04/28/2022
Deutsche Bank posts seventh straight quarter of profit, warns of increasing cost pressures
Analysts had forecast a figure of 1.01 billion euros for the three-month period, according to data from Refinitiv.
Investment Banking
04/27/2022
Santander defies war worries as profits jump
“This has been underpinned by another strong performance in the mortgage market with £3.6 billion of net lending,” he added.
04/13/2022
Deutsche Bank and Commerzbank shares slide after investor sale
Deutsche Bank shares were down 8.8% and Commerzbank had lost 8% by mid-afternoon in Frankfurt.
04/08/2022
SocGen signs six-year contract extension with SimCorp
This agreement is great testimony to the trusted relationship and the strategic alignment between the groups.
04/06/2022
Deutsche Bank trades highest volumes on Indonesia’s first interbank FX engine
Refinitiv is a subsidiary of London Stock Exchange Group
03/31/2022
Morgan Stanley enlists bankers to mentor recruits from underprivileged backgrounds
The socioeconomic background of potential candidates has long been a sticking point in the sector in the UK
03/31/2022
Deutsche Bank lures CoCo investors
On Monday, Deutsche became just the second issuer of Additional Tier 1 bonds since the Ukrainian crisis.
03/29/2022
EBRD to close its offices in Moscow and Minsk
We continue to offer our unwavering support to Ukraine and have already agreed an initial €2 billion package
03/14/2022
Deutsche Bank to Exit Russia, Says There Will Be No New Business There
The financial conglomerate reaffirmed its support for the German government and its allies in “defending our democracy and freedom.”
03/11/2022
Two U.S. Banks Exit Russia
Credit Suisse, which has 125 employees in wealth management and investment banking, and UBS with its workforce of 50 people in Russia, have not made statements in this regard so far.
03/09/2022
EBRD unveils €2 billion resilience package in response to the war on Ukraine
Women, children and the elderly make up the majority of displaced citizens, and municipal authorities face huge challenges in managing the influx of people.
03/07/2022
Credit Agricole Says Russia, Ukraine Exposure Is Limited, Backs Dividend Plans
The commercial lending commitments for Russia as of 31 December 2021 amount to approximately 0.45% of Crédit Agricole S.A.’s commercial lending portfolio
03/03/2022
SocGen fears confiscation of Russia assets as banks prepare for worst
Italy's biggest bank Intesa Sanpaolo, meanwhile, is conducting a strategic review of its presence in Russia following Moscow's invasion of Ukraine, a spokesperson said.
03/01/2022
Danske Bank tests quantum communication for data transfer
This means it can be used in the bank’s network, offering a path for future data security and the race against cyber criminals, says a statement.
02/25/2022
EIB and Banco Montepio Group to support companies with €414 million
The agreement is supported by the European Guarantee Fund, part of the €540 billion package of EU measures deployed in response to the economic impact caused by COVID-19.
02/25/2022
EBRD invests €8.7 million in Qair’s inaugural green bond issue to support solar and wind projects
Qair has pledged to invest at least twice the EBRD’s proceeds, into greenfield solar and wind projects in EBRD countries of operation in the next 36 months.
02/23/2022
Oaktree hires Morgan Stanley to find investor in Italy's Banca Progetto
Oaktree has since worked to relaunch Progetto by turning its lending business digital and is now looking for bids valuing the bank at ten to more than 12 times its 2021 profit of 41 million euros, the sources said.
02/16/2022
EBRD backs digital platform to boost private-sector investment in Tunisia
As the pandemic intensified, investment agencies in various countries turned to digital tools to promote their services more successfully.
02/15/2022
Intesa Sanpaolo Invests £40 Million into Thought Machine and Selects Vault to Power New Digital Banking Platform
Intesa Sanpaolo has selected Thought Machine’s core banking engine
02/10/2022
Agricole beats profit target a year early
Prudent provisioning of performing loans maintained against a backdrop of macro uncertainties.