05/08/2014
Barclays Wields The Axe In Investment Banking Revamp
The number is higher than the 10,000 to 12,000 jobs that the bank said earlier this year that it wanted to cut.
05/08/2014
Barclays telecoms team exits for Canadian investment bank
The group of analysts is thought to include team co-head Jonathan Dann and as many as four colleagues, according to one of the people familiar with the matter.
05/08/2014
The service is already used by a number of investment banks and brokers.
05/07/2014
ICICI Bank cuts its equity in UK, Canada arms
ICICI Bank, the country’s largest private sector lender, has trimmed its equity investment in its United Kingdom and Canada arms to seven per cent of its net worth, from 11 per cent in the last four years.
05/07/2014
SocGen profit tumbles on Russia unit writedown
The group said the first three months of the year were marked by the emergence of the crisis in Ukraine as it confirmed its purchase of its minority stake in Russian bank Rosbank last month.
05/07/2014
Germany's second-biggest lender is expected to enter exclusive negotiations with one of the bidding consortiums within four weeks and is likely to sign a deal by the end of the quarter, added the sources.
05/07/2014
Societe Generale has finalised the acquisition of Credit Agricole's 50% stake in the capital of Newedge, a derivatives brokerage subsidiary, thus bringing its ownership to 100%.
05/07/2014
INCOMING National Australia Bank chief Andrew Thorburn has been given further incentive to resolve its troubled British operations, with long-suffering investors labelling it the biggest spark to the group’s share price.
05/06/2014
Everyone wants a good junior investment banker these days. Unfortunately for any analysts and associates assuming that they’re hot stuff, both banks and private equity firms are only fighting to recruit and retain a select few.
05/05/2014
Less than 5% of unauthorized financial trading cases may have been reported
05/05/2014
Britain's third biggest lender may sell its continental European operations as part of its strategic review
05/05/2014
The mandate is believed to be one of the largest of its kind in the industry.
05/02/2014
JP Morgan chief Jamie Dimon visits Bournemouth to unveil £28.6m investment
Boss of America's largest bank met 4,000 staff and held a question and answer session on secret trip to Dorset
04/30/2014
There are 54 billion pounds ($90.97 billion) of assets in the Exit Quadrant portfolio
04/30/2014
Pre-tax income was thus 2,547 million euros, down 3.7% compared to the same quarter a year earlier.
04/29/2014
As the chart below, based upon full year profits across banks for 2013, shows, Barclays remains extremely reliant upon its investment bank.
04/29/2014
Lenders including Citigroup Inc. and Royal Bank of Scotland Group Plc have segregated unwanted assets into bad banks in the wake of the financial crisis.
04/28/2014
Natixis maps out bold growth plans for Asia
After the global financial meltdown of 2008, it was fairly rare to hear about lenders in developed countries touting an expansion in Asia when some were scrambling to survive and others were trying to cope with a tougher regulatory and capital environment
04/28/2014
Institutions risk a punch-up over lock-ups
The gloves are coming off in a tussle between fund managers and investment banks over agreements banning the sale of shares in a company for a specified period of time, known as a lock-up arrangement. The Association of British Insurers in April warned of
04/28/2014
Institutions risk a punch-up over lock-ups
The gloves are coming off in a tussle between fund managers and investment banks over agreements banning the sale of shares in a company for a specified period of time, known as a lock-up arrangement.