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Investment banks reeling from Brexit volatility

Securities sales and major M&A deals will be thwarted by economic and political uncertainty and currency swings

Passporting question looms large for banks in the UK

Financial groups explore whether there are other ways to preserve EU access

Italian bank to open Abu Dhabi office

It was not immediately clear if the Italian lender would be opening an office in the emirate’s fledgling financial centre, the Abu Dhabi Global Market on Al Maryah Island.

Commerzbank launches marketplace lending platforms for SMEs

The bank will review deals to ensure "fair conditions" and take a commission.

Malin Corporation secures €70m investment from EIB

Irish global life sciences firm Malin Corporation has secured a €70m debt facility from the European Investment Bank.

Santander to roll out refreshed affordability calculator

Additional changes include improvements to layout, clearer grouping of income types, simpler results and a streamlined customer commitments and expenditure section.

European Investment Bank partners Funding Circle for new SME loans scheme

This new partnership with Funding Circle represents the first deployment of EIB funding through a direct lending marketplace to support small businesses.

Belarus' Development Bank, Afreximbank to enable export to 41 African countries

The African Export-Import Bank is an international financial institution.

UniCredit shares rise on talk Passera close to be named CEO

UniCredit declined to comment while it was not immediately possible to reach Passera for a comment.

Foreign banks' Korean exodus: Banco Santander to exit from Korea

It will also provide support to Santander clients doing business in Korea.

Deutsche ventures into ethical funds arena

In the past, the bank has also come under fire from campaign groups for pushing up food prices through its dealings in agricultural derivatives.

Buyout firm EQT taps JPMorgan for $2.2 billion BSN sale - sources

The business, which employs over 5,500 people across the world, is already being looked at by some U.S. heavyweight private equity funds

UBS warns investment banks will need to cut pay of deal-makers

UBS Sydney-based analyst Jonathan Mott has long argued Macquarie Group could deliver shareholders material upside by lowering its cost base, including revising compensation.

London traders brace for biggest night since 'Black Wednesday'

Federal Reserve Chair Janet Yellen has cautioned that a Brexit vote could shake financial markets and potentially push back the timing of the next rise in U.S. interest rates.

Now MPs to probe Sir Shifty's links to bankers: Philip Green relationship with Goldman Sachs to come under scrutiny

The billionaire has accused the veteran Labour MP of being biased for a series of quotes he has made to newspapers.

Deutsche and JP Morgan stay overweight UK equities even as Brexit fears mount

Brexit remains a clear concern, but GBP is a natural hedge for UK stocks, with 72 percent of sales derived from abroad.

SGSS mandated by Credit Suisse in Russia for sub-custody services

Societe Generale Securities Services in Russia has been mandated by Credit Suisse to act as its sub-custody bank in the country.

Citizens CFO Shifts Assets to Where the Profits Are

The Rhode Island bank’s predecessor was founded in 1828.

EIB opens Hungarian office in Budapest today

Varga said Hungary appreciates the credit agreements that the country has signed with the EIB and Banque de Developpement du Conseil de lʼEurope.

US investment banks conquer Europe

Their commitment to staying in the business wins them clients and talented staff

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