05/27/2016
Italy rescue fund in talks to backstop Veneto Banca IPO
Both banks are under investigation over the sale of shares to their own customers.
Investment Banking
05/27/2016
Why Millennials want to work in finance, and why they don’t
One has set his sights firmly on a banking career, while the other is definitely not interested in working on Wall Street despite a family connection in the sector.
05/27/2016
Barclays Investment Bank, Capital Still Concerns, Bernstein Says
The moves have failed to reverse the stock’s decline. Barclays has fallen 16 percent this year compared with a little-changed FTSE 100 U.K. benchmark index.
05/27/2016
European, Asian investment banks seek to renew cooperation
Up to twenty European countries have chosen to become the founding members of the AIIB, though the United States has not agreed.
05/27/2016
SocGen’s $1.1 Billion Samurai Bond Deal Is Biggest in 2016
It’s only the third Samurai sale this year, and follows a 110 billion yen offering by Bank of America Corp. earlier this month in a euro-yen format.
05/27/2016
Ex-Barclays Trader Tells Court of Obey or Be Fired Culture
Pabon was testifying about his Barclays’ career under Jay Merchant, who is also on trial.
05/27/2016
London bankers set to share desks to save space
Banks want to retain City footprint but with lower costs
05/26/2016
Commerzbank Drops Case Against Bankers Fired Over U.S. Probe
The lender dropped its filing in one of the cases earlier this month as a hearing scheduled this week approached, Frank Woitaschek, spokesman for the Frankfurt Labor Appeals court, said Tuesday.
05/20/2016
The highest paying Wall Street and City internships in finance
But which firms pay the best?
05/20/2016
Deutsche Bank May Punish Staff for Personal Trade With Firm
Six employees participated with personal investments alongside a hedge fund, the person said, asking not to be identified because the review is confidential.
05/20/2016
UBS Said to Trim Some Securities Jobs as Ermotti Cuts Costs
Securities firms are reviewing how to reduce expenses amid the decline in trading and dealmaking.
05/19/2016
Sam Wisnia said to be treating Deutsche staff to a private jet while Cryan flies commercial
The move is said to have raised eyebrows at Deutsche, given that Cryan himself is now flying nothing but commercial.
05/19/2016
Barclays Restructures Legal Team Ahead of Ring Fencing Reforms
The bank has restructured its legal team to prepare for split of retail and investment banking operations. James Booth, Legal Week
05/18/2016
Deutsche Bank shareholders set to pressure chairman
Shareholder advisory groups ISS and Glass Lewis have recommended investors back a shareholder motion for a probe into whether fines for wrongdoing were higher at Deutsche because management obstructed or misled investigators.
05/18/2016
Portuguese company partners Russian bank to support investors in Mozambique
Dominio Capital is a finance, business and investment company focused on Portuguese-speaking countries.
05/17/2016
The changing face of Jefferies' investment bank in Europe
Executives at rivals have pointed out that such a high number of senior level departures in a year is unusual.
05/13/2016
Europe's Banks Too Scared To Do Business With Iran
Some big companies have begun signing deals with Tehran since the U.S. and other global powers lifted long-running sanctions against the Middle Eastern country, but banks are very nervous after being burned in the past.
05/13/2016
Deutsche Bank's CEO says profit can wait
It share price has fallen 35 percent so far this year.
05/13/2016
Slovenia Opts for Biggest Bank's IPO on Deutsche Bank Advice
NLB received the largest share of the government’s 3.2 billion-euro ($3.65 billion) rescue in 2013 as the Adriatic nation was teetering on the brink of an international bailout.
05/12/2016
AIIB teams with European development bank in Central Asia
The bank's investment in Central Asia has grown to almost 10 billion euros ($11.4 billion). Further co-financing with the AIIB in Kazakhstan is also in the cards.