03/26/2012

BAML wins prime broker mandate for Paris hedge fund

Bernheim, Dreyfus, which manages $200 million in assets and which tries to make money by betting on M&A (mergers and acquisitions) deals, said on Friday it would split its activities between BAML and existing broker Newedge.

03/26/2012

New UK bank plots fresh Lloyds Banking Group branch bid

That would mean shareholders in Lloyds – including the taxpayer, which owns 40pc of Lloyds through UK Financial Investments – will be allowed to choose between taking a new share in the Verde spin-off or accepting cash from NBNK.

03/21/2012

Deutsche top Europe commodity bank, beats Barclays

Both banks have been battling in recent years to challenge the supremacy in lucrative commodities by U.S. investment banks Goldman Sachs, JP Morgan and Morgan Stanley , which hold the top three global positions.

03/21/2012

BNP Paribas plans trade finance fund this year

BNP Paribas is planning to launch a fund this year to drum up new liquidity for trade finance, Jacques-Olivier Thomann, the managing director of the bank's Geneva office, said on Tuesday.