02/10/2023
Financial statements for six months ended 31/12/22 approved
Price sensitive
Investment Banking
02/10/2023
Banca Generali, profit down in 2022; there's dividend
Regarding the drop in profit, the company explains that 2021, had benefited from the extraordinary effects of extremely favorable financial markets.
02/09/2023
Credit Suisse cuts 35 London dealmakers in latest layoffs
Axe falls on UK staff as the Swiss lender gears up for another rough set of results
02/09/2023
Societe Generale : 4TH Quarter and Full -Year 2022 Results
Strong improvement in the cost to income ratio to 61.0%(1) (vs. 64.4%(1) in 2021), excluding contribution to the Single Resolution Fund
02/03/2023
CaixaBank posts a profit of €3.15 billion in 2022, up 29.7% on a like-for-like basis, driven by commercial strength and integration synergies
During 2022, year of the merger process completion, CaixaBank has been able to maintain a strong commercial pace despite the climate of uncertainty caused by the Ukraine invasion, and to meet its financial and business objectives.
01/30/2023
Barclays, Venkat and the ghost of Edward Bramson
Bank seeks to turn around investor concerns that have driven down its valuation
01/27/2023
Sabadell posts earnings of 859 million euros and increases its payout ratio to 50%
TSB’s individual net profit amounted to 102 million pounds, while the positive contribution to Banco Sabadell Group amounted to 87 million euros.
01/23/2023
City of London job-seekers slumped by 23% as banks started cuts
Latest Morgan McKinley data suggests the hiring market in finance could be slowing
01/23/2023
Deutsche Bank investment banking bonus pool down less than 10pc
The decline in bonuses reflects an industry-wide trend, with other big investment banking names cutting back on payouts.
01/23/2023
City of London job-seekers slumped by 23% as banks started cuts
Latest Morgan McKinley data suggests the hiring market in finance could be slowing
01/16/2023
Citi investment banking decline sees profits drop despite trading boom
A slump in the bank’s investment banking division saw its profits drop 22% despite a strong quarter for its trading business.
01/13/2023
Scottish National Investment Bank puts £5.2m into diagnosis firm
The investment from the state-backed development bank has underpinned a funding package totalling £7.5m in PneumoWave, which will use the backing to continue clinical trials of its biosensor technology that monitors potentially fatal respiratory cha
01/11/2023
BofA downgrades UK asset managers over recession risks and weak flows
Schroders and Ninety One
01/10/2023
Deutsche Bank's big Barclays hire a warning to banks cutting bonuses
With Goldman Sachs allegedly planning cuts of up to 30% to bonuses in its markets business, Deutsche Bank's swoop on Atluri is a timely reminder that hedge funds aren't the only ones interested in banks' sales and trading talent.
01/09/2023
Goldman Sachs to start cutting thousands of jobs midweek
Wall Street banks have suffered a major slowdown in corporate dealmaking activity as a result of volatile global financial markets.
01/04/2023
Bank borrowing less attractive than since financial crisis, say major UK firms
Deloitte’s survey of chief financial officers found credit has become more expensive than at any time since the 2008 crash.
01/03/2023
ECB Raises Deutsche Bank Capital Bar in Leveraged Loan Crackdown
The firm already exceeds the requirement by a wide margin, with a ratio of 13.33% at the end of the third quarter.
12/16/2022
UniCredit Signs Asset Management Accord With Azimut
Under the accord, whose financial terms were not disclosed, Azimut will set up in Ireland an asset manager of which UniCredit can acquire control in five years at the latest.
12/13/2022
William Blair Continues European Expansion
William Blair’s investment banking expansion across Europe builds on the firm’s addition of six senior-level bankers covering multiple sectors in 2022.
12/07/2022
London office values to fall by more than a third in as soon as two years, Citi analyst forecasts
Citi's real estate analyst team led by Aaron Guy said that "recessionary impacts on higher unemployment and continued work-from-home office shrinkage" will drive down office values in the U.K.'s capital by 38%.