02/08/2016
Barclays hired to manage Britain's Lloyds share sales
Finance minister George Osborne said last week the sale of at least 2 billion pounds of shares in Lloyds to retail investors would be postponed due to turmoil in global financial markets.
02/08/2016
Former RBS boss Stephen Hester set for £500,000 payout from bailed-out bank - more than two years after he left
Hester is the beneficiary of long-term incentive plans put in place before he was ousted as chief executive in June 2013.
02/05/2016
Europe’s largest banks are under pressure to shrink their securities units and focus on the most profitable businesses as regulators toughen scrutiny of riskier activities.
02/05/2016
The bank reports that its primary goal is to ensure the target audience appreciates the advice and gets some real use out of it.
02/04/2016
Given the region's banks have stubbornly under-performed both the broader European market and are also trading at a discount to their book value, it's a step that makes sense.
02/03/2016
The sale is expected to begin within months and could attract a wide range of buyers of financial assets, including firms which lost out in a Northern Rock loans auction last year
02/03/2016
UBS was reminded in the last quarter that it had little control over either.
02/02/2016
The assets have been purchased under the ECB’s quantitative-easing program and made available to investors by Germany’s Bundesbank and the Bank of Italy via Clearstream.
02/01/2016
This buffer will be set separately for each bank depending on their importance to the UK economy and will be in addition to its existing regulatory capital cushion.
01/29/2016
Our commitment remains and if anything is growing, as we are in fact strengthening our cooperation with the Greek public authorities, with other European development finance institutions, and with private investors.
01/28/2016
At least four directors and a vice president were let go Tuesday
01/27/2016
FEP Capital is a regulated financial services company, focusing on private equity and investment banking services.
01/27/2016
The dour mood is also baked in after Deutsche Bank and Barclays last week warned that performance would fall short of earlier expectations.
01/26/2016
Deutsche Bank expects 2015 net loss of 6.7b euros
01/26/2016
But how much can you expect when you’re let go from one of the world’s leading financial institutions?
01/26/2016
Berenberg’s head of equities David Mortlock said that the “counter cyclical” investment in equities during 2008-09 has begun to pay off.
01/25/2016
Japan’s currency has gained versus all its 16 major counterparts since the start of the year as a China-led stock selloff and a tumble in oil prices spurred demand for haven assets.
01/25/2016
Zolnai’s key remarks include the following:MKB and Budapest Bank have little in common.
01/25/2016
Rabobank is seeking to cut as much as 150 billion euros of assets by 2020 in preparation for tougher European capital rules.
01/25/2016
We are expecting to receive expressions of interest from potential bidders by today.