08/05/2014

Blackstone’s Intertrust Said to Hire Four Banks for IPO

ABN Amro Group NV and Deutsche Bank AG (DBK) were also chosen to work on the possible sale, in which the owner may seek a valuation of about 2 billion euros ($2.7 billion) including debt, two of the people said, asking not to be identified as the details

08/04/2014

Royal Bank of Scotland curbs lending to Russian companies

Royal Bank of Scotland, Britain’s largest state-owned lender, said it’s cutting lending to Russian companies, following European banks including Societe Generale and Natixis in complying with the latest round of sanctions over Ukraine.

08/03/2014

HSBC Urges Ring-Fencing Delay Amid CMA Probe

One of Britain's biggest banks is urging the Government to delay a deadline for separating lenders' retail and investment banking operations amid fears that billions of pounds could be wasted on the project.

07/31/2014

BNP Paribas Reports Record $5.79 Billion Quarterly Loss

The Group has a rock-solid balance sheet with high solvency and significant liquidity reserves. Serving the needs of clients all over the world, the Group plays an active role in financing the economy and is preparing the bank for the future.”

07/30/2014

BNP CEO Bonnafe Seeks to Put Mark on Bank After U.S. Penalty

Now, having navigated France’s largest bank through the worst crisis in its history -- with BNP this week set to post its biggest quarterly loss on record U.S. fines -- Chief Executive Officer Bonnafe, 53, is stepping to the fore.

07/28/2014

RBS advised to sell majority Ulster Bank stake

RBS commissioned the investment bank earlier this year to advise it on potential merger opportunities for Ulster Bank, the biggest bank in Northern Ireland and the third largest in the Republic of Ireland.

07/28/2014

UniCredit close to selling more private equity holdings

Daily Il Sole 24 Ore said on Sunday UniCredit was close to selling to a vehicle controlled by SwanCap Partners a significant part of its remaining 1.5 billion euro (1.1 billion pounds) private equity investment portfolio, along the lines of a similar 1 bi

07/25/2014

ING Banker Died in Ukraine Crash at 50

The family was among 13 inhabitants from Hilversum who perished in the plane disaster. In an obituary in the newspaper NRC Handelsblad, Mayor Pieter Broertjes said, “It is terrible that they have been torn from our society in this way.”