10/29/2015
Santander profits boosted by customers switching banks
Another 1m customers joined the bank this year, but margins are being squeezed as competition hots up
Investment Banking
10/29/2015
EU strikes deal on handing break-up powers to bank supervisors
The draft would ban such banks from proprietary trading — making financial bets using their own money — and in some cases require them to prove to supervisors that their investment banking activities did not pose a threat to financial stabilit
10/29/2015
European investment banks get the nip and tuck treatment
The treatment looks familiar: change management, launch a strategic review, scale back, cut jobs, shed assets and slash costs.
10/29/2015
Clydesdale Bank launches new investment arm for tech start-ups
The division will lend fast-growing firms between £500,000 and £1m
10/29/2015
Crushing investment banks does not make us safer
British and European investment banks are shrinking, but we will not be safer if we have to rely on the US giants
10/29/2015
European investment banks get the nip and tuck treatment
The treatment looks familiar: change management, launch a strategic review, scale back, cut jobs, shed assets and slash costs.
10/26/2015
John McFarlane: Barclays chairman vows to let new chief get on with the job
The bank is working through the final stages of appointing Jes Staley, an American investment banker, who it hopes will lead a revival of its fortunes
10/24/2015
Andrew's billionaire paedophile former friend who spent a year behind bars after paying teenage girls for sex secretly backed new Barclays boss for job
Epstein is a convicted sex offender and was once close to Prince Andrew
10/22/2015
Seconds out: Barclays in the ring with the Treasury Select Committee
You wouldn’t know it from its public statements, but Barclays is actually a very busy bank right now.
10/22/2015
Shh! Credit Agricole Kept Its Sudan Business Quiet
The key compliance challenge of the modern investment bank is to convince employees that their electronic communications are being monitored.
10/20/2015
Standard Bank scoops 22 awards for quality services
Standard Bank has been a recipient of the EMEA Finance’s Treasury Services Award for the sixth consecutive year
10/20/2015
Embarrassing six billion Panne: Oops! German bank gives hedge fund accidentally six billion us dollars
The sums are juggled with those on international financial markets, one can sometimes get dizzy.
10/20/2015
Treasuries Defy Goldman Call as Returns Beat German, U.K. Bonds
If the course continues, this will be Treasuries’ first back-to-back monthly gain since January, according to Bloomberg World Bond Indexes.
10/20/2015
HSBC share price: Bank could move European headquarters to Düsseldorf
Move could happen in case of Brexit, German boss says
10/20/2015
Wells Fargo wins deal to recruit Credit Suisse U.S. brokers
Wells Fargo operates the third-largest brokerage network in the United States, with about 15,000 advisers.
10/19/2015
Deutsche Bank reorganizes its top ranks
The changes represent the first major attempt by John Cryan, cochief executive since July, to address complaints the bank is too complicated and not profitable enough.
10/19/2015
HSBC set to stay in UK after regulatory concessions
Reports suggest watering down accountability and ring-fence rules has influenced decision
10/18/2015
Deutsche Bank splits investment bank in two as part of overhaul
The investment bank's corporate finance business as well as its Global Transaction Banking operation would be combined in a newly created unit called Corporate & Investment Banking.
10/16/2015
While HSBC contractors get pay cut, senior bankers wait for salary rise
HSBC has just ‘ordered’ its contractors to take a 10% pay cut and a two week holiday (unpaid), and it’s not the only one.
10/16/2015
French ex-trader tells Societe Generale to refund tax-payers' money
The tax payer bailed out Societe Generale because the bank claimed it was the victim of fraud