04/26/2017
French investment fund Selects BNY Mellon and FundVantage to Provide Mutual Fund Services
"BNY Mellon and FundVantage have combined to provide the full array of services and scale for TOBAM to launch in the U.S. 40 Act marketplace."
Investment Banking
04/26/2017
Barclays boss Jess Staley faces City after whistleblower scandal
Scourge of bankers Andrew Tyrie steps down after exhilarating career
04/26/2017
Bank of America eyes space in Dublin in advance of Brexit
Wall Street bank seeks space capable of accommodating hundreds
04/25/2017
Russia's VTB Capital boosts team of metals traders in HK
He did not disclose the names of the four others.
04/25/2017
U.K. Fund Managers to Investment Banks: Change Bonuses or Else
Investors in Credit Suisse will have their say on revised remuneration proposals at the bank’s annual meeting on Friday, but U.K. fund managers say it’s just the beginning.
04/24/2017
Stop looking at France and concentrate on another huge risk to the EU — Italy
If the real data converge up to the surveys, it is all upside for reflation.
04/24/2017
HSBC wins mandate on $100 bln Saudi Aramco IPO: CEO
HSBC's Chief Executive Stuart Gulliver announced the bank's appointment on the deal at a shareholders' meeting in Hong Kong
04/24/2017
UK's HSBC bank wins mandate on $100bln Saudi Aramco IPO
HSBC has retained its dividend payout ratio at a higher level in the last few years.
04/24/2017
Credit Suisse investment bank COO joins small private equity advisory firm
Credit Suisse has been downsizing its UK operation.
04/24/2017
British Banking Braces for Hard Times
This all feeds into less revenue for investment banks, forcing them to cut more costs.
04/22/2017
Carney's Diversity Pledge Falters as Women Quit Bank of England
She also served as chief operating officer, yet another role that will need filling.
04/21/2017
A senior RBS investment banker has just joined a train company
RBS’s investment bank has been gradually shrinking since the bank’s near-collapse and subsequent government bailout in 2008.
04/20/2017
Macquarie poised for deal to buy UK’s Green Investment Bank
Macquarie (MQG), the world’s biggest manager of infrastructure assets, has been speculated to be eyeing GIB for more than six months
04/20/2017
Green Investment Bank sold to Macquarie in £2.3bn deal
The GIB will look to invest at least £3bn of new investment into the green economy over the next three years under Macquarie’s ownership.
04/20/2017
UK govt sells green bank in £2.3b deal
Buyer Macquarie has vowed to invest at least £3b of new funds into Britain’s green economy over the next three years
04/20/2017
Russian central bank chief says rates could be cut next week
Our central bank has been towards global standards for the past few years.
04/17/2017
Lloyds 'chooses Berlin' as base for its European hub post-Brexit
The bank reportedly considered several cities for the location of its EU base, including Amsterdam and Dublin
04/12/2017
Investment banks to see 10% boost in revenues – S&P
Citigroup and JP Morgan kick off the Q1 earnings season for Wall Street’s biggest banks this week
04/11/2017
Libor did hit bank bosses, just not the right ones
Keeping Libor rates artificially low could be defended on financial stability grounds.
04/10/2017
EU should consider billion-euro investment boost for Greece
It was important to help the country participate in a pick-up in growth in the euro zone.