09/16/2016
French bank said reconsidering HQ relocation following Brexit
The bank could still move to Canary Wharf if Hines allows Credit Agricole to reduce or increase the space it leases in three- to five-years’ time, the people said.
Investment Banking
09/16/2016
Deutsche Bank RMBS Deal Could Test Legal Reserves, JPMorgan Says
Deutsche Bank is nearing a settlement with U.S. authorities over residential mortgage-backed securities
09/16/2016
Commerzbank to announce restructuring plans at the end of September: Sources
Commerzbank underwent several rounds of restructuring as it was badly hit by the financial crisis and the subsequent sovereign debt crisis
09/14/2016
Barclays Needs Time, Not Bob
The bad news? The road out of Africa looks like a long and winding one.
09/14/2016
Swiss-based investor enters fray for UK's £4bn green bank
Partners Group, which is listed in Zurich, is the latest member of a bidding group whose investors include General Electric and the Pension Protection Fund.
09/13/2016
Barclays axes 13,600 jobs in 9 months
Barclays confirmed the number and said it included contractors, temporary and agency workers.
09/12/2016
Commerzbank Reportedly To Rebuild Mittelstand And Reduce Investment Banking
Chief Executive Officer Martin Zielke, is due to present his new strategy to the German lender's supervisory board later this month
09/09/2016
SocGen set to join exodus from Chinese mutual fund industry
Reuters reports the move is due to “cut-throat” competition from Chinese firms
09/08/2016
GW Pharmaceuticals hires investment bank following approaches: sources
GW has hired investment bank Morgan Stanley to help handle the overtures, the people said this week.
09/05/2016
City all set for £30bn float bonanza
The Sunday Telegraph has learnt that CVC is in the early stages of planning a £1.5bn stock market debut for Sky Bet.
09/05/2016
VTB’s CEO Says Bank Considers Buying Loans Made to India’s Essar
Essar Group has been pursuing divestments after earnings were hurt by falling commodity prices and weak demand.
09/05/2016
Falling revenues put pressure on top investment banks
Top 12 institutions face calls for radical action to boost income
09/02/2016
Danish bank becomes second money manager to stop lending to Eskom
The government said last week that Zuma will lead a new panel to oversee all state-owned companies
09/01/2016
7 jobs banks really can’t fill now
There are some roles that banks can’t seem to fill – roles that have been open for months and months, even prior to the referendum…
09/01/2016
Less working class children getting the best investment banking jobs
In private equity, seven in 10 new hires over the past three years went to non-state schools.
08/31/2016
Credit Suisse chairman calls for time to complete turnaround
If multiple banks would join up, the resulting IT infrastructure organization could be sold in an IPO on the stock exchange.
08/31/2016
Barclays sells its Italian banking business to Mediobanca
The move is part of Barclay's strategy of focusing on its core UK and US banking operations by closing its hinterland businesses.
08/31/2016
Goodbody plots UK assault with new investment banking unit
A spokesman for Goodbody confirmed the contents of the email.
08/31/2016
Commerzbank, Deutsche Bank Shares Rise on Report of Potential Merger
Deutsche Bank CEO Cryan says a transaction is "probably not an option" for now, while stating that European banks must tie up.
08/31/2016
John Cryan's Five-Point Plan for Europe's Banks
Deutsche Bank is struggling with perilously low capital and a too-bulky and risky investment bank – similar problems facing Switzerland's Credit Suisse.