03/16/2016
SocGen May Accelerate Cost-Cutting Plans, CEO Oudea Says
The unit, which includes Societe Generale’s corporate and investment bank as well as prime brokerage
Investment Banking
03/15/2016
RBS cuts 448 investment bank jobs to bring down costs
The roles include support and technology services for frontline staff.
03/14/2016
Deutsche Bank Chiefs Cite Government on Mistrust Issue, FAZ Says
Fitschen said “national solo efforts” by the government that aren’t matched elsewhere don’t help.
03/14/2016
Europe will rue the eclipse of its investment banks by US giants
Does Europe need European investment banks? Or would it be fine for Europe to depend on the Wall Street giants?
03/14/2016
Banca Transilvania Group takes over Capital Partners
Capital Partners was set up 10 years ago and has worked on deals with a combined value of more than EUE 2 billion.
03/14/2016
BNP Paribas to introduce standard investment banking titles
All the large investment banks have standard titles for key career levels, with staff joining as analysts and the most talented eventually progressing to managing director.
03/11/2016
Deutsche Bank Cuts Bonus Pool 11% as Cryan Spreads Legal Costs
The shares rose 3.8 percent to 17.71 euros at 9:22 a.m. in Frankfurt after four days of declines.
03/11/2016
European development bank sees partner, not rival, in China's AIIB
Central Asia has increasingly been on Beijing's radar following the launch of Chinese President Xi Jinping's "One Belt, One Road" initiative
03/11/2016
HFTs set to benefit from ABN clearing move
High-speed trading firms are set for a boost after one of their primary clearing brokers moved to capitalise on the cost savings on offer following the London Stock Exchange's decision to allow its members a wider choice of clearing provider.
03/10/2016
Barclays Braces for Tough Sell as It Looks to Unload Big Stake in Africa Business
In interview, CEO of Barclays Africa says group won’t break up and sell individual assets
03/09/2016
British banks are 'shackled by the dead hand of Brussels' warn senior Tories as figures reveal top five European investment banks were outstripped by US counterparts on all major financial measures last year
Revenues of top five US banks more than double their European rivals
03/09/2016
Bank of America Merrill Lynch is firing traders
The job cuts have already taken place in Asia, and are working their way across timezones to Europe and now the US, according to people familiar with the matter.
03/08/2016
Keeping the Green Investment Bank green and innovative
Next month global leaders will gather in New York to sign the historic Paris climate change agreement.
03/08/2016
ABN Amro opens Shanghai branch
Netherlands is China's second-largest trade partner in the European Union, and ABN Amro has historically been a major source of trade finance between the countries.
03/08/2016
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.
03/07/2016
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.
03/06/2016
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
03/05/2016
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.
03/04/2016
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
03/03/2016
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