11/03/2016
SocGen profits slide but beat estimates with a boost from bond trading operations
Adjusted group net profit actually saw a rise of 39 percent from the same period last year.
Investment Banking
11/03/2016
Santander in Talks to Buy Back 50% Stake in Asset-Management Unit
Spanish bank is in discussions with Warburg Pincus and General Atlantic to buy back stake it sold in 2013
11/03/2016
Metro Bank to continue expansion despite Brexit
Metro Bank plans to increase its branch network from 44 to 100 by 2020
11/03/2016
SocGen third quarter profit beats forecasts on foreign retail banking, trading
The French bank benefited from a turnaround in Eastern Europe where its business swung into profit
11/03/2016
Société Générale Beats Forecasts on Investment Banking Gains
ROE excluding non-economic items** of 9.7% in Q3 16 (7.0% in Q3 15)
11/03/2016
Mergers Could Help European Investment Banks Compete With U.S.
The idea of merging investment banks may sound so last century and more than a little stupid.
11/02/2016
Investment banking start-up launches blockchain trading platform for buy-side
The platform uses Microsoft Azure’s cloud technology, open-API and software as a service for simpler integration to legacy systems.
11/02/2016
Pioneer Investments for sale — again
Crisis in Italian banking forces UniCredit to put asset manager back on the market
11/02/2016
This Giant French Bank Is Better Off as a Car Rental Agency
BNP Paribas SA and Banco Santander SA have also increased their leasing businesses
11/02/2016
Brexit prompts BTMU to realign European banking operations
The plan is set to be implemented in fiscal 2017.
11/01/2016
NatWest strikes deals to pass on riskier customers
UK bank agrees to refer businesses that do not meet its criteria to other lenders
11/01/2016
Tackling gender inequality 'could add £10tn to world economy'
The World Economic Forum found the gender gap had widened in the past four years and predicted it could take 170 years for women to reach parity.
11/01/2016
$17bn investment bank pulled every penny out of Britain because of Brexit
'We started selling off our UK holdings to absolute zero maybe a month before the vote.'
11/01/2016
Deutsche Bank opens third party developer portal
This collaborative approach will both help external parties and Deutsche Bank to reduce time-to-market for new products and services to the benefit of our clients.
10/31/2016
Deutsche bankers’ ‘toxic’ bonuses plan
The group is mulling plans to offer shares in its non-core unit, which houses the toxic loans, instead of cash payments.
10/31/2016
HSBC has 3,000 people working on innovation in the same London office as rock and roll mag NME
The office block is so attractive that it advertises itself for wedding hire.
10/31/2016
Don’t get out that black suit just yet, European banking is not dead
Barclays meanwhile saw a 40 percent increase in revenues from bond trading.
10/30/2016
StanChart In Talks For Chinese Aviation Financing Venture - FT
Boeing Co, the US aircraft making giant, has forecast China's aviation industry will spend USD1.00 trillion on planes in the next two decades.
10/28/2016
ING says oil price drop offers chance to expand Middle East business
Company aims to tap business in areas like mergers and acquisitions, green finance and commodity, currency and interest rate hedging
10/28/2016
Barclays mulls Europe move after Brexit
The bank’s pre-tax profits rose 35 per cent in the third quarter