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Investment Banking

09/07/2022

JP Morgan plots ‘relocation to London over German blackout fears’

The Wall Street bank is said to be drawing up contingency plans to ensure it can continue trading if Vladmir Putin’s decision to shut down Russian gas supplies leads to crippling power outages.

09/07/2022

Deutsche Bank to open representative office in Bangladesh

The representative office will focus on supporting multinational corporate clients, predominantly exporters to Bangladesh.

08/30/2022

Goldman Sachs Urges Investors to Buy Commodities Now — Expects Equities to Suffer as Inflation Stays Elevated

Global investment bank Goldman Sachs has recommended investors buy commodities.

08/30/2022

ABN Amro predicts ‘slight’ recession by end of year

Even with their predicted recession, growth for 2022 should be 4.7% in 2022.

08/26/2022

Citigroup says it will close Russian consumer business

Citi joins other major Wall Street players which have also shut or announced plans to close operations in Russia, in line with sanctions imposed by Western countries.

08/25/2022

Evercore raises junior salaries in London to keep pace with rivals

Battle for emerging talent continues to run red-hot

08/22/2022

Credit Suisse Investment Bankers Are Bracing for Brutal Cutbacks

Conversations with about a dozen Credit Suisse dealmakers, traders, financiers and wealth advisers, who asked to remain anonymous, depict an investment bank braced for a reckoning.

08/19/2022

Deutsche Bank hikes junior banker pay again to keep pace with rivals

The German lender was lagging key rivals on junior salaries but has now hiked for a second time to stay in line

08/17/2022

Bank of London opens new Belfast fintech base at Soloist Building

Invest NI has confirmed it has offered financial support for 130 of the 232 jobs the fintech firm plans to create here by 2026.

08/17/2022

Mizuho’s investment bank weighs European cost cuts to stem losses

To boost revenue, management is considering to build out the derivatives business in Europe, helping corporate clients hedge against risks involved in investment-banking transactions, Hamamoto said.

08/12/2022

Santander sets £20mn aside for mortgage defaults

Nationally, mortgage possession claims are increasing.

08/11/2022

UniCredit’s Andrea Orcel pushes to repair damaged relations with Rome

Collapsed takeover of Monte dei Paschi di Siena strained ties with Italian government

08/10/2022

Morgan Stanley plans direct lending fund in Europe

The group's asset management division is preparing to raise between €2bn and €3bn.

08/08/2022

TBC Bank Uzbekistan attracted $35.1 million of additional capital

The initial investment was up to US $18.8 million (US $9.4 million each for the EBRD and IFC). At the same time, TBC Bank Group PLC invested US $25,9 million.

08/04/2022

French bank Credit Agricole beats expectations in Q2 amid record CIB activity

Analysts also underestimated revenues, which rose 8.8% to 6.33 billions euros, roughly 10% higher than forecast.

08/03/2022

Societe Generale: Second quarter 2022 earnings

Q2 2022 concluded two years of intense and disciplined execution of our various strategic projects.

07/29/2022

H1 2022 NatWest Group Results -NatWest Group

A summary of our H1 2022 results.

07/28/2022

Lloyds profits dip, prepares for bad loans

Lloyds said its net interest margin, the difference between savings and lending rates, was now expected to be greater than 280 basis points.

07/27/2022

Citi’s UK boss opens up on his mental health struggles: ‘If I was working, it was a distraction from the sadness’

Mental health struggles among City professionals are on the rise. James Bardrick tells his story

07/25/2022

EIB Group and CaixaBank to provide over €1 billion of new financing to support SMEs

The agreement covers the financing of activities in Spain and in other EU Member States, and will enable the Spanish financial entity to provide loans for new financing over the next 18 months.

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