07/01/2015
HSBC faces $2.4 billion bill for new ringfencing rules
HSBC will face a bill of around 1.5 billion pounds to shield its domestic retail customers from riskier parts of its operations
Investment Banking
07/01/2015
Merger schedule of Landsbankinn and Sparisjóður Norðurlands approved
The Board of Directors of Landsbankinn hf. and the Board of Directors of Sparisjóður Norðurlands have, on 30 June 2015, approved a merger schedule for the two companies
07/01/2015
Ex-Deutsche Banker Goes Solo With Abu Dhabi Sheikh’s Backing
A former Deutsche Bank AG banker is starting a Middle East-focused private-equity and advisory firm backed by an Abu Dhabi sheikh that plans to capitalize on rising investment opportunities in the region.
07/01/2015
Deutsche Bank’s New Co-CEO Delays Strategy Update
John Cryan says it will take the summer and fall to work out how to cut costs and other details
06/30/2015
New Deutsche Bank chief under pressure to reverse fortunes fast
John Cryan will have to hit the ground running at Deutsche Bank when he officially starts as chief executive on Wednesday.
06/30/2015
New CEO John Cryan Brings a Culture Change to Deutsche Bank
The former UBS CFO, who has a reputation as a cost-cutter, needs to trim the German group’s investment bank without undermining its profit potential.
06/29/2015
Credit Suisse and ING mull cutting back London office
Credit Suisse and ING have warned the UK Treasury in pre-Budget talks that they are considering pulling some of their activities out of London
06/29/2015
Meet the top Greek investment bankers of the world
Measured in terms of deal volume, M&A was up 50% in Greece in 2014
06/29/2015
German, Dutch banks 'well-prepared' for Greek financial ructions
German and Dutch banks said on Sunday said they were fortified against possible financial turmoil in Greece this week after the country announced it would keep banks closed on Monday and would introduce capital controls.
06/28/2015
Global banking recruiters return to campus
Recruiters in the global banking centres of New York, London and Hong Kong are taking advantage of a burst of economic optimism and returning to campus, reuniting the global alliance of business school and investment bank.
06/26/2015
Barclays scrutinises investment division
John McFarlane, the new chairman of Barclays, grilled senior executives from the investment bank yesterday over progress in the restructuring of the troubled division.
06/26/2015
Investment banks need nicer people…to be replaced by computers
Something has to change. Many have pointed this out, and in a wide-ranging report on the future of investment banking, EY has come up with a list of suggestions on how the industry needs to develop.
06/25/2015
Barclays in Talks to Sell Private Equity Unit to Management: Source
Barclays last year put BNRI into its book of businesses that it intended to sell or run down, saying it was not strategically important for the bank.
06/22/2015
Goldman Sachs To Advise UK On Bank Sales
Sky News has learnt that Goldman was hired as the privatisation adviser to UK Financial Investments
06/22/2015
Goldman Sachs Interns No Longer Allowed To Work Past Midnight
Investment banking firm Goldman Sachs has rolled out a new policy disallowing its summer interns from working past midnight
06/22/2015
Gazprom, UniCredit Austria Ink €300 Million Loan Deal
The agreement was signed by Andrei Kruglov, Gazprom Vice Chief of the Board, and Mikhail Alexeev, UniCredit Bank Austria Chief of the Board
06/22/2015
Ministers To Sell Stake In State's Green Bank
The Government is looking to offload a stake in the Green Investment Bank three years after its launch, Sky News learns.
06/22/2015
Ex-Barclays CEO Has a Rival as Eyes Africa Bank Deals
Ex-Barclays Plc Chief Executive Officer has a rival: Spanish billionaire Alberto Cortina, who is building a banking presence in West Africa
06/22/2015
Banking interns have had their pay revised upwards
The increases are understood to apply at top US banks like Bank of America Merrill Lynch and Goldman Sachs, as well as at European banks like Credit Suisse and Barclays.
06/22/2015
Barclays’ investment bank faces board scrutiny
Barclays’ underperforming investment bank will be in the spotlight this week as its head makes a critical board presentation aimed at helping the group’s new chairman determine if more restructuring is needed.