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European banks' old errors to blame for Barclays' Africa exit: South Africa finance minister

"Barclays is not about Africa," he told Reuters on Monday on the sidelines of an investment roadshow in London.

European companies urged to back investment banks

US banks have stormed ahead of their European rivals in the past few years, as their clearer strategies and stronger balance sheets allowed them to steal a march on the global investment banking stage.

Bob Diamond's alleged bid for Barclays' Africa ops shows what a big mistake it was to let him quit

It's pretty sweet revenge for Diamond as the deal would mean snapping up one of his old employers' most profitable assets

Deutsche Bank May Lose Key Power to Run Pension Assets

The U.S. Labor Dept. granted a temporary reprieve but could still impose tougher conditions.

BNP Paribas Investment Partners launches £1bn water fund into UK

Its manager, Hubert Aarts, invests in companies operating in the construction, renovation and maintenance of water supply facilities, technologies and systems for water treatment and decontamination

UK Government to sell the Green Investment Bank

The UK Government said selling the bank - launched in 2012 with £3bn of public money - to private investors, will give it access to more than capital than if it remained in government hands

UBS creates new Asia debt-financing group

UBS's latest move to streamline the investment banking operations come after the Swiss bank last month imposed a global pay freeze on its 5,200 investment banking staff

Santander warns Brexit could put economy at risk

"Britain will be stronger, safer, and better off remaining a member of the EU", the bank said.

Deutsche Bank's Cryan Sees Firm Overcoming Legal Woes in 2016

The lender’s legal bills have contributed to investors’ concerns that Deutsche Bank may struggle to pay coupons on its contingent convertible bonds, known as CoCos.

Mis-selling, rate-rigging Barclays fines are too high, moans boss: Bank chairman ridiculed for complaining about 'excessive penalties'

Barclays chairman McFarlane ridiculed for saying bank is being picked on

ABN Amro teams with First Data for payments

First Data has a track record of partnerships in the payments space.

UBS's Ermotti Says Negative Rates May Encourage Risky Lending

European banks are seeking ways to shore up earnings as negative interest rates curtail their ability to charge higher interest on loans than they offer to pay on deposits, while undermining appetite from clients seeking to buy or trade derivatives to hed

Barclays' parting shot

The London bank said yesterday that it would sell down its 62% stake in Johannesburg-based Barclays Africa over the next two to three years.

No way up or out for banking’s ‘lost generation’ of directors

The years when it was easy to move quickly up these institutions have well and truly passed and for those who remain, morale is at a low.

Barclays' new boss to support US investment bank with more hiring

The US investment banking unit had been under a cloud – it had featured in the 7,000 job cuts planned by now-departed chief executive Antony Jenkins

Barclays awaits captain Staley’s orders to escape storm

The yachting enthusiast and former JPMorgan Chase executive has the task of trying to steer Barclays back to calmer waters.

RBS Boss Gives Away Half Of £1m Allowance

It will be the third year in a row that the New Zealander will have voluntarily forfeited part of his pay package.

Barclays Cut Investment Bank Bonus Pool as Much as 12%

The securities unit is in a period of flux as Tom King, who has been the sole head of the investment bank for almost two years

UBS sells office development project in Paris-La Défense for €55 million

As part of the transaction, UBS will remain actively involved in the management of the redevelopment programme for at least the next 12 months via a mandate with the purchaser, in order to ensure the smooth and timely realisation of certain remaining mile

BNP Paribas said plans to relocate senior jobs to Paris

The move would help reduce the bank’s costs, the people said.

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