, having already trimmed payouts for one in four staff
The bank announced in January it would be canning individual bonuses this year for anybody with the words vice president, director or managing director in their job title, which is roughly 25 per cent of its 100,000 workers.
03/14/2017
Bank of America likely to locate in Dublin post Brexit
Bank could move jobs to other European cities if UK loses easy access to single market
03/14/2017
Investment banking comes with a health warning
BSB study of 28,000 finance staff shows that many feel their work hurts their health and wellbeing
03/14/2017
Rainmakers put to work on Wood Group/Amec deal
Goldman's co-head of Emea investment banking and BAML's vice-chairman of CIB in Europe are among those involved in the £2bn deal
03/13/2017
Barclays sets up unit to spice up IB returns
The unit would help the international arm deploy its risk-weighted assets and manage its balance sheet.
03/13/2017
May to Call on Brussels to Return $10.95Bln Held by EU Investment Bank
The United Kingdom held a referendum last June and decided to leave the European Union.
03/13/2017
JP Morgan eyes Dublin expansion
A JP Morgan expansion would represent a fillip for the Irish authorities as they seek to pitch for a share of financial services jobs that are being transferred out of the UK ahead of its exit from the European Union.
03/13/2017
U.K. Banks Said to Seek Closer U.S. Financial Ties After Brexit
Barclays Chairman John McFarlane, who also leads TheCityUK, is overseeing the project.
03/13/2017
DNB’s troubles cut into CEO’s bonus
Now his compensation has been affected for the first time since the finance crisis in 2008-2009.
03/10/2017
Qatar royals, HNA to boost stakes in Deutsche Bank
In both cases, no final decision has been made on the final size of the investments.
03/10/2017
Deutsche Bank considers pulling out of some European retail ops: sources
Deutsche Bank investors have criticized in the past that the lender was losing money in some of its non-core European markets.
03/10/2017
Some of SocGen’s most senior quants are now launching their own firms
Senior quants in investment banking are not immune to job cuts and many have taken the opportunity to launch their own businesses
03/09/2017
This Barclays managing director is the latest senior banker to launch his own boutique
Kinnerton Capital will help companies solve financing and treasury issues.
03/09/2017
JP Morgan teams up with BNP Paribas for T2S access
JP Morgan’s partnership with BNP Paribas will provide access to the ECB’s T2S platform in a bid to boost settlement and liquidity management.
03/09/2017
First-of-a-kind $3bn Green Capital Note issued by Crédit Agricole
Capital markets can contribute so much to the mitigation of climate change risk and the necessary renewal of public infrastructure.