10/03/2014
IPO price values UK bank Aldermore at £800m
UK 'challenger bank' Aldermore is set to float later this month, with a share price which values the business at around £800m.
Investment Banking
10/03/2014
French banks see opportunity in the US
We will continue to grow where we are already strong, such as in equity derivatives, but also re-expand our footprint not just in Europe but also the US and Asia
10/02/2014
Commerzbank to cut 60-70 fixed income, currency jobs: sources
Germany's second biggest lender Commerzbank is cutting 60 to 70 jobs in its fixed income and currencies (FIC) division in Frankfurt as it adjusts to declining demand, several sources familiar with the matter said on Wednesday.
10/02/2014
VTB Investment Bank Fees Hold Up as Putin Meets Investors
VTB Group, the Russian state-owned lender sanctioned over Ukraine, said investment banking commissions are holding up and will be unchanged from last year as international dealmaking offsets a slowdown at home.
10/02/2014
Barclays bosses dodge bonus cap with more than £2million in pay allowances
It comes as the European Banking Authority is threatening to crack down on these payments.
10/01/2014
Cautious clients keep hopes low for investment banking
Political troubles in Russia and the Middle East added to a summer slowdown in trading activity and is likely to leave third quarter revenues for investment banks down from the previous three months
09/29/2014
BNP Paribas and World Bank Issue Second Equity Index-Linked Green Bond
World Bank Green Bonds raise funds for projects seeking to mitigate climate change
09/29/2014
BNP Paribas boosts liquidity options
The launch of the solution comes as new regulations
09/26/2014
Espirito Santo Investment Bank in Early-Stage Sale Talks
Chinese, Middle Eastern Banks Reportedly Interested
09/26/2014
Fund industry association signs MoU with British peer
The Asset Management Association of China, the fund industry body, Thursday signed a Memorandum of Understanding in London with its Britain's peer the Investment Management Association in order to improve mutual understanding and further collaboratio
09/26/2014
Morgan Stanley on the charge in Europe
Morgan Stanley’s showing in investment banking and FICC ensured it was one of the two standout performers overall
09/25/2014
Antwerp Diamond Bank winds up loan portfolio, diamond dealers face loan drought
Antwerp's diamond dealers, who buy and sell 80% of the world's most valuable gemstones, have lost their bank, Antwerp Diamond Bank after a sale by KBC Group t
09/24/2014
BNP Seeks Equity Derivative Acquisitions, Gerardin Says
France’s largest bank is counting on its corporate and investment bank
09/22/2014
Cash-strapped Europe looks to invest in Luxembourg's 'sleeping beauty'
With the eurozone's moribund economy once more sparking global fears, the region's cash-strapped leaders are now hoping the EU's investment bank in Luxembourg can pull the bloc out of the doldrums.
09/19/2014
BNP Paribas launches first equity index linked green bond
This investment solution is a landmark step in what is set to become a rapidly growing sustainable and responsible investment market
09/18/2014
France's Societe Generale says it will lend 2 billion euros to small business
French bank Societe Generale said Tuesday it was unblocking 2 billion euros in low-cost loans for small business as the European Central Bank began a program to boost lending amid struggling growth in the eurozone.
09/18/2014
UBS hot-rods its investment bank
When Andrea Orcel widely acclaimed as an investment banker par excellence – became chief executive of the investment bank at UBS in November 2012, many of the division’s longest-serving staff believed the glory days of advisory banking were ba
09/17/2014
Societe Generale Securities Services receives major rankings in R&M Fund Administration Survey
SGSS was rated Top for “Fund Accounting and Administration Services” in France, Germany and Italy and was 2nd in Luxembourg and in Continental Europe as a whole.
09/15/2014
Russia says ready to help Rosneft and Novatek from wealth fund -Interfax
Russia is ready to support sanctions-hit energy companies Rosneft and Novatek from its National Wealth Fund, Finance Minister Anton Siluanov said on Saturday
09/15/2014
Russian hot money flows into Hong Kong after West slaps sanctions on Moscow
Western sanctions against Moscow over conflict in Ukraine sees firms turning to the city for their financing needs, but some banks are wary