06/19/2015
Europe's banks head to Asia amid US$1 trillion capital shortfall
European banks are heading to Asia for capital as new rules at home demand they sell more than US$1 trillion of equity and subordinated debt to increase loss buffers.
Investment Banking
06/19/2015
Deutsche Bank set to move staff
Deutsche Bank is preparing to move about 4,000 back office workers from five buildings in the City of London financial district to one in Canary Wharf in the east of the capital, where much of Britain's financial sector is now based.
06/19/2015
Widespread exits from BNP Paribas CIB before redundancies hit
Back in 2012, BNP Paribas confidently told its investment bankers that it wouldn’t be making any more redundancies.
06/18/2015
Credit Agricole, Soc Gen plan Amundi IPO this year
French asset manager Amundi is set to be listed on the Paris stock exchange in the first major act of new Crédit Agricole chief executive Philippe Brassac.
06/18/2015
France's Natixis to make Dubai capital markets hub for Mideast, Africa
More regional business to be booked from Dubai, not Paris - exec
06/17/2015
UK loses ground in global investment banking market
British banks are falling behind US rivals in winning a place on big deals
06/15/2015
HSBC's investment bank to shed clients, assets in profitability push
HSBC said its investment bank, known as global banking and markets, will sell $40 billion of legacy credit positions
06/15/2015
MBAs still waiting for lift-off among banks and fund houses
The investment banking, trading and asset management communities have not traditionally put a lot of value on MBA qualifications.
06/12/2015
Banker who worked on ABN Amro deal returns for RBS sell-off
One of the bankers who worked on the 2007 takeover of ABN Amro, a deal which led to the collapse of Royal Bank of Scotland, is poised for a return to advise RBS on its planned privatisation.
06/12/2015
I will stop bashing the bankers when the bankers stop bashing us
We are in for a long wait. The spivs are in charge, boasting “if you’re not cheating, you’re not working hard enough”
06/11/2015
BBVA considers bid for HSBC's Brazil, Turkey units - report
BBVA does not have a Brazilian unit, but has a non-controlling stake in Turkish lender Garanti Bank.
06/11/2015
HSBC’s investment bank to shed clients, assets in profitability push
HSBC said its investment bank, known as global banking and markets, will sell $40 billion of legacy credit positions, cut assets at its rates and markets division by $60 billion and reduce low returning loans by $40 billion, according to a presentation.
06/10/2015
Germany to be AIIB's fourth largest shareholder
A government draft plan sees Germany acquiring a stake in the China-led Asian Infrastructure Investment Bank that will make it the fourth largest shareholder of the lender. It'll also provide financial guarantees.
06/10/2015
EU approves Latvia's SME financing institution
The European Commission said on Tuesday that it had approved Latvia's project to create a financial institution to facilitate access to funding for small- and medium-sized businesses.
06/10/2015
Societe Genrale Securities Service Mandated By LGH. Clearnet For settlement Services
As a result of this mandate, SGSS will provide settlement services on behalf of LCH.Clearnet in the Belgian, French and Dutch markets through its direct membership with Euroclear.
06/09/2015
6 reasons why Anshu Jain quit Deutsche Bank
The bank's co-CEOs was accused of falling behind rivals and was struggling to maintain profit flow
06/08/2015
BNP Paribas to cut costs in investment banking
French bank BNP Paribas is targeting a return on notional equity (RONE) at its investment banking business of 20 percent in 2019, up from 16 percent now
06/08/2015
New Standard Chartered Boss Must Plot Retreats
A deeper rethink of where the bank operates is needed to restore investor confidence
06/08/2015
BNP Paribas Investment Partners adds three new thematic SRI strategies to Parvest range
BNP Paribas Investment Partners has announced the addition of three innovative Socially Responsible Investment (SRI) strategies to its Parvest range, investing in themes considered to be key future social, economic and environmental challenges.
06/05/2015
The Vatican bank sees its future, and it's all about managing money
Under new leadership, the Institute of Religious Works is looking to progress from handling deposits to asset management.