03/26/2015
Banco Madrid suspended from managing investment funds
Customers of the bank await the appointment of a new fund manager
Investment Banking
03/26/2015
RBS raises value of Citizens sale to $3.7bn
Royal Bank of Scotland on Wednesday increased the value of shares it is selling in Citizens Financial to as much as $3.7bn
03/26/2015
Societe Generale Securities Services enhances its offering in Germany
Aimed at institutional investors, these services provide consolidated accounting and reporting services for greater accounting transparency and financial security for all types of direct investments.
03/26/2015
Austria's Raiffeisen Bank to Close 15 Russian Branches
Austria's Raiffeisen Bank is trimming its operations in Russia to save costs as a recession cuts into banking sector profits
03/26/2015
Deutsche Bank has a plan to turn itself into Goldman Sachs
German chancellor Angela Merkel's team is apparently on board with the idea.
03/26/2015
UK move to join china-led bank a surprise even to Beijing
The UK Treasury had told Chinese officials it would not announce its application to join until March 17.
03/25/2015
HSBC Holdings to issue $3.07billion of convertible bonds
Bonds that convert into shares or are cancelled when a bank's capital falls below a certain level are increasingly being sold by banks to improve their capital cushion if they run into trouble.
03/25/2015
Deutsche Bank now has 2,057 investment bankers earning an average of €1m
Deutsche spent a total of €2.1bn on the MRTs in its investment bank
03/25/2015
Green Bank to invest in projects in India, South Africa
Green Investment Bank today announced a pilot project to fund overseas ventures in renewable energy sector to the tune of 200 million pounds (approximately Rs 1,800 crore) in India
03/25/2015
BRICS contingent reserve may become operational this year: RBI
It is expected that the inter-central bank agreement will be signed this year
03/24/2015
The qualification enhancing private equity job prospects
Getting an entry level job in private equity is notoriously competitive
03/20/2015
Lloyds, Natixis and RBS sell Dubai World debt before $14.6 billion deal
The moves help pave the way for Dubai World to secure 100 percent creditor assent for its restructuring
03/20/2015
French bank to buy majority stake in Mauritius Commercial Bank Mozambique
The acquisition, for which financial details were not disclosed, will take effect via a capital increase and is dependent on the approval of the Central Bank of Mozambique
03/20/2015
Is ABN Amro re-entering India?
ABN AMRO Bank applies to RBI for setting up operations in India
03/19/2015
BNP Paribas may look at exiting India AMC business: Sources
According to sources, BNP Paribas wants to consolidate its operations in India and wants to exit its non-core assets
03/18/2015
Barclays pays £16.5m in share awards to executives
British banking giant Barclays paid £16.5m in shares to its top 11 executives, which is half the amount it paid out last year
03/17/2015
France, Germany, Italy to join China-led infrastructure bank
The $50 billion Asian Infrastructure Investment Bank (AIIB) has been feted by Beijing as a way of financing regional development
03/16/2015
Morning Coffee: Immensely good news for investment bankers at Deutsche. IBD endurance brings rewards
Investment banking employees at Deutsche Bank can be forgiven for feeling disorientated.
03/16/2015
Immensely good news for investment bankers at Deutsche
Investment banking employees at Deutsche Bank can be forgiven for feeling disorientated
03/16/2015
RBS eyes sale or wind-down of CEEMEA corporate, institutional banking
The bank is exploring options for the sale