09/03/2015
Investment bank income seen down 19 per cent in Q3 from rocky markets
Some market volatility can boost investment banks' revenue by increasing trading activity in foreign exchange, equities, and other products
Investment Banking
09/03/2015
Citigroup Vends Consumer Banking Business in Hungary
Regulatory pressure over Citigroup’s global operations and concerns of weak returns forced the bank to make this move.
09/03/2015
Can Sir Howard Davis rescue RBS? From fines and losses to stricter rules and stake sell-off, here are the biggest challenges for bank's new chairman
Having relinquished his role as chair of the Airports Commission following the publication of its controversial report
09/03/2015
HSBC opts for most boring name change imaginable
It had been speculated that the bank was toying with the name "Midland", the chain it acquired in the early 1990s.
09/02/2015
Here's the letter Jefferies' CEO sent out after one of the bank's trading desks got hammered
A little has been written about one of our own trading desks and comparable desks at other firms.
09/02/2015
European banks fight back in fixed income
The market will be surprised by how Deutsche Bank, Barclays and Credit Suisse will be keen to retain parts of their US fixed-income franchises
09/02/2015
Kleinwort Benson turns to Oddo for counter bid to fend off Fosun
The Belgian owner of Kleinwort Benson is seeking to repel a hostile €675m bid from Fosun
09/02/2015
Bank of China to open first branch in Vienna
The plans for the branch opening had already been discussed during a visit by Fischer to China in May.
09/01/2015
Investment banks outshine parent groups
Some of the returns are hard to compare because of the variability in the way banks allocate capital and expenses
08/30/2015
McFarlane accelerates Barclays’ European selldown
Barclays’ Portuguese unit is the latest to be sold off, but its remaining European businesses may be trickier to shift
08/28/2015
Sands Turns to Bookselling After Standard Chartered Exit
Sands will be a silent partner in the venture and “will not be working behind the till,” Tobin, who has won awards for her work including the novel ‘Bone House
08/24/2015
IMF makes recommendations to Hungarian c.bank about new asset manager
The International Monetary Fund recommended Hungary to attract international professional investors to strengthen the credibility of the central bank’s asset management company MARK and to support both its strategy and governance structure.
08/24/2015
Scottish Investment Bank invests £66.5m and leverages record £99m
Scottish Enterprise has revealed that its investment arm, the Scottish Investment Bank (SIB), invested £66.5m into 155 Scottish companies during 2014/15, leveraging a record private sector investment of £99m.
08/20/2015
Investment banks hiring M&A bankers in this hot sector
Malhotra joined the French bank in August as a managing director covering the oil and gas industry.
08/18/2015
H.I.G. Capital Acquires a Portfolio of 8 Retail Assets in Italy
This is our third transaction in Italy
08/18/2015
RBS reportedly to sell Russian assets
The FTSE 100 group will agree the terms of the sale with an undisclosed bank
08/10/2015
New Deutsche Bank CEO tasked with fixing firm’s legal troubles
Its decision-making was “inward-looking and bureaucratic.
08/06/2015
Deutsche Bank Fires Two Senior Trading Executives
Ben Solomon and Ashish Jain are no longer with the bank
08/06/2015
Deutsche Bank shakes up global equities business
Jonny Potter, previously the co-head of equity sales along with Derek Capanna, was named global head of the business
08/06/2015
Best Paying Banks For Associates In 2015 – Where You Want To Work
JP Morgan pays both the highest average salary at £94,000, and the highest average bonus of £61,500, meaning Associates take home a total of £155,500.