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Investment Banking

11/23/2016

Wells Fargo Asset Management launches Global Focused Equity Fund and US Small Cap Value Fund

The new funds broaden the current product lineup and provide more investment options to investors. Both funds are UCITS compliant and available to institutional and retail investors.

11/22/2016

UniCredit Finds Bullish Favor Ahead of Italy Referendum, but Monte dei Paschi still Lags

Dilutive capital raising leaves Monte dei Paschi reeling while strong capital generation boosts UniCredit

11/22/2016

Banque de Luxembourg Investments: New equities fund invests in listed European family businesses

New equities fund invests in listed European family businesses

11/22/2016

The Italian Patient

Italy's largest bank is looking to dump its investment arm

11/22/2016

EUB BNY Mellon Appointed Trustee and Paying Agent on Largest Ever Local Authority Bond in U.K.

The proceeds of the issuance will be placed with the Council's Capital Fund and used to fund capital expenditure programmes on vital infrastructure projects in Aberdeen.

11/21/2016

Fosun becomes largest shareholder in Portugal’s leading bank

Fosun the biggest shareholder in the largest listed bank in Portugal

11/21/2016

Worst Asia Stocks Better Buy Than Best Bonds for Julius Baer

Julius Baer has a seven percent allocation to emerging market bonds

11/21/2016

ABN Amro third quarter profit up 19 percent; to shed more jobs

Seven analysts polled by Reuters had forecast underlying profit at 501 million euros.

11/21/2016

Dutch state sells a further 7% of ABN Amro

The transaction is due to be settled on November 21, a year and a day after the state sold the first 23%.

11/21/2016

EIF signs guarantee deals with 5 Bulgarian banks in support of SMEs

The five guarantee transactions are covering two-thirds of the target 600 million euro of total SME funding available under the initiative.

11/18/2016

Top 12 investment banks’ revenue to fall 5%

Coalition expects the revenue of the leading IBs to reduce to $152.2bn this year

11/18/2016

Deutsche Bank considers witholding bonus payouts to former CEOs

Deutsche Bank has had a volatile year.

11/18/2016

Deutsche Bank to Close Brokerage Business in Poland

Deutsche Bank has been undertaking several initiatives under its strategy 2020 to improve the overall business performance.

11/17/2016

Santander buys back asset management business

Chairman Ana Botín unwinds another part of late father’s strategy

11/17/2016

Mediobanca to sell down Generali stake in wealth management drive

Italian bank looks to diversify in face of competition from US rivals

11/17/2016

Investment banks’ profits driven by debt trading

Fixed income, currencies and commodities put in the strongest quarterly performance

11/17/2016

UBS London Operations to Stay Put for Time Being

The Swiss bank’s chairman said it will not change its London operations any time soon

11/17/2016

Dutch State Earns €1.3 Billion on ABN AMRO Sell Off

ABN Amro was nationalized duriing the financial crisis of 2008

11/16/2016

BNP Paribas Most Profitable European Bank in U.S., Filings Show

Foreign investment banks revealed figures under new Fed rule

11/15/2016

Gloom pervades German banking

It’s really hard for banks to make money here.

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