03/27/2023
As banking sector confidence falters, central banks called on to do more
After the collapse of two U.S. lenders this month and last weekend's Swiss-government-orchestrated takeover of troubled Credit Suisse markets have remained jittery.
Investment Banking
03/10/2023
Deutsche Bank celebrates 150 years in the UK
The bank's UK journey began in 1873 with the opening of its London Agency, which was its first European foreign branch.
03/10/2023
Banks including JPMorgan, Charles Schwab, see $52bn rout on SVB’s deposit losses
The tech-focused lender said it lost nearly $2bn selling assets following a larger-than-expected decline in deposits
03/09/2023
Credit Agricole Lifts Investment Bank Bonus Pool on Hiring Spree
The Paris-based bank increased the unit’s pool for last year by just under 10%, according to people familiar with the decision.
03/06/2023
Citi to Double Paris Trading Staff in Post-Brexit Adjustment
Jenny Surane and Alexandre Rajbhandari
03/06/2023
Ex-JPMorgan bankers start emerging market infrastructure investment firm
ImpactA will provide the first 5% to 15% of debt for projects worth about $100 million to $300 million
02/23/2023
How BNP Paribas is looking to steal a march on European rivals in investment banking
Can the French bank catch up with Wall Street's dominance?
02/17/2023
Freedom to buy investment bank Maxim Group in $400m deal
Freedom’s US CEO Robert Wotczak will become executive chairman of Maxim Group and its subsidiaries, while Maxim Group president Clifford Teller will be elevated to the role of CEO.
02/16/2023
Deutsche Bank cuts ties with Brown Thomas co-owner René Benko
Developer named by prosecutors last year as a suspect in long-running corruption investigation
02/13/2023
BNP Paribas posts record profit of 10.2bn euros
Net banking income — what a bank earns from interest on loans minus interest paid depositors — rose nine percent to 50.4 billion euros.
02/13/2023
Top bankers could lose lucrative payouts in bonus cap overhaul
Removing roles-based allowances could help banks keep a lid on costs as deals dry up
02/10/2023
Financial statements for six months ended 31/12/22 approved
Price sensitive
02/10/2023
Banca Generali, profit down in 2022; there's dividend
Regarding the drop in profit, the company explains that 2021, had benefited from the extraordinary effects of extremely favorable financial markets.
02/09/2023
Credit Suisse cuts 35 London dealmakers in latest layoffs
Axe falls on UK staff as the Swiss lender gears up for another rough set of results
02/09/2023
Societe Generale : 4TH Quarter and Full -Year 2022 Results
Strong improvement in the cost to income ratio to 61.0%(1) (vs. 64.4%(1) in 2021), excluding contribution to the Single Resolution Fund
02/03/2023
CaixaBank posts a profit of €3.15 billion in 2022, up 29.7% on a like-for-like basis, driven by commercial strength and integration synergies
During 2022, year of the merger process completion, CaixaBank has been able to maintain a strong commercial pace despite the climate of uncertainty caused by the Ukraine invasion, and to meet its financial and business objectives.
01/30/2023
Barclays, Venkat and the ghost of Edward Bramson
Bank seeks to turn around investor concerns that have driven down its valuation
01/27/2023
Sabadell posts earnings of 859 million euros and increases its payout ratio to 50%
TSB’s individual net profit amounted to 102 million pounds, while the positive contribution to Banco Sabadell Group amounted to 87 million euros.
01/23/2023
City of London job-seekers slumped by 23% as banks started cuts
Latest Morgan McKinley data suggests the hiring market in finance could be slowing
01/23/2023
Deutsche Bank investment banking bonus pool down less than 10pc
The decline in bonuses reflects an industry-wide trend, with other big investment banking names cutting back on payouts.